EnPro Industries Inc. (NPO) Shares Gap Up to $52.79
EnPro Industries Inc. (NYSE:NPO) shares gapped up before the market opened on Tuesday . The stock had previously closed at $52.61, but opened at $52.79. EnPro Industries shares last traded at $53.07, with a volume of 18,155 shares traded.
Several research analysts have weighed in on NPO shares. Zacks Investment Research upgraded EnPro Industries from a “hold” rating to a “strong-buy” rating and set a $69.00 target price on the stock in a research note on Wednesday, April 27th. Oppenheimer Holdings Inc. reiterated a “buy” rating on shares of EnPro Industries in a research note on Sunday, May 8th.
The firm’s 50-day moving average is $48.59 and its 200 day moving average is $50.96. The company’s market cap is $1.14 billion.
EnPro Industries (NYSE:NPO) last issued its quarterly earnings results on Tuesday, August 2nd. The company reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by $0.06. The company earned $313.20 million during the quarter, compared to analysts’ expectations of $311.87 million. During the same period in the prior year, the company earned $0.69 earnings per share. The business’s revenue was up 5.0% compared to the same quarter last year. Analysts predict that EnPro Industries Inc. will post ($0.92) earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 15th. Investors of record on Thursday, September 1st will be issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date of this dividend is Tuesday, August 30th.
EnPro Industries, Inc (EnPro) is engaged in the designing, developing, manufacturing, and marketing engineered industrial products. The Company operates through three segments: Sealing Products, Engineered Products and Power Systems. Its Sealing Products segment designs, manufactures and sells sealing products, including metallic, non-metallic and composite material gaskets, resilient metal seals, elastomeric seals, hydraulic components, expansion joints and casing end seals.
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