EnPro Industries Inc. (NPO) Shares Up 1.6%
Shares of EnPro Industries Inc. (NYSE:NPO) shot up 1.6% during mid-day trading on Thursday . The stock traded as high as $54.02 and last traded at $53.80, with a volume of 71,815 shares changing hands. The stock had previously closed at $52.93.
Several brokerages have issued reports on NPO. Zacks Investment Research cut EnPro Industries from a “buy” rating to a “hold” rating in a research report on Tuesday, July 12th. Oppenheimer Holdings Inc. reaffirmed a “buy” rating on shares of EnPro Industries in a research report on Sunday, May 8th.
The firm has a 50 day moving average price of $49.12 and a 200-day moving average price of $51.00. The firm’s market capitalization is $1.16 billion.
EnPro Industries (NYSE:NPO) last posted its earnings results on Tuesday, August 2nd. The company reported $0.60 EPS for the quarter, missing the consensus estimate 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 quarter in the previous year, the business earned $0.69 earnings per share. EnPro Industries’s revenue was up 5.0% compared to the same quarter last year. Equities analysts expect that EnPro Industries Inc. will post ($0.92) earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Shareholders of record on Thursday, September 1st will be paid a $0.21 dividend. The ex-dividend date is Tuesday, August 30th. This represents a $0.84 annualized dividend and a yield of 1.56%.
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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