Brokerages predict that EnPro Industries, Inc. (NYSE:NPO) will post earnings of $1.09 per share for the current quarter, according to Zacks. Four analysts have made estimates for EnPro Industries’ earnings, with estimates ranging from $1.06 to $1.12. EnPro Industries reported earnings of $0.73 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 49.3%. The firm is expected to report its next quarterly earnings report on Monday, October 29th.

On average, analysts expect that EnPro Industries will report full-year earnings of $3.53 per share for the current year, with EPS estimates ranging from $3.35 to $3.65. For the next fiscal year, analysts expect that the firm will report earnings of $4.49 per share, with EPS estimates ranging from $4.25 to $4.60. Zacks’ EPS averages are a mean average based on a survey of research analysts that cover EnPro Industries.

EnPro Industries (NYSE:NPO) last posted its quarterly earnings data on Wednesday, August 1st. The industrial products company reported $0.75 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.12 by ($0.37). The firm had revenue of $393.60 million for the quarter, compared to analysts’ expectations of $370.48 million. EnPro Industries had a return on equity of 7.33% and a net margin of 36.50%. EnPro Industries’s revenue was up 13.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.01 earnings per share.

A number of research firms have issued reports on NPO. B. Riley cut their price objective on shares of EnPro Industries from $100.00 to $90.00 and set a “buy” rating on the stock in a report on Monday, August 6th. SunTrust Banks initiated coverage on EnPro Industries in a research note on Wednesday, July 11th. They set a “buy” rating and a $92.00 target price on the stock. Zacks Investment Research cut EnPro Industries from a “hold” rating to a “sell” rating in a research note on Saturday, August 4th. ValuEngine upgraded EnPro Industries from a “sell” rating to a “hold” rating in a research note on Friday, August 17th. Finally, TheStreet upgraded EnPro Industries from a “c+” rating to a “b-” rating in a research note on Monday, August 6th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Buy” and an average price target of $90.67.

In related news, SVP Jon D. Rickers sold 500 shares of the business’s stock in a transaction dated Thursday, August 23rd. The stock was sold at an average price of $75.63, for a total value of $37,815.00. Following the sale, the senior vice president now directly owns 6,215 shares in the company, valued at approximately $470,040.45. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 2.60% of the company’s stock.

A number of institutional investors have recently made changes to their positions in NPO. FMR LLC raised its stake in EnPro Industries by 243.8% in the 2nd quarter. FMR LLC now owns 618,705 shares of the industrial products company’s stock valued at $43,278,000 after acquiring an additional 438,735 shares during the period. Gamco Investors INC. ET AL increased its position in shares of EnPro Industries by 91.3% during the second quarter. Gamco Investors INC. ET AL now owns 882,202 shares of the industrial products company’s stock valued at $61,710,000 after buying an additional 421,102 shares during the period. Dimensional Fund Advisors LP increased its position in shares of EnPro Industries by 30.3% during the second quarter. Dimensional Fund Advisors LP now owns 1,069,483 shares of the industrial products company’s stock valued at $74,811,000 after buying an additional 248,556 shares during the period. Ceredex Value Advisors LLC bought a new stake in shares of EnPro Industries during the first quarter valued at about $19,230,000. Finally, Rothschild Asset Management Inc. bought a new stake in shares of EnPro Industries during the first quarter valued at about $16,648,000. Institutional investors and hedge funds own 92.71% of the company’s stock.

NPO traded down $0.08 during mid-day trading on Monday, reaching $77.66. 1,651 shares of the stock were exchanged, compared to its average volume of 91,091. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.64 and a quick ratio of 1.78. The company has a market capitalization of $1.55 billion, a price-to-earnings ratio of 33.76, a P/E/G ratio of 1.55 and a beta of 1.06. EnPro Industries has a 1 year low of $63.73 and a 1 year high of $94.79.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 19th. Investors of record on Wednesday, September 5th will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date is Tuesday, September 4th. EnPro Industries’s dividend payout ratio is currently 41.74%.

EnPro Industries Company Profile

EnPro Industries, Inc designs, develops, manufactures, and markets engineered industrial products worldwide. The company's Sealing Products segment offers metallic, non-metallic, and composite material gaskets; dynamic seals; compression packings; resilient metal seals; elastomeric seals; hydraulic components; expansion joints; flange sealing and isolation products; pipeline casing spacers/isolators; casing end seals; modular sealing systems for sealing pipeline penetrations; hole forming products; manhole infiltration sealing systems; bellows and bellows assemblies; pedestals; custom-engineered mechanical seals; polytetrafluoroethylene products; and heavy-duty commercial vehicle parts.

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Earnings History and Estimates for EnPro Industries (NYSE:NPO)

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