Wall Street analysts forecast that EnPro Industries, Inc. (NYSE:NPO – Get Rating) will announce earnings of $1.82 per share for the current quarter, according to Zacks. Two analysts have made estimates for EnPro Industries’ earnings, with the highest EPS estimate coming in at $1.86 and the lowest estimate coming in at $1.78. EnPro Industries posted earnings of $1.56 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 16.7%. The firm is expected to announce its next earnings report on Monday, January 1st.
On average, analysts expect that EnPro Industries will report full-year earnings of $6.94 per share for the current fiscal year, with EPS estimates ranging from $6.68 to $7.20. For the next financial year, analysts expect that the company will report earnings of $7.66 per share, with EPS estimates ranging from $7.06 to $8.25. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for EnPro Industries.
EnPro Industries (NYSE:NPO – Get Rating) last released its earnings results on Monday, May 2nd. The industrial products company reported $1.83 EPS for the quarter, beating the consensus estimate of $1.53 by $0.30. EnPro Industries had a return on equity of 10.47% and a net margin of 14.73%. The firm had revenue of $328.70 million during the quarter, compared to analyst estimates of $298.23 million. During the same period in the prior year, the firm posted $1.37 earnings per share. The business’s quarterly revenue was up 17.7% compared to the same quarter last year.
In other news, CFO John M. Childress II sold 10,000 shares of the business’s stock in a transaction on Wednesday, March 2nd. The shares were sold at an average price of $107.61, for a total value of $1,076,100.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Steven R. Bower sold 1,308 shares of the business’s stock in a transaction on Friday, March 4th. The shares were sold at an average price of $106.29, for a total transaction of $139,027.32. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company’s stock.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. UMB Bank N A MO purchased a new position in shares of EnPro Industries in the 1st quarter valued at about $27,000. Lazard Asset Management LLC acquired a new position in EnPro Industries during the fourth quarter valued at approximately $54,000. Alpha Paradigm Partners LLC acquired a new position in shares of EnPro Industries during the fourth quarter worth $69,000. KBC Group NV bought a new stake in shares of EnPro Industries in the third quarter worth $60,000. Finally, Advisor Group Holdings Inc. increased its stake in shares of EnPro Industries by 8.4% in the fourth quarter. Advisor Group Holdings Inc. now owns 1,250 shares of the industrial products company’s stock worth $138,000 after buying an additional 97 shares during the last quarter. 94.26% of the stock is owned by institutional investors.
Shares of NYSE NPO traded up $3.17 on Friday, hitting $96.10. The company had a trading volume of 116,197 shares, compared to its average volume of 75,290. The firm has a market capitalization of $2.00 billion, a P/E ratio of 11.40 and a beta of 1.37. EnPro Industries has a 12-month low of $79.80 and a 12-month high of $117.63. The company has a quick ratio of 1.35, a current ratio of 1.77 and a debt-to-equity ratio of 0.73. The business has a 50 day moving average of $98.05 and a two-hundred day moving average of $104.07.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 15th. Stockholders of record on Wednesday, June 1st will be given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend is Tuesday, May 31st. EnPro Industries’s payout ratio is presently 13.29%.
EnPro Industries Company Profile (Get Rating)
EnPro Industries, Inc engages in the design, development, manufacture, marketing, and service of engineered industrial products in the United States, Europe, and internationally. It operates through three segments: Sealing Technologies, Advanced Surface Technologies, and Engineered Materials. The Sealing Technologies segment offers single-use hygienic seals, tubing, components and assemblies; metallic, non-metallic, and composite material gaskets; compression packing products; hydraulic components; expansion joints; wall penetration products; and dynamic, flange, resilient metal, elastomeric, and custom-engineered mechanical seals for chemical and petrochemical processing, pulp and paper processing, power generation, food and pharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, heavy-duty trucking, aerospace, medical, filtration, and semiconductor fabrication industries.
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