Wall Street brokerages expect that EnPro Industries, Inc. (NYSE:NPO) will post $0.93 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for EnPro Industries’ earnings, with the lowest EPS estimate coming in at $0.80 and the highest estimate coming in at $1.05. EnPro Industries posted earnings of $0.98 per share in the same quarter last year, which would suggest a negative year over year growth rate of 5.1%. The business is scheduled to issue its next quarterly earnings report on Wednesday, February 12th.
According to Zacks, analysts expect that EnPro Industries will report full year earnings of $4.21 per share for the current fiscal year, with EPS estimates ranging from $3.97 to $4.45. For the next financial year, analysts forecast that the business will report earnings of $4.45 per share, with EPS estimates ranging from $3.90 to $4.95. Zacks’ earnings per share averages are an average based on a survey of research analysts that cover EnPro Industries.
EnPro Industries (NYSE:NPO) last released its earnings results on Tuesday, November 5th. The industrial products company reported $1.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.31 by ($0.18). The firm had revenue of $373.00 million for the quarter, compared to analyst estimates of $381.43 million. EnPro Industries had a return on equity of 9.93% and a net margin of 0.89%. EnPro Industries’s revenue was down 3.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.36 earnings per share.
NYSE:NPO opened at $63.69 on Friday. The business’s 50-day moving average price is $67.50 and its 200 day moving average price is $64.76. The firm has a market cap of $1.33 billion, a P/E ratio of 16.29, a PEG ratio of 1.48 and a beta of 1.83. EnPro Industries has a 52-week low of $55.43 and a 52-week high of $75.73. The company has a quick ratio of 1.54, a current ratio of 2.27 and a debt-to-equity ratio of 0.76.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 18th. Investors of record on Wednesday, December 4th will be paid a $0.25 dividend. The ex-dividend date is Tuesday, December 3rd. This represents a $1.00 dividend on an annualized basis and a yield of 1.57%. EnPro Industries’s dividend payout ratio is currently 25.58%.
Institutional investors and hedge funds have recently modified their holdings of the stock. NumerixS Investment Technologies Inc purchased a new position in EnPro Industries in the 2nd quarter worth about $57,000. Bank of Montreal Can increased its stake in EnPro Industries by 204.5% in the 2nd quarter. Bank of Montreal Can now owns 2,549 shares of the industrial products company’s stock worth $162,000 after purchasing an additional 1,712 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in EnPro Industries by 50.0% in the 2nd quarter. Nisa Investment Advisors LLC now owns 3,000 shares of the industrial products company’s stock worth $192,000 after purchasing an additional 1,000 shares in the last quarter. Campbell & CO Investment Adviser LLC purchased a new position in EnPro Industries in the 3rd quarter worth about $221,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in EnPro Industries in the 2nd quarter worth about $287,000. 91.03% of the stock is currently owned by hedge funds and other institutional investors.
About EnPro Industries
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 packing products; hydraulic components; expansion joints; flange sealing and isolation products; pipeline casing spacers/isolators; casing end seals; and modular sealing systems for sealing pipeline penetrations.
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