EnPro Industries Coverage Initiated at Ned Davis Research (NPO)
Ned Davis Research initiated coverage on shares of EnPro Industries (NYSE:NPO) in a research note issued on Monday, Stock Ratings Network reports. The firm set a “neutral” rating on the stock.
A number of other firms have also recently commented on NPO. Analysts at Zacks downgraded shares of EnPro Industries from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, October 1st. They now have a $64.10 price target on the stock. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $61.03.
EnPro Industries (NYSE:NPO) traded down 1.27% during mid-day trading on Monday, hitting $58.465. The stock had a trading volume of 28,437 shares. EnPro Industries has a 52-week low of $35.43 and a 52-week high of $60.95. The stock’s 50-day moving average is $58.87 and its 200-day moving average is $53.67. The company has a market cap of $1.224 billion and a P/E ratio of 38.73.
EnPro Industries (NYSE:NPO) last announced its earnings results on Thursday, August 1st. The company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.29. The company had revenue of $305.80 million for the quarter, compared to the consensus estimate of $306.28 million. During the same quarter in the previous year, the company posted $0.76 earnings per share. The company’s revenue for the quarter was up 1.4% on a year-over-year basis.
Enpro Industries, Inc (NYSE:NPO), is engaged in the designing, development, manufacturing, and marketing of engineered industrial products.
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