EnPro Industries Stock Rating Upgraded by CL King (NPO)
EnPro Industries (NYSE:NPO) was upgraded by equities researchers at CL King from a “neutral” rating to a “buy” rating in a research report issued on Monday, TheFlyOnTheWall.com reports.
A number of other firms have also recently commented on NPO. Analysts at Oppenheimer raised their price target on shares of EnPro Industries from $65.00 to $92.00 in a research note to investors on Monday. They now have an “outperform” rating on the stock. Separately, analysts at Zacks upgraded shares of EnPro Industries from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, January 1st. They now have a $58.70 price target on the stock. Finally, analysts at Zacks downgraded shares of EnPro Industries from a “neutral” rating to an “underperform” rating in a research note to investors on Wednesday, November 6th. They now have a $54.40 price target on the stock. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $70.57.
Shares of EnPro Industries (NYSE:NPO) traded up 20.27% on Monday, hitting $71.21. The stock had a trading volume of 3,043,011 shares. EnPro Industries has a 1-year low of $42.00 and a 1-year high of $80.00. The stock’s 50-day moving average is $56.56 and its 200-day moving average is $57.67. The company has a market cap of $1.492 billion and a P/E ratio of 48.30.
EnPro Industries (NYSE:NPO) last announced its earnings results on Friday, November 1st. The company reported $0.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by $0.03. The company had revenue of $276.00 million for the quarter, compared to the consensus estimate of $293.11 million. During the same quarter in the previous year, the company posted $0.81 earnings per share. The company’s revenue for the quarter was down 5.4% on a year-over-year basis. Analysts expect that EnPro Industries will post $1.20 EPS for the current fiscal year.
Enpro Industries, Inc (NYSE:NPO), is engaged in the designing, development, manufacturing, and marketing of engineered industrial products.
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