EnPro Industries (NPO) Announces Quarterly Earnings Results, Misses Estimates By $0.02 EPS
EnPro Industries (NYSE:NPO) posted its quarterly earnings results on Thursday. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by $0.02, AnalystRatings.NET reports. The company had revenue of $313.10 million for the quarter, compared to the consensus estimate of $312.57 million.
Shares of EnPro Industries (NYSE:NPO) opened at 71.17 on Thursday. EnPro Industries has a 52-week low of $53.39 and a 52-week high of $80.00. The stock has a 50-day moving average of $72.88 and a 200-day moving average of $72.34. The company has a market cap of $1.617 billion and a P/E ratio of 85.38.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of EnPro Industries from a “neutral” rating to an “outperform” rating in a research note on Monday, July 7th. They now have a $78.00 price target on the stock. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $85.00.
Enpro Industries, Inc (NYSE:NPO), is engaged in the designing, development, manufacturing, and marketing of engineered industrial products.
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