EnPro Industries (NPO) to Release Quarterly Earnings on Monday
EnPro Industries (NYSE:NPO) will be announcing its earnings results before the market opens on Monday, October 30th. Analysts expect the company to announce earnings of $0.86 per share for the quarter.
EnPro Industries (NYSE:NPO) last announced its quarterly earnings results on Monday, July 31st. The industrial products company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.81 by ($0.35). The company had revenue of $347.00 million during the quarter, compared to analysts’ expectations of $347.13 million. EnPro Industries had a return on equity of 8.71% and a net margin of 1.56%. The firm’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.17 EPS. On average, analysts expect EnPro Industries to post $2.61 EPS for the current fiscal year and $3.39 EPS for the next fiscal year.
Shares of EnPro Industries (NPO) opened at 79.49 on Monday. The stock has a market cap of $1.69 billion, a PE ratio of 93.08 and a beta of 1.15. The firm has a 50-day moving average of $77.24 and a 200 day moving average of $72.15. EnPro Industries has a 52 week low of $52.00 and a 52 week high of $82.72.
Several analysts have recently issued reports on the stock. FBR & Co reiterated an “outperform” rating on shares of EnPro Industries in a research report on Tuesday, July 11th. BidaskClub upgraded shares of EnPro Industries from a “hold” rating to a “buy” rating in a research report on Saturday, July 8th. TheStreet upgraded shares of EnPro Industries from a “c+” rating to a “b-” rating in a research report on Thursday, August 3rd. KeyCorp reiterated a “hold” rating on shares of EnPro Industries in a research report on Friday. Finally, Zacks Investment Research lowered shares of EnPro Industries from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. EnPro Industries has an average rating of “Hold” and a consensus price target of $83.33.
In other news, insider Todd L. Anderson sold 2,148 shares of EnPro Industries stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $72.67, for a total value of $156,095.16. Following the sale, the insider now owns 9,000 shares in the company, valued at $654,030. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Stephen E. Macadam sold 26,318 shares of EnPro Industries stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $74.08, for a total transaction of $1,949,637.44. Following the completion of the sale, the insider now owns 245,765 shares in the company, valued at approximately $18,206,271.20. The disclosure for this sale can be found here. 2.60% of the stock is owned by company insiders.
EnPro Industries Company Profile
EnPro Industries, Inc is engaged in the designing, developing, manufacturing and marketing engineered industrial products. It operates through three segments. The Sealing Products segment includes three operating divisions: Garlock, which designs, manufactures and sells sealing products; Technetics, which designs, manufactures and sells metal seals and elastomeric seals, among others, and Stemco LP (Stemco), which designs, manufactures and sells heavy-duty truck wheel-end components and systems.
Receive News & Ratings for EnPro Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EnPro Industries and related companies with MarketBeat.com's FREE daily email newsletter.