Equities analysts predict that EnPro Industries, Inc. (NYSE:NPO) will report $338.97 million in sales for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for EnPro Industries’ earnings. The highest sales estimate is $358.60 million and the lowest is $307.30 million. EnPro Industries reported sales of $295.80 million during the same quarter last year, which would suggest a positive year over year growth rate of 14.6%. The business is expected to announce its next quarterly earnings results on Monday, May 7th.
On average, analysts expect that EnPro Industries will report full year sales of $338.97 million for the current year, with estimates ranging from $1.36 billion to $1.47 billion. For the next fiscal year, analysts forecast that the business will report sales of $1.48 billion per share, with estimates ranging from $1.41 billion to $1.52 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research analysts that follow EnPro Industries.
EnPro Industries (NYSE:NPO) last released its quarterly earnings data on Tuesday, February 13th. The industrial products company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.02. EnPro Industries had a net margin of 40.39% and a return on equity of 8.02%. The company had revenue of $362.50 million during the quarter, compared to the consensus estimate of $348.10 million.
EnPro Industries (NPO) opened at $77.35 on Tuesday. The company has a quick ratio of 2.30, a current ratio of 3.06 and a debt-to-equity ratio of 0.68. EnPro Industries has a 12 month low of $62.37 and a 12 month high of $94.79. The stock has a market cap of $1,659.18, a price-to-earnings ratio of 3.19, a price-to-earnings-growth ratio of 0.92 and a beta of 1.17.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 21st. Stockholders of record on Wednesday, March 7th will be paid a dividend of $0.24 per share. This is an increase from EnPro Industries’s previous quarterly dividend of $0.22. The ex-dividend date is Tuesday, March 6th. This represents a $0.96 annualized dividend and a dividend yield of 1.24%. EnPro Industries’s dividend payout ratio is 3.96%.
In other EnPro Industries news, SVP Steven R. Bower bought 1,000 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The stock was acquired at an average price of $75.54 per share, for a total transaction of $75,540.00. Following the completion of the purchase, the senior vice president now owns 1,118 shares of the company’s stock, valued at $84,453.72. The acquisition was disclosed in a filing with the SEC, which is available through this link. 2.60% of the stock is currently owned by corporate insiders.
Large investors have recently made changes to their positions in the stock. SG Americas Securities LLC acquired a new stake in EnPro Industries in the third quarter valued at about $200,000. Cubist Systematic Strategies LLC lifted its position in EnPro Industries by 64.2% in the third quarter. Cubist Systematic Strategies LLC now owns 2,489 shares of the industrial products company’s stock valued at $200,000 after purchasing an additional 973 shares during the period. Meeder Asset Management Inc. acquired a new stake in EnPro Industries in the fourth quarter valued at about $210,000. LS Investment Advisors LLC lifted its position in EnPro Industries by 225.3% in the fourth quarter. LS Investment Advisors LLC now owns 2,388 shares of the industrial products company’s stock valued at $223,000 after purchasing an additional 1,654 shares during the period. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in EnPro Industries in the third quarter valued at about $306,000. Hedge funds and other institutional investors own 92.80% of the company’s stock.
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.
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