Zacks: Analysts Expect EnPro Industries, Inc. (NPO) Will Announce Earnings of $1.09 Per Share

Equities analysts expect EnPro Industries, Inc. (NYSE:NPO) to post earnings per share (EPS) of $1.09 for the current quarter, according to Zacks. Four analysts have provided estimates for EnPro Industries’ earnings, with estimates ranging from $1.06 to $1.12. EnPro Industries reported earnings per share of $0.73 in the same quarter last year, which suggests a positive year over year growth rate of 49.3%. The company is scheduled to issue its next earnings report on Monday, October 29th.

According to Zacks, analysts expect that EnPro Industries will report full year earnings of $3.53 per share for the current year, with EPS estimates ranging from $3.35 to $3.65. For the next fiscal year, analysts anticipate that the firm will post earnings of $4.49 per share, with EPS estimates ranging from $4.25 to $4.60. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for EnPro Industries.

EnPro Industries (NYSE:NPO) last issued its quarterly earnings results on Wednesday, August 1st. The industrial products company reported $0.75 EPS for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.37). The firm had revenue of $393.60 million for the quarter, compared to analysts’ expectations of $370.48 million. EnPro Industries had a return on equity of 7.33% and a net margin of 36.50%. The business’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.01 earnings per share.

A number of equities research analysts have recently commented on NPO shares. TheStreet upgraded shares of EnPro Industries from a “c+” rating to a “b-” rating in a report on Monday, August 6th. SunTrust Banks reissued a “buy” rating and issued a $88.00 target price on shares of EnPro Industries in a research report on Thursday, August 16th. B. Riley decreased their target price on shares of EnPro Industries from $100.00 to $90.00 and set a “buy” rating on the stock in a research report on Monday, August 6th. ValuEngine raised shares of EnPro Industries from a “sell” rating to a “hold” rating in a research report on Thursday, July 19th. Finally, Oppenheimer decreased their target price on shares of EnPro Industries from $100.00 to $90.00 and set an “outperform” rating on the stock in a research report on Thursday, August 2nd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $90.67.

Shares of NYSE NPO opened at $76.65 on Monday. The stock has a market cap of $1.60 billion, a PE ratio of 33.33, a PEG ratio of 1.60 and a beta of 1.06. EnPro Industries has a 12 month low of $63.73 and a 12 month high of $94.79. The company has a quick ratio of 1.78, a current ratio of 2.64 and a debt-to-equity ratio of 0.56.

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 19th. Investors of record on Wednesday, September 5th were given a $0.24 dividend. The ex-dividend date was Tuesday, September 4th. This represents a $0.96 annualized dividend and a dividend yield of 1.25%. EnPro Industries’s dividend payout ratio is presently 41.74%.

In related news, SVP Jon D. Rickers sold 500 shares of the firm’s stock in a transaction that occurred on Thursday, August 23rd. The shares were sold at an average price of $75.63, for a total value of $37,815.00. Following the sale, the senior vice president now directly owns 6,215 shares of the company’s stock, valued at $470,040.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.60% of the stock is currently owned by company insiders.

A number of hedge funds have recently made changes to their positions in the business. Nisa Investment Advisors LLC lifted its position in EnPro Industries by 61.5% during the second quarter. Nisa Investment Advisors LLC now owns 2,100 shares of the industrial products company’s stock valued at $147,000 after buying an additional 800 shares in the last quarter. Profund Advisors LLC lifted its position in EnPro Industries by 35.9% during the first quarter. Profund Advisors LLC now owns 3,678 shares of the industrial products company’s stock valued at $285,000 after buying an additional 972 shares in the last quarter. Granite Investment Partners LLC lifted its position in EnPro Industries by 0.6% during the second quarter. Granite Investment Partners LLC now owns 173,803 shares of the industrial products company’s stock valued at $12,158,000 after buying an additional 1,077 shares in the last quarter. Citigroup Inc. lifted its position in EnPro Industries by 10.4% during the first quarter. Citigroup Inc. now owns 11,832 shares of the industrial products company’s stock valued at $916,000 after buying an additional 1,112 shares in the last quarter. Finally, Rhumbline Advisers lifted its position in EnPro Industries by 2.2% during the first quarter. Rhumbline Advisers now owns 52,142 shares of the industrial products company’s stock valued at $4,035,000 after buying an additional 1,115 shares in the last quarter. 92.71% of the stock is currently owned by hedge funds and other institutional investors.

EnPro Industries Company Profile

EnPro Industries, Inc designs, develops, manufactures, and markets engineered industrial products worldwide. The company's Sealing Products segment offers metallic, non-metallic, and composite material gaskets; dynamic seals; compression packings; resilient metal seals; elastomeric seals; hydraulic components; expansion joints; flange sealing and isolation products; pipeline casing spacers/isolators; casing end seals; modular sealing systems for sealing pipeline penetrations; hole forming products; manhole infiltration sealing systems; bellows and bellows assemblies; pedestals; custom-engineered mechanical seals; polytetrafluoroethylene products; and heavy-duty commercial vehicle parts.

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Earnings History and Estimates for EnPro Industries (NYSE:NPO)

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