Somewhat Positive Press Coverage Somewhat Unlikely to Affect EnPro Industries (NPO) Stock Price
News coverage about EnPro Industries (NYSE:NPO) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. EnPro Industries earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 46.2063409944811 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
A number of brokerages have issued reports on NPO. Zacks Investment Research raised EnPro Industries from a “sell” rating to a “hold” rating in a research note on Friday, May 26th. BidaskClub raised EnPro Industries from a “sell” rating to a “hold” rating in a research note on Tuesday, June 13th. FBR & Co reaffirmed a “buy” rating and set a $85.00 price target on shares of EnPro Industries in a research note on Tuesday, September 12th. Finally, TheStreet raised EnPro Industries from a “c+” rating to a “b-” rating in a research note on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, two have issued a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $83.33.
EnPro Industries (NYSE:NPO) traded up 0.26% during midday trading on Friday, hitting $74.63. The stock had a trading volume of 141,862 shares. The company has a market cap of $1.59 billion, a P/E ratio of 87.39 and a beta of 1.10. The stock’s 50-day moving average is $71.65 and its 200-day moving average is $69.67. EnPro Industries has a one year low of $52.00 and a one year high of $77.65.
EnPro Industries (NYSE:NPO) last posted its quarterly earnings data on Monday, July 31st. The industrial products company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.81 by ($0.35). EnPro Industries had a return on equity of 8.71% and a net margin of 1.56%. The company had revenue of $347.00 million during the quarter, compared to the consensus estimate of $347.13 million. During the same quarter last year, the firm earned $0.17 EPS. The business’s revenue for the quarter was up 10.8% on a year-over-year basis. Equities analysts predict that EnPro Industries will post $2.61 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 20th. Investors of record on Wednesday, September 6th will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 1.18%. The ex-dividend date of this dividend is Friday, September 1st. EnPro Industries’s dividend payout ratio (DPR) is presently 103.53%.
In other EnPro Industries news, insider Stephen E. Macadam sold 26,318 shares of EnPro Industries stock in a transaction on 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 of the company’s stock, valued at approximately $18,206,271.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Todd L. Anderson sold 2,148 shares of EnPro Industries stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $72.67, for a total transaction of $156,095.16. Following the sale, the insider now directly owns 9,000 shares of the company’s stock, valued at approximately $654,030. The disclosure for this sale can be found here. Insiders own 2.60% of the company’s stock.
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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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