EnPro Industries (NYSE:NPO) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Saturday, Zacks.com reports.

According to Zacks, “EnPro Industries, Inc. is a diversified manufacturer of proprietary engineered products used in critical applications. EnPro Industries are a leader in sealing technologies, metal polymer and filament wound bearings, components and service for reciprocating compressors, diesel and dual-fuel engines and other solutions that meet the needs of industries worldwide. EnPro Industries commitment to innovation, quality and value has propelled our brands to wide recognition and leading positions in their markets. EnPro businesses manufacture high quality products and provide high quality services to the customers. These products and services are sold into more than 40 distinct industries with thousands of applications, ranging from jet engines to chemical plants, oil wells to semiconductor clean rooms and Navy ships to tractor-trailer trucks. EnPro operates manufacturing facilities in North and South America, Europe and Asia. “

Several other equities research analysts have also recently weighed in on NPO. ValuEngine upgraded EnPro Industries from a “sell” rating to a “hold” rating in a report on Friday. TheStreet cut EnPro Industries from a “b” rating to a “c+” rating in a report on Tuesday.

Shares of NPO stock opened at $67.23 on Friday. EnPro Industries has a twelve month low of $55.43 and a twelve month high of $75.73. The stock has a market capitalization of $1.39 billion, a price-to-earnings ratio of 17.19, a P/E/G ratio of 1.21 and a beta of 1.83. The stock has a fifty day simple moving average of $68.09 and a two-hundred day simple moving average of $65.12. The company has a current ratio of 2.27, a quick ratio of 1.65 and a debt-to-equity ratio of 0.76.

EnPro Industries (NYSE:NPO) last issued its earnings results on Tuesday, November 5th. The industrial products company reported $1.13 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.31 by ($0.18). EnPro Industries had a return on equity of 9.93% and a net margin of 0.89%. The firm had revenue of $373.00 million during the quarter, compared to analysts’ expectations of $381.43 million. During the same quarter in the prior year, the company posted $1.36 earnings per share. EnPro Industries’s quarterly revenue was down 3.9% compared to the same quarter last year. Research analysts predict that EnPro Industries will post 3.97 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently modified their holdings of the stock. NumerixS Investment Technologies Inc purchased a new stake in shares of EnPro Industries during the 2nd quarter worth $57,000. Bank of Montreal Can lifted its stake in shares of EnPro Industries by 204.5% during the 2nd quarter. Bank of Montreal Can now owns 2,549 shares of the industrial products company’s stock worth $162,000 after purchasing an additional 1,712 shares during the last quarter. Nisa Investment Advisors LLC lifted its stake in shares of EnPro Industries by 50.0% during the 2nd quarter. Nisa Investment Advisors LLC now owns 3,000 shares of the industrial products company’s stock worth $192,000 after purchasing an additional 1,000 shares during the last quarter. Campbell & CO Investment Adviser LLC purchased a new stake in shares of EnPro Industries during the 3rd quarter worth $221,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. purchased a new stake in shares of EnPro Industries during the 2nd quarter worth $287,000. Hedge funds and other institutional investors own 92.52% of the company’s stock.

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 packing products; hydraulic components; expansion joints; flange sealing and isolation products; pipeline casing spacers/isolators; casing end seals; and modular sealing systems for sealing pipeline penetrations.

Featured Story: What is a blue-chip stock?

Get a free copy of the Zacks research report on EnPro Industries (NPO)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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.