EnPro Industries, Inc. (NYSE:NPO) Expected to Announce Earnings of $0.57 Per Share
Equities research analysts expect EnPro Industries, Inc. (NYSE:NPO) to announce earnings of $0.57 per share for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for EnPro Industries’ earnings. The highest EPS estimate is $0.60 and the lowest is $0.54. EnPro Industries also reported earnings of $0.57 per share during the same quarter last year. The business is expected to announce its next quarterly earnings report on Tuesday, February 23rd.
According to Zacks, analysts expect that EnPro Industries will report full-year earnings of $2.23 per share for the current year, with EPS estimates ranging from $1.85 to $2.44. For the next financial year, analysts forecast that the firm will post earnings of $2.73 per share, with EPS estimates ranging from $2.50 to $2.95. Zacks Investment Research’s EPS averages are a mean average based on a survey of research analysts that cover EnPro Industries.
EnPro Industries (NYSE:NPO) last released its earnings results on Sunday, November 8th. The industrial products company reported $0.67 EPS for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.35. EnPro Industries had a return on equity of 4.83% and a net margin of 18.01%.
NYSE NPO opened at $68.56 on Tuesday. The stock has a market capitalization of $1.41 billion, a price-to-earnings ratio of 7.25, a PEG ratio of 2.72 and a beta of 1.55. EnPro Industries has a one year low of $30.04 and a one year high of $72.11. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.36 and a quick ratio of 2.43. The business’s fifty day moving average is $61.92 and its 200-day moving average is $53.45.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Wednesday, December 2nd will be paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date is Tuesday, December 1st. EnPro Industries’s dividend payout ratio is currently 38.81%.
A number of institutional investors have recently made changes to their positions in NPO. Victory Capital Management Inc. raised its stake in EnPro Industries by 732.8% in the 3rd quarter. Victory Capital Management Inc. now owns 347,824 shares of the industrial products company’s stock valued at $19,621,000 after acquiring an additional 306,056 shares during the period. Chartwell Investment Partners LLC raised its stake in EnPro Industries by 131.1% in the 3rd quarter. Chartwell Investment Partners LLC now owns 261,180 shares of the industrial products company’s stock valued at $14,733,000 after acquiring an additional 148,169 shares during the period. Principal Financial Group Inc. raised its stake in EnPro Industries by 27.6% in the 2nd quarter. Principal Financial Group Inc. now owns 550,725 shares of the industrial products company’s stock valued at $27,145,000 after acquiring an additional 119,201 shares during the period. Morgan Stanley raised its stake in EnPro Industries by 32.8% in the 1st quarter. Morgan Stanley now owns 232,553 shares of the industrial products company’s stock valued at $9,204,000 after acquiring an additional 57,430 shares during the period. Finally, State Street Corp raised its stake in EnPro Industries by 7.8% in the 1st quarter. State Street Corp now owns 683,406 shares of the industrial products company’s stock valued at $27,049,000 after acquiring an additional 49,691 shares during the period. Institutional investors and hedge funds own 93.67% of the company’s stock.
EnPro Industries Company Profile
EnPro Industries, Inc designs, develops, manufactures, and markets engineered industrial products worldwide. The company operates in two segments, Sealing Products and Engineered Products. The 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 for the use in chemical and petrochemical processing, petroleum extraction and refining, pulp and paper processing, power generation, food and pharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, heavy-duty trucking, aerospace, medical, filtration, and semiconductor fabrication industries.
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