EnPro Industries (NPO) Raised to “Hold” at ValuEngine

EnPro Industries (NYSE:NPO) was upgraded by equities research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Friday.

A number of other equities analysts also recently commented on NPO. Zacks Investment Research upgraded shares of EnPro Industries from a “sell” rating to a “hold” rating in a report on Wednesday, May 2nd. KeyCorp dropped their price target on EnPro Industries from $105.00 to $90.00 and set an “overweight” rating on the stock in a research note on Thursday, May 3rd. Oppenheimer set a $100.00 price target on EnPro Industries and gave the stock a “buy” rating in a research note on Thursday, May 3rd. TheStreet lowered EnPro Industries from a “b” rating to a “c+” rating in a research note on Thursday, June 21st. Finally, SunTrust Banks assumed coverage on EnPro Industries in a research note on Wednesday, July 11th. They set a “buy” rating and a $92.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $90.67.

Shares of EnPro Industries stock opened at $74.06 on Friday. The stock has a market capitalization of $1.52 billion, a price-to-earnings ratio of 32.20, a PEG ratio of 1.48 and a beta of 1.06. The company has a quick ratio of 1.78, a current ratio of 2.64 and a debt-to-equity ratio of 0.56. EnPro Industries has a one year low of $63.73 and a one year high of $94.79.

EnPro Industries (NYSE:NPO) last announced its earnings results on Wednesday, August 1st. The industrial products company reported $0.75 EPS for the quarter, missing the Zacks’ consensus estimate of $1.12 by ($0.37). The firm had revenue of $393.60 million during the quarter, compared to the consensus estimate of $370.48 million. EnPro Industries had a return on equity of 7.33% and a net margin of 36.50%. The business’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.01 earnings per share. sell-side analysts anticipate that EnPro Industries will post 3.63 EPS for the current year.

Hedge funds have recently modified their holdings of the company. SG Americas Securities LLC purchased a new stake in shares of EnPro Industries during the first quarter worth about $121,000. Nisa Investment Advisors LLC grew its stake in shares of 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 worth $147,000 after acquiring an additional 800 shares during the last quarter. Point72 Hong Kong Ltd purchased a new stake in shares of EnPro Industries during the second quarter worth about $159,000. Cubist Systematic Strategies LLC purchased a new stake in shares of EnPro Industries during the second quarter worth about $251,000. Finally, Profund Advisors LLC grew its stake in shares of EnPro Industries by 35.9% during the first quarter. Profund Advisors LLC now owns 3,678 shares of the industrial products company’s stock worth $285,000 after acquiring an additional 972 shares during the last quarter. Institutional investors and hedge funds own 92.83% 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 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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Analyst Recommendations for EnPro Industries (NYSE:NPO)

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