EnPro Industries, Inc. (NYSE:NPO) – Analysts at Oppenheimer decreased their FY2019 earnings per share estimates for EnPro Industries in a research report issued on Tuesday, November 5th. Oppenheimer analyst I. Zaffino now expects that the industrial products company will earn $3.97 per share for the year, down from their prior forecast of $4.50. Oppenheimer also issued estimates for EnPro Industries’ Q4 2019 earnings at $0.80 EPS and FY2020 earnings at $4.50 EPS.
EnPro Industries (NYSE:NPO) last released its earnings results on Tuesday, November 5th. The industrial products company reported $1.13 EPS for the quarter, missing the consensus estimate of $1.31 by ($0.18). EnPro Industries had a net margin of 0.89% and a return on equity of 9.93%. The business had revenue of $373.00 million for the quarter, compared to analyst estimates of $381.43 million. During the same period in the prior year, the company earned $1.36 earnings per share. The firm’s revenue for the quarter was down 3.9% on a year-over-year basis.
NPO stock opened at $67.23 on Friday. EnPro Industries has a 12 month low of $55.43 and a 12 month high of $75.73. The firm has a market cap of $1.39 billion, a PE ratio of 17.19, a P/E/G ratio of 1.21 and a beta of 1.83. The firm has a 50 day simple moving average of $68.09 and a 200 day simple moving average of $65.12. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.27 and a quick ratio of 1.65.
Several large investors have recently modified their holdings of NPO. Nisa Investment Advisors LLC lifted its position in shares of EnPro Industries by 50.0% in the 2nd quarter. Nisa Investment Advisors LLC now owns 3,000 shares of the industrial products company’s stock valued at $192,000 after acquiring an additional 1,000 shares in the last quarter. Strs Ohio purchased a new stake in shares of EnPro Industries in the 2nd quarter valued at approximately $421,000. Rothschild & Co. Asset Management US Inc. lifted its position in shares of EnPro Industries by 19.9% in the 2nd quarter. Rothschild & Co. Asset Management US Inc. now owns 248,879 shares of the industrial products company’s stock valued at $15,888,000 after acquiring an additional 41,361 shares in the last quarter. Aperio Group LLC lifted its position in shares of EnPro Industries by 6.7% in the 2nd quarter. Aperio Group LLC now owns 7,287 shares of the industrial products company’s stock valued at $465,000 after acquiring an additional 459 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan lifted its position in shares of EnPro Industries by 1.7% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 8,410 shares of the industrial products company’s stock valued at $537,000 after acquiring an additional 140 shares in the last quarter. Institutional investors and hedge funds own 92.52% of the company’s stock.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 18th. Investors of record on Wednesday, December 4th will be given a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $1.00 annualized dividend and a dividend yield of 1.49%. EnPro Industries’s dividend payout ratio (DPR) is presently 25.58%.
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.
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