Brokerages expect EnPro Industries, Inc. (NYSE:NPO) to post sales of $366.95 million for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for EnPro Industries’ earnings. The lowest sales estimate is $355.40 million and the highest is $378.50 million. EnPro Industries reported sales of $381.40 million during the same quarter last year, which would suggest a negative year-over-year growth rate of 3.8%. The firm is expected to report its next quarterly earnings results on Wednesday, February 12th.
According to Zacks, analysts expect that EnPro Industries will report full year sales of $1.48 billion for the current fiscal year, with estimates ranging from $1.47 billion to $1.51 billion. For the next year, analysts forecast that the business will report sales of $1.52 billion, with estimates ranging from $1.46 billion to $1.57 billion. Zacks’ sales calculations are an average based on a survey of sell-side analysts that that provide coverage for EnPro Industries.
EnPro Industries (NYSE:NPO) last announced its quarterly earnings data on Tuesday, November 5th. The industrial products company reported $1.13 earnings per share for the quarter, missing the Zacks’ 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 firm had revenue of $373.00 million during the quarter, compared to analyst estimates of $381.43 million. During the same quarter in the previous year, the business posted $1.36 earnings per share. EnPro Industries’s revenue for the quarter was down 3.9% compared to the same quarter last year.
Several institutional investors and hedge funds have recently made changes to their positions in NPO. Mackenzie Financial Corp raised its holdings in shares of EnPro Industries by 199,941.4% in the 2nd quarter. Mackenzie Financial Corp now owns 12,102,505 shares of the industrial products company’s stock valued at $386,000 after purchasing an additional 12,096,455 shares in the last quarter. Invesco Ltd. raised its stake in EnPro Industries by 625.8% during the 2nd quarter. Invesco Ltd. now owns 326,669 shares of the industrial products company’s stock worth $20,854,000 after acquiring an additional 281,659 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in EnPro Industries by 383.5% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 138,983 shares of the industrial products company’s stock worth $8,873,000 after acquiring an additional 110,235 shares in the last quarter. Nuveen Asset Management LLC acquired a new stake in EnPro Industries during the 2nd quarter worth $6,604,000. Finally, Gamco Investors INC. ET AL raised its stake in EnPro Industries by 6.1% during the 2nd quarter. Gamco Investors INC. ET AL now owns 1,372,654 shares of the industrial products company’s stock worth $87,630,000 after acquiring an additional 78,808 shares in the last quarter. Institutional investors and hedge funds own 91.86% of the company’s stock.
Shares of NPO opened at $64.05 on Monday. EnPro Industries has a twelve month low of $55.43 and a twelve month high of $75.73. The firm’s fifty day simple moving average is $67.72 and its 200-day simple moving average is $64.90. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 16.38, a PEG ratio of 1.49 and a beta of 1.83. The company has a current ratio of 2.27, a quick ratio of 1.54 and a debt-to-equity ratio of 0.76.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 18th. Stockholders of record on Wednesday, December 4th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.56%. EnPro Industries’s payout ratio is 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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