EnPro Industries (NYSE:NPO) Issues FY20 Earnings Guidance

EnPro Industries (NYSE:NPO) updated its FY20 earnings guidance on Tuesday. The company provided earnings per share guidance of $2.82-3.14 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.84. EnPro Industries also updated its FY 2020
Pre-Market guidance to 2.82-3.14 EPS.

NPO stock traded down $3.52 during trading on Wednesday, hitting $56.70. The stock had a trading volume of 213,300 shares, compared to its average volume of 88,911. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.27 and a quick ratio of 1.54. 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 $1.25 billion, a P/E ratio of 90.00, a PEG ratio of 3.25 and a beta of 1.82. The company’s 50-day moving average price is $61.94 and its two-hundred day moving average price is $65.06.

EnPro Industries (NYSE:NPO) last announced its earnings results on Tuesday, February 25th. The industrial products company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.27. The business had revenue of $286.50 million during the quarter, compared to analysts’ expectations of $284.70 million. EnPro Industries had a return on equity of 9.93% and a net margin of 0.89%. The business’s revenue was down 1.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.37 earnings per share. As a group, sell-side analysts expect that EnPro Industries will post 3.48 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 1.83%. This is a boost from EnPro Industries’s previous quarterly dividend of $0.25. The ex-dividend date is Tuesday, March 3rd. EnPro Industries’s payout ratio is presently 25.58%.

NPO has been the subject of several recent research reports. ValuEngine raised EnPro Industries from a sell rating to a hold rating in a research note on Friday, November 8th. Zacks Investment Research raised shares of EnPro Industries from a strong sell rating to a hold rating in a research note on Tuesday, February 18th. Finally, TheStreet lowered shares of EnPro Industries from a b rating to a c+ rating in a report on Tuesday, November 5th.

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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Earnings History and Estimates for EnPro Industries (NYSE:NPO)

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