EnPro Industries (NPO) Earning Somewhat Favorable Media Coverage, Analysis Finds

Headlines about EnPro Industries (NYSE:NPO) have been trending somewhat positive this week, according to Alpha One. The research firm, a unit of Accern, scores the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Alpha One ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. EnPro Industries earned a coverage optimism score of 0.04 on Alpha One’s scale. Alpha One also assigned press coverage about the industrial products company an impact score of 50 out of 100, indicating that recent press coverage is somewhat likely to have an effect on the company’s share price in the near term.

Insider Buying and Selling by Quarter for EnPro Industries (NYSE:NPO)

A number of research analysts have recently weighed in on NPO shares. Zacks Investment Research raised shares of EnPro Industries from a “hold” rating to a “buy” rating and set a $72.00 price objective for the company in a research note on Tuesday, February 21st. BidaskClub raised shares of EnPro Industries from a “sell” rating to a “hold” rating in a research note on Tuesday. Finally, Wunderlich started coverage on shares of EnPro Industries in a research note on Wednesday, March 22nd. They set a “buy” rating and a $85.00 price objective for the company.

Shares of EnPro Industries (NYSE NPO) traded down 0.26% during mid-day trading on Friday, reaching $70.36. 307,730 shares of the company were exchanged. EnPro Industries has a 12 month low of $42.56 and a 12 month high of $74.89. The company’s 50 day moving average price is $69.47 and its 200 day moving average price is $67.23. The firm has a market capitalization of $1.50 billion, a PE ratio of 115.53 and a beta of 1.04.

EnPro Industries (NYSE:NPO) last released its earnings results on Monday, May 1st. The industrial products company reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by $0.18. EnPro Industries had a return on equity of 9.43% and a net margin of 1.10%. The business had revenue of $295.80 million during the quarter, compared to the consensus estimate of $303.63 million. During the same quarter in the previous year, the firm earned ($2.15) earnings per share. The firm’s revenue for the quarter was up .3% compared to the same quarter last year. Equities analysts anticipate that EnPro Industries will post $1.57 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Thursday, June 15th. Stockholders of record on Thursday, June 1st were issued a dividend of $0.22 per share. The ex-dividend date of this dividend was Tuesday, May 30th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.25%. EnPro Industries’s dividend payout ratio is currently 144.26%.

In other news, VP Steven R. Bower purchased 1,000 shares of the business’s stock in a transaction dated Thursday, May 11th. The shares were acquired at an average price of $71.51 per share, for a total transaction of $71,510.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Susan E. Sweeney sold 686 shares of the business’s stock in a transaction that occurred on Friday, May 5th. The shares were sold at an average price of $72.87, for a total transaction of $49,988.82. Following the sale, the insider now owns 2,127 shares in the company, valued at approximately $154,994.49. The disclosure for this sale can be found here. 2.60% of the stock is owned by insiders.

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EnPro Industries Company Profile

EnPro Industries, Inc is engaged in the designing, developing, manufacturing and marketing engineered industrial products. It operates through three segments. The Sealing Products segment includes three operating divisions: Garlock, which designs, manufactures and sells sealing products; Technetics, which designs, manufactures and sells metal seals and elastomeric seals, among others, and Stemco LP (Stemco), which designs, manufactures and sells heavy-duty truck wheel-end components and systems.

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