EnPro Industries, Inc. (NYSE:NPO) Expected to Post Quarterly Sales of $384.35 Million

Share on StockTwits

Equities analysts expect EnPro Industries, Inc. (NYSE:NPO) to announce $384.35 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for EnPro Industries’ earnings. The lowest sales estimate is $382.70 million and the highest is $386.00 million. EnPro Industries posted sales of $388.20 million in the same quarter last year, which would indicate a negative year over year growth rate of 1%. The firm is scheduled to issue its next quarterly earnings results on Wednesday, October 30th.

On average, analysts expect that EnPro Industries will report full-year sales of $1.52 billion for the current financial year, with estimates ranging from $1.51 billion to $1.52 billion. For the next financial year, analysts expect that the firm will report sales of $1.58 billion, with estimates ranging from $1.57 billion to $1.61 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that that provide coverage for EnPro Industries.

EnPro Industries (NYSE:NPO) last posted its earnings results on Monday, July 29th. The industrial products company reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.32. EnPro Industries had a return on equity of 10.45% and a net margin of 2.58%. The business had revenue of $387.00 million during the quarter, compared to analyst estimates of $389.77 million. During the same quarter last year, the firm earned $0.75 earnings per share. The company’s revenue for the quarter was down 1.7% compared to the same quarter last year.

A number of equities research analysts have recently issued reports on the company. ValuEngine upgraded EnPro Industries from a “sell” rating to a “hold” rating in a research note on Friday, October 4th. Zacks Investment Research upgraded EnPro Industries from a “sell” rating to a “hold” rating in a research note on Tuesday, July 9th. Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. EnPro Industries presently has a consensus rating of “Buy” and a consensus target price of $81.00.

Shares of NPO stock traded up $3.16 during trading hours on Friday, reaching $66.91. The company had a trading volume of 5,836 shares, compared to its average volume of 121,898. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.65 and a current ratio of 2.52. EnPro Industries has a twelve month low of $55.43 and a twelve month high of $75.73. The company has a market capitalization of $1.31 billion, a P/E ratio of 17.13, a price-to-earnings-growth ratio of 1.02 and a beta of 1.84. The stock’s fifty day simple moving average is $65.56 and its 200 day simple moving average is $65.00.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 18th. Shareholders of record on Wednesday, September 4th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $1.00 dividend on an annualized basis and a yield of 1.49%. EnPro Industries’s dividend payout ratio (DPR) is presently 25.58%.

In other EnPro Industries news, Director Stephen E. Macadam sold 11,261 shares of the firm’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $67.26, for a total transaction of $757,414.86. Following the completion of the sale, the director now owns 227,388 shares in the company, valued at approximately $15,294,116.88. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Steven R. Bower acquired 1,700 shares of the stock in a transaction on Tuesday, August 6th. The shares were acquired at an average price of $63.92 per share, with a total value of $108,664.00. Following the purchase, the senior vice president now owns 3,190 shares in the company, valued at $203,904.80. The disclosure for this purchase can be found here. 2.20% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of NPO. NumerixS Investment Technologies Inc acquired a new position in shares of EnPro Industries in the 2nd quarter worth approximately $57,000. Bank of Montreal Can grew its position in shares of EnPro Industries by 204.5% in the 2nd quarter. Bank of Montreal Can now owns 2,549 shares of the industrial products company’s stock worth $162,000 after acquiring an additional 1,712 shares in the last quarter. Nisa Investment Advisors LLC grew 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 worth $192,000 after acquiring an additional 1,000 shares in the last quarter. Burney Co. acquired a new position in shares of EnPro Industries in the 1st quarter worth approximately $212,000. Finally, AJO LP acquired a new position in shares of EnPro Industries in the 1st quarter worth approximately $278,000. Hedge funds and other institutional investors own 92.36% of the company’s stock.

About EnPro Industries

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.

Featured Article: Gap Up Stocks

Get a free copy of the Zacks research report on EnPro Industries (NPO)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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

Receive News & Ratings for EnPro Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EnPro Industries and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2019 BBNS.