Zacks: Analysts Expect EnPro Industries, Inc. (NYSE:NPO) to Announce $1.60 Earnings Per Share

Equities analysts predict that EnPro Industries, Inc. (NYSE:NPOGet Rating) will announce earnings of $1.60 per share for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for EnPro Industries’ earnings, with the highest EPS estimate coming in at $1.67 and the lowest estimate coming in at $1.53. EnPro Industries posted earnings per share of $1.37 in the same quarter last year, which indicates a positive year over year growth rate of 16.8%. The company is scheduled to announce its next quarterly earnings results before the market opens on Monday, January 1st.

On average, analysts expect that EnPro Industries will report full-year earnings of $7.27 per share for the current fiscal year, with EPS estimates ranging from $7.20 to $7.34. For the next fiscal year, analysts forecast that the company will post earnings of $8.15 per share, with EPS estimates ranging from $8.05 to $8.25. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that cover EnPro Industries.

EnPro Industries (NYSE:NPOGet Rating) last released its quarterly earnings results on Tuesday, February 22nd. The industrial products company reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.08. The business had revenue of $280.80 million for the quarter, compared to the consensus estimate of $253.77 million. EnPro Industries had a net margin of 15.52% and a return on equity of 10.01%. EnPro Industries’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.24 EPS.

NPO has been the topic of a number of research analyst reports. StockNews.com began coverage on shares of EnPro Industries in a research note on Thursday, March 31st. They issued a “buy” rating on the stock. Zacks Investment Research raised shares of EnPro Industries from a “strong sell” rating to a “hold” rating in a report on Thursday, January 20th. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $121.67.

NYSE:NPO opened at $97.93 on Friday. EnPro Industries has a 1 year low of $79.80 and a 1 year high of $117.63. The firm’s fifty day simple moving average is $102.83 and its 200 day simple moving average is $102.96. The company has a current ratio of 1.88, a quick ratio of 1.46 and a debt-to-equity ratio of 0.76. The firm has a market capitalization of $2.05 billion, a PE ratio of 11.48 and a beta of 1.43.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 16th. Stockholders of record on Wednesday, March 2nd were issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.14%. This is an increase from EnPro Industries’s previous quarterly dividend of $0.27. The ex-dividend date was Tuesday, March 1st. EnPro Industries’s dividend payout ratio (DPR) is presently 13.13%.

In other EnPro Industries news, CAO Steven R. Bower sold 1,308 shares of the business’s stock in a transaction dated Friday, March 4th. The shares were sold at an average price of $106.29, for a total value of $139,027.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO John M. Childress II sold 10,000 shares of the business’s stock in a transaction dated Wednesday, March 2nd. The stock was sold at an average price of $107.61, for a total transaction of $1,076,100.00. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by company insiders.

Large investors have recently modified their holdings of the company. Lazard Asset Management LLC acquired a new stake in shares of EnPro Industries during the 4th quarter worth approximately $54,000. Alpha Paradigm Partners LLC acquired a new stake in shares of EnPro Industries during the 4th quarter worth approximately $69,000. KBC Group NV acquired a new stake in shares of EnPro Industries during the 3rd quarter worth approximately $60,000. Advisor Group Holdings Inc. grew its position in shares of EnPro Industries by 8.4% during the 4th quarter. Advisor Group Holdings Inc. now owns 1,250 shares of the industrial products company’s stock worth $138,000 after buying an additional 97 shares during the period. Finally, Crossmark Global Holdings Inc. acquired a new stake in shares of EnPro Industries during the 4th quarter worth approximately $200,000. Institutional investors own 95.14% of the company’s stock.

About EnPro Industries (Get Rating)

EnPro Industries, Inc engages in the design, development, manufacture, marketing, and service of engineered industrial products in the United States, Europe, and internationally. It operates through three segments: Sealing Technologies, Advanced Surface Technologies, and Engineered Materials. The Sealing Technologies segment offers single-use hygienic seals, tubing, components and assemblies; metallic, non-metallic, and composite material gaskets; compression packing products; hydraulic components; expansion joints; wall penetration products; and dynamic, flange, resilient metal, elastomeric, and custom-engineered mechanical seals for chemical and petrochemical processing, pulp and paper processing, power generation, food and pharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, heavy-duty trucking, aerospace, medical, filtration, and semiconductor fabrication industries.

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