Enpro (NPO) Scheduled to Post Quarterly Earnings on Tuesday

Enpro (NYSE:NPO) is set to release its earnings data before the market opens on Tuesday, May 7th. Analysts expect Enpro to post earnings of $1.54 per share for the quarter. Enpro has set its FY 2024 guidance at 7.000-7.800 EPS and its FY24 guidance at $7.00-7.80 EPS.Parties that are interested in registering for the company’s conference call can do so using this link.

Enpro (NYSE:NPO) last announced its earnings results on Tuesday, February 20th. The industrial products company reported $1.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.28). Enpro had a net margin of 2.10% and a return on equity of 9.67%. The business had revenue of $241.90 million during the quarter, compared to the consensus estimate of $264.10 million. During the same period in the previous year, the firm posted $1.47 EPS. The company’s revenue was down 11.0% compared to the same quarter last year. On average, analysts expect Enpro to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Enpro Price Performance

NYSE:NPO opened at $152.00 on Friday. Enpro has a 52 week low of $93.23 and a 52 week high of $170.63. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.59 and a current ratio of 3.31. The firm’s 50-day simple moving average is $157.45 and its 200 day simple moving average is $146.64. The firm has a market cap of $3.18 billion, a price-to-earnings ratio of 143.40 and a beta of 1.55.

Enpro Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Wednesday, June 5th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, June 5th. This represents a $1.20 annualized dividend and a dividend yield of 0.79%. Enpro’s dividend payout ratio is presently 113.21%.

Analyst Ratings Changes

Separately, TheStreet raised Enpro from a “c+” rating to a “b-” rating in a research report on Thursday, February 1st.

Insider Buying and Selling

In other Enpro news, CAO Robert Savage Mclean sold 6,400 shares of the stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $158.32, for a total transaction of $1,013,248.00. Following the sale, the chief accounting officer now directly owns 28,961 shares in the company, valued at $4,585,105.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, CAO Robert Savage Mclean sold 6,400 shares of the business’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $158.32, for a total value of $1,013,248.00. Following the completion of the transaction, the chief accounting officer now directly owns 28,961 shares in the company, valued at approximately $4,585,105.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Der Graaf Kees Van sold 1,200 shares of the stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of $160.01, for a total transaction of $192,012.00. The disclosure for this sale can be found here. 1.60% of the stock is owned by company insiders.

Enpro Company Profile

Enpro Inc design, develops, manufactures, and markets proprietary, value-added products and solutions to safeguard critical environments in the United States, Europe, and internationally. It operates through two segments, Sealing Technologies and Advanced Surface Technologies. The Sealing Technologies segment offers single-use hygienic seals, tubing, components and assemblies; metallic, non-metallic, and composite material gaskets; dynamic seals; compression packing; hydraulic components; expansion joints; and wall penetration products for chemical and petrochemical processing, pulp and paper processing, nuclear energy, hydrogen, natural gas, food and biopharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, commercial vehicle, aerospace, medical, filtration, and semiconductor fabrication industries.