News headlines about EnPro Industries (NYSE:NPO) have been trending somewhat positive on Monday, according to Accern Sentiment. Accern rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. EnPro Industries earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 46.6530267244355 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Several research analysts recently issued reports on the company. Zacks Investment Research raised EnPro Industries from a “sell” rating to a “hold” rating in a research report on Friday, May 26th. BidaskClub raised EnPro Industries from a “sell” rating to a “hold” rating in a research report on Tuesday, June 13th. FBR & Co reissued an “outperform” rating on shares of EnPro Industries in a report on Tuesday, July 11th. Finally, TheStreet raised EnPro Industries from a “c+” rating to a “b-” rating in a report on Thursday, August 3rd. One analyst has rated the stock with a sell rating, two have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $82.50.
Shares of EnPro Industries (NYSE NPO) traded up 0.66% on Monday, hitting $70.42. The stock had a trading volume of 55,240 shares. EnPro Industries has a 12-month low of $52.00 and a 12-month high of $77.65. The company has a market cap of $1.50 billion, a price-to-earnings ratio of 82.46 and a beta of 1.10. The stock has a 50 day moving average price of $71.56 and a 200-day moving average price of $69.45.
EnPro Industries (NYSE:NPO) last posted its earnings results on Monday, July 31st. The industrial products company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.81 by $0.35. EnPro Industries had a net margin of 1.56% and a return on equity of 8.71%. The company had revenue of $347 million during the quarter, compared to analysts’ expectations of $347.13 million. During the same period in the previous year, the company posted $0.17 EPS. EnPro Industries’s quarterly revenue was up 10.8% compared to the same quarter last year. On average, equities analysts expect that EnPro Industries will post $2.61 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 20th. Investors of record on Wednesday, September 6th will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date of this dividend is Friday, September 1st. EnPro Industries’s payout ratio is currently 103.53%.
In related news, insider Stephen E. Macadam sold 26,318 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $74.08, for a total value of $1,949,637.44. Following the sale, the insider now owns 245,765 shares of the company’s stock, valued at approximately $18,206,271.20. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Todd L. Anderson sold 2,148 shares of the company’s stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $72.67, for a total value of $156,095.16. Following the completion of the sale, the insider now directly owns 9,000 shares in the company, valued at approximately $654,030. The disclosure for this sale can be found here. 2.60% of the stock is currently owned by corporate 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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