Media stories about EnPro Industries (NYSE:NPO) have trended somewhat positive on Friday, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. EnPro Industries earned a coverage optimism score of 0.07 on Accern’s scale. Accern also gave media headlines about the industrial products company an impact score of 48.4266146512279 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment’s analysis:
- EnPro Industries Comments on Exchange Offer for Its Unregistered 5.875% Senior Notes Due 2022 (finance.yahoo.com)
- EnPro Industries : Comments on Exchange Offer for Its Unregistered 5.875% Senior Notes Due 2022 (4-traders.com)
- $343.53 Million in Sales Expected for EnPro Industries (NPO) This Quarter (americanbankingnews.com)
- EnPro Industries (NPO) Given Consensus Recommendation of “Hold” by Brokerages (americanbankingnews.com)
EnPro Industries (NPO) opened at $81.99 on Friday. The company has a market cap of $1,744.23, a P/E ratio of 45.95, a P/E/G ratio of 2.15 and a beta of 1.17. EnPro Industries has a 12 month low of $59.03 and a 12 month high of $84.98. The company has a quick ratio of 1.59, a current ratio of 2.27 and a debt-to-equity ratio of 0.65.
EnPro Industries (NYSE:NPO) last issued its quarterly earnings data on Monday, October 30th. The industrial products company reported $0.73 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.16). The business had revenue of $343.70 million during the quarter, compared to the consensus estimate of $324.00 million. EnPro Industries had a return on equity of 7.92% and a net margin of 40.74%. The business’s quarterly revenue was up 17.4% on a year-over-year basis. During the same period last year, the firm earned $0.28 EPS. analysts forecast that EnPro Industries will post 2.51 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 20th. Investors of record on Wednesday, December 6th will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date is Tuesday, December 5th. EnPro Industries’s dividend payout ratio (DPR) is 3.82%.
EnPro Industries declared that its Board of Directors has approved a share repurchase program on Monday, October 30th that allows the company to repurchase $50.00 million in shares. This repurchase authorization allows the industrial products company to reacquire shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.
A number of analysts recently issued reports on NPO shares. Zacks Investment Research lowered EnPro Industries from a “hold” rating to a “strong sell” rating in a report on Thursday, August 3rd. TheStreet upgraded EnPro Industries from a “c+” rating to a “b-” rating in a report on Thursday, August 3rd. BidaskClub downgraded shares of EnPro Industries from a “hold” rating to a “sell” rating in a research note on Saturday, August 26th. FBR & Co reissued a “buy” rating and issued a $85.00 price objective on shares of EnPro Industries in a research note on Tuesday, September 12th. Finally, KeyCorp reissued a “hold” rating on shares of EnPro Industries in a research note on Friday, October 20th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $88.33.
In other news, insider Stephen E. Macadam sold 25,000 shares of the company’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $84.06, for a total transaction of $2,101,500.00. Following the transaction, the insider now directly owns 194,447 shares of the company’s stock, valued at $16,345,214.82. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 2.60% of the company’s stock.
About EnPro Industries
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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