EnPro Industries, Inc. (NYSE:NPO) has earned a consensus rating of “Buy” from the nine brokerages that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $95.20.
NPO has been the topic of a number of research reports. B. Riley set a $100.00 price objective on shares of EnPro Industries and gave the stock a “buy” rating in a research note on Tuesday, November 21st. KeyCorp upgraded shares of EnPro Industries from a “sector weight” rating to an “overweight” rating and set a $105.00 price objective on the stock in a research note on Friday, December 8th. Oppenheimer increased their price objective on shares of EnPro Industries from $85.00 to $100.00 and gave the stock an “outperform” rating in a research note on Thursday, December 14th. Zacks Investment Research upgraded shares of EnPro Industries from a “hold” rating to a “buy” rating and set a $105.00 price objective on the stock in a research note on Tuesday, January 2nd. Finally, ValuEngine upgraded shares of EnPro Industries from a “sell” rating to a “hold” rating in a research note on Wednesday, March 7th.
In other news, SVP Steven R. Bower purchased 1,000 shares of the stock in a transaction that occurred on Wednesday, February 28th. The shares were purchased at an average cost of $75.54 per share, with a total value of $75,540.00. Following the completion of the acquisition, the senior vice president now owns 1,118 shares of the company’s stock, valued at approximately $84,453.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.60% of the company’s stock.
Hedge funds and other institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC purchased a new stake in EnPro Industries during the third quarter worth $200,000. Cubist Systematic Strategies LLC boosted its holdings in EnPro Industries by 64.2% during the third quarter. Cubist Systematic Strategies LLC now owns 2,489 shares of the industrial products company’s stock worth $200,000 after buying an additional 973 shares in the last quarter. Meeder Asset Management Inc. purchased a new stake in EnPro Industries during the fourth quarter worth $210,000. LS Investment Advisors LLC boosted its holdings in EnPro Industries by 225.3% during the fourth quarter. LS Investment Advisors LLC now owns 2,388 shares of the industrial products company’s stock worth $223,000 after buying an additional 1,654 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC purchased a new stake in EnPro Industries during the third quarter worth $306,000. 92.80% of the stock is currently owned by hedge funds and other institutional investors.
EnPro Industries stock opened at $78.05 on Monday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.30 and a current ratio of 3.06. EnPro Industries has a 52 week low of $62.37 and a 52 week high of $94.79. The stock has a market cap of $1,685.33, a P/E ratio of 3.22, a price-to-earnings-growth ratio of 0.93 and a beta of 1.17.
EnPro Industries (NYSE:NPO) last released its quarterly earnings data on Tuesday, February 13th. The industrial products company reported $0.67 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.65 by $0.02. The firm had revenue of $362.50 million for the quarter, compared to analyst estimates of $348.10 million. EnPro Industries had a net margin of 40.39% and a return on equity of 8.02%. equities research analysts expect that EnPro Industries will post 3.76 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 21st. Stockholders of record on Wednesday, March 7th will be paid a $0.24 dividend. The ex-dividend date is Tuesday, March 6th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.23%. This is a positive change from EnPro Industries’s previous quarterly dividend of $0.22. EnPro Industries’s dividend payout ratio is presently 3.96%.
TRADEMARK VIOLATION WARNING: This piece was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece on another publication, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark legislation. The original version of this piece can be viewed at https://ledgergazette.com/2018/03/19/enpro-industries-inc-npo-given-consensus-recommendation-of-buy-by-analysts.html.
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.
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.