News stories about EnPro Industries (NYSE:NPO) have trended somewhat positive this week, according to Alpha One Sentiment. Alpha One, a unit of Accern, scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. EnPro Industries earned a media sentiment score of 0.13 on Alpha One’s scale. Alpha One also assigned media stories about the industrial products company an impact score of 54 out of 100, indicating that recent press coverage is somewhat likely to have an impact on the company’s share price in the next few days.
These are some of the news articles that may have effected AlphaOne Sentiment’s scoring:
EnPro Industries (NYSE:NPO) traded up 0.72% during mid-day trading on Friday, hitting $72.97. The stock had a trading volume of 105,453 shares. EnPro Industries has a 12-month low of $42.56 and a 12-month high of $74.89. The firm’s market cap is $1.55 billion. The stock has a 50-day moving average price of $67.93 and a 200 day moving average price of $64.71.
EnPro Industries (NYSE:NPO) last released its quarterly earnings data on Monday, May 1st. The industrial products company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.62 by $0.18. EnPro Industries had a negative net margin of 2.50% and a positive return on equity of 7.81%. The firm earned $295.80 million during the quarter, compared to analysts’ expectations of $303.63 million. During the same period in the previous year, the business earned ($2.15) earnings per share. The business’s revenue for the quarter was up .3% on a year-over-year basis. Equities analysts anticipate that EnPro Industries will post $2.45 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 15th. Investors of record on Thursday, June 1st will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 1.21%. EnPro Industries’s payout ratio is currently -60.00%.
A number of analysts have recently commented on the company. Wunderlich assumed coverage on EnPro Industries in a research report on Wednesday, March 22nd. They issued a “buy” rating and a $85.00 price objective for the company. Zacks Investment Research cut EnPro Industries from a “buy” rating to a “hold” rating in a research report on Tuesday, January 10th.
In related news, insider Stephen E. Macadam sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 22nd. The stock was sold at an average price of $65.12, for a total value of $1,302,400.00. Following the completion of the transaction, the insider now directly owns 249,447 shares of the company’s stock, valued at approximately $16,243,988.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Stephen E. Macadam sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 1st. The shares were sold at an average price of $67.00, for a total value of $670,000.00. Following the completion of the transaction, the insider now directly owns 219,447 shares of the company’s stock, valued at $14,702,949. The disclosure for this sale can be found here. Company insiders own 2.60% of the company’s stock.
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.