The EnPro Industries (NPO) Earning Somewhat Favorable Media Coverage, Study Finds

The EnPro Industries (NPO) Earning Somewhat Favorable Media Coverage, Study Finds

These are some of the news headlines that may have impacted Alpha One’s scoring:

News headlines about EnPro Industries (NYSE:NPO) have been trending somewhat positive this week, AlphaOne Sentiment reports. The research firm, a subsidiary of Accern, ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. EnPro Industries earned a news sentiment score of 0.13 on AlphaOne’s scale. AlphaOne also gave press coverage about the industrial products company an impact score of 54 out of 100, indicating that recent press coverage is somewhat likely to have an effect on the stock’s share price in the next few days.

Shares of EnPro Industries (NPO) opened at 67.87 on Monday. The company has a market capitalization of $1.45 billion, a price-to-earnings ratio of 111.44 and a beta of 1.15. The stock has a 50 day moving average price of $68.82 and a 200 day moving average price of $66.57. EnPro Industries has a 1-year low of $42.56 and a 1-year high of $74.89. EnPro Industries (NYSE:NPO) last announced its quarterly earnings results on Monday, May 1st. The industrial products company reported $0.44 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.62 by $0.18. The company had revenue of $295.80 million during the quarter, compared to analyst estimates of $303.63 million. EnPro Industries had a negative net margin of 2.50% and a positive return on equity of 7.81%. The firm’s revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter last year, the business earned ($2.15) EPS. On average, equities analysts anticipate that EnPro Industries will post $1.57 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 15th. Shareholders of record on Thursday, June 1st will be issued a $0.22 dividend. The ex-dividend date of this dividend is Tuesday, May 30th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.30%. EnPro Industries’s dividend payout ratio (DPR) is presently -60.00%. A number of analysts have commented on NPO shares. Zacks Investment Research cut EnPro Industries from a “hold” rating to a “strong sell” rating in a research report on Saturday, April 8th. Wunderlich assumed coverage on EnPro Industries in a research note on Wednesday, March 22nd. They set a “buy” rating and a $85.00 price target for the company.

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 15th. Shareholders of record on Thursday, June 1st will be issued a $0.22 dividend. The ex-dividend date of this dividend is Tuesday, May 30th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.30%. EnPro Industries’s dividend payout ratio (DPR) is presently -60.00%. In other EnPro Industries news, insider Stephen E. Macadam sold 15,000 shares of EnPro Industries stock in a transaction on Thursday, May 4th. The shares were sold at an average price of $72.21, for a total value of $1,083,150.00. Following the transaction, the insider now owns 234,447 shares in the company, valued at approximately $16,929,417.87. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Steven R. Bower bought 1,000 shares of EnPro Industries stock in a transaction that occurred on Thursday, May 11th. The shares were acquired at an average price of $71.51 per share, for a total transaction of $71,510.00. The disclosure for this purchase can be found here. 2.60% of the stock is owned by company insiders.

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NPO”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Receive News & Ratings for EnPro Industries Inc. Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for EnPro Industries Inc. and related companies with MarketBeat.com’s FREE daily email newsletter.

Related posts

Leave a Comment