Several other research firms have also recently commented on NPO. BidaskClub raised shares of EnPro Industries from a “hold” rating to a “buy” rating in a research note on Saturday, July 8th. Zacks Investment Research raised shares of EnPro Industries from a “sell” rating to a “hold” rating in a research note on Saturday, May 6th. Finally, Wunderlich assumed coverage on shares of EnPro Industries in a research note on Wednesday, March 22nd. They set a “buy” rating and a $85.00 price target on the stock.
EnPro Industries (NYSE:NPO) – Investment analysts at FBR & Co issued their FY2018 EPS estimates for EnPro Industries in a research note issued to investors on Tuesday. FBR & Co analyst L. Burke forecasts that the industrial products company will earn $2.39 per share for the year. FBR & Co has a “Outperform” rating on the stock.
Shares of EnPro Industries (NYSE:NPO) opened at 73.39 on Friday. EnPro Industries has a 52-week low of $43.19 and a 52-week high of $74.89. The firm has a market capitalization of $1.57 billion, a P/E ratio of 120.51 and a beta of 1.08. The firm has a 50-day moving average price of $69.16 and a 200-day moving average price of $67.71.
EnPro Industries (NYSE:NPO) last released its earnings results on Monday, May 1st. The industrial products company reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by $0.18. The firm had revenue of $295.80 million during the quarter, compared to analyst estimates of $303.63 million. EnPro Industries had a return on equity of 9.43% and a net margin of 1.10%. The business’s revenue for the quarter was up .3% on a year-over-year basis. During the same quarter last year, the company earned ($2.15) earnings per share.
In other EnPro Industries news, insider Stephen E. Macadam sold 15,000 shares of the firm’s stock in a transaction that occurred 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 directly owns 234,447 shares of the company’s stock, valued at $16,929,417.87. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Steven R. Bower acquired 1,000 shares of EnPro Industries stock in a transaction on Thursday, May 11th. The stock was acquired at an average cost 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 currently owned by company insiders.
A number of institutional investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio raised its stake in EnPro Industries by 5.0% in the first quarter. Public Employees Retirement System of Ohio now owns 1,483 shares of the industrial products company’s stock valued at $106,000 after buying an additional 71 shares during the last quarter. Ameritas Investment Partners Inc. bought a new stake in EnPro Industries during the first quarter valued at $125,000. State of Alaska Department of Revenue raised its stake in EnPro Industries by 1.3% in the first quarter. State of Alaska Department of Revenue now owns 2,360 shares of the industrial products company’s stock worth $167,000 after buying an additional 30 shares during the last quarter. Amalgamated Bank acquired a new stake in EnPro Industries during the first quarter worth $203,000. Finally, TFS Capital LLC acquired a new stake in EnPro Industries during the first quarter worth $274,000. 94.48% of the stock is currently owned by hedge funds and other institutional investors.
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.