Equities analysts predict that EnPro Industries, Inc. (NYSE:NPO) will report sales of $376.80 million for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for EnPro Industries’ earnings, with the lowest sales estimate coming in at $369.40 million and the highest estimate coming in at $382.00 million. EnPro Industries reported sales of $343.70 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 9.6%. The firm is expected to announce its next quarterly earnings results after the market closes on Wednesday, October 31st.
According to Zacks, analysts expect that EnPro Industries will report full year sales of $1.52 billion for the current fiscal year, with estimates ranging from $1.51 billion to $1.52 billion. For the next financial year, analysts anticipate that the firm will report sales of $1.57 billion, with estimates ranging from $1.56 billion to $1.58 billion. Zacks’ sales calculations are an average based on a survey of sell-side research analysts that follow EnPro Industries.
EnPro Industries (NYSE:NPO) last posted its quarterly earnings data on Wednesday, August 1st. The industrial products company reported $0.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.37). EnPro Industries had a return on equity of 7.33% and a net margin of 36.50%. The company had revenue of $393.60 million for the quarter, compared to analysts’ expectations of $370.48 million. During the same quarter last year, the business posted $1.01 EPS. The business’s quarterly revenue was up 13.4% on a year-over-year basis.
In other EnPro Industries news, SVP Jon D. Rickers sold 500 shares of the stock in a transaction dated Thursday, August 23rd. The shares were sold at an average price of $75.63, for a total transaction of $37,815.00. Following the completion of the transaction, the senior vice president now owns 6,215 shares in the company, valued at $470,040.45. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.90% of the stock is owned by company insiders.
Hedge funds have recently added to or reduced their stakes in the company. Nisa Investment Advisors LLC boosted its position in shares of EnPro Industries by 61.5% in the second quarter. Nisa Investment Advisors LLC now owns 2,100 shares of the industrial products company’s stock valued at $147,000 after acquiring an additional 800 shares during the period. Point72 Hong Kong Ltd bought a new position in shares of EnPro Industries in the second quarter valued at approximately $159,000. Trilogy Capital Inc. bought a new position in shares of EnPro Industries in the second quarter valued at approximately $189,000. Cubist Systematic Strategies LLC bought a new position in shares of EnPro Industries in the second quarter valued at approximately $251,000. Finally, Ramsey Quantitative Systems bought a new position in shares of EnPro Industries in the second quarter valued at approximately $278,000. Institutional investors own 91.40% of the company’s stock.
NYSE NPO traded up $0.85 during trading hours on Tuesday, reaching $58.68. 1,592 shares of the company were exchanged, compared to its average volume of 122,580. EnPro Industries has a 1 year low of $57.30 and a 1 year high of $94.79. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.78 and a current ratio of 2.64. The company has a market capitalization of $1.24 billion, a PE ratio of 25.41, a price-to-earnings-growth ratio of 1.24 and a beta of 1.06.
About EnPro Industries
EnPro Industries, Inc designs, develops, manufactures, and markets engineered industrial products worldwide. The company's Sealing Products segment offers metallic, non-metallic, and composite material gaskets; dynamic seals; compression packings; resilient metal seals; elastomeric seals; hydraulic components; expansion joints; flange sealing and isolation products; pipeline casing spacers/isolators; casing end seals; modular sealing systems for sealing pipeline penetrations; hole forming products; manhole infiltration sealing systems; bellows and bellows assemblies; pedestals; custom-engineered mechanical seals; polytetrafluoroethylene products; and heavy-duty commercial vehicle parts.
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