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Enpro (NYSE:NPO) Stock Price Target Raised at JPMorgan Chase & Co.

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Key Points

  • JPMorgan raised its Enpro price target from $430 to $440 and maintained an Overweight rating, implying 59% upside from the prior close. Analysts’ consensus rating is Moderate Buy, with an average target of $365.
  • Enpro’s latest quarter beat expectations: EPS was $2.66 versus $2.42 expected, and revenue reached $350.8 million, up 22.4% year over year. The company also raised its full-year outlook, projecting 2026 revenue of $1.33 billion to $1.34 billion.
  • Enpro shares fell 3% on Wednesday to $276.68, despite the positive earnings and guidance news.
  • MarketBeat previews the top five stocks to own by December 1st.

Enpro (NYSE:NPO - Get Free Report) had its target price boosted by analysts at JPMorgan Chase & Co. from $430.00 to $440.00 in a research report issued on Wednesday, Benzinga reports. The brokerage currently has an "overweight" rating on the industrial products company's stock. JPMorgan Chase & Co.'s price objective would suggest a potential upside of 59.03% from the stock's previous close.

Several other brokerages have also issued reports on NPO. KeyCorp lifted their price target on Enpro from $345.00 to $370.00 and gave the company an "overweight" rating in a report on Monday, July 13th. Weiss Ratings lowered shares of Enpro from a "hold (c+)" rating to a "hold (c)" rating in a research report on Wednesday, August 12th. Wall Street Zen cut shares of Enpro from a "buy" rating to a "hold" rating in a research note on Sunday, September 6th. Finally, Zacks Research downgraded shares of Enpro from a "strong-buy" rating to a "hold" rating in a research report on Friday, September 18th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $365.00.

Get Our Latest Stock Report on Enpro

Enpro Stock Down 3.0%

Shares of NYSE:NPO traded down $8.59 during trading on Wednesday, reaching $276.68. 190,405 shares of the company traded hands, compared to its average volume of 223,429. The firm has a fifty day simple moving average of $296.80 and a 200 day simple moving average of $296.19. The company has a quick ratio of 1.43, a current ratio of 2.28 and a debt-to-equity ratio of 0.36. Enpro has a 1-year low of $202.00 and a 1-year high of $390.42. The firm has a market cap of $5.86 billion, a P/E ratio of 135.20, a price-to-earnings-growth ratio of 1.87 and a beta of 1.64.

Enpro (NYSE:NPO - Get Free Report) last announced its quarterly earnings data on Tuesday, November 3rd. The industrial products company reported $2.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.42 by $0.24. Enpro had a return on equity of 11.83% and a net margin of 3.60%. The business had revenue of $350.80 million during the quarter, compared to analyst estimates of $334.04 million. During the same period last year, the company earned $1.01 earnings per share. Enpro's quarterly revenue was up 22.4% compared to the same quarter last year. Analysts anticipate that Enpro will post 9.59 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Enpro

Several hedge funds and other institutional investors have recently made changes to their positions in NPO. StoneRidge PMG Advisors LLC bought a new stake in Enpro in the third quarter valued at about $204,000. Ethic Inc. raised its position in Enpro by 40.7% in the third quarter. Ethic Inc. now owns 3,171 shares of the industrial products company's stock worth $971,000 after purchasing an additional 917 shares in the last quarter. Pictet Asset Management Holding SA lifted its stake in Enpro by 7.4% during the third quarter. Pictet Asset Management Holding SA now owns 3,311 shares of the industrial products company's stock worth $1,014,000 after purchasing an additional 229 shares during the period. Parallel Advisors LLC boosted its holdings in Enpro by 65.7% during the third quarter. Parallel Advisors LLC now owns 174 shares of the industrial products company's stock valued at $53,000 after purchasing an additional 69 shares in the last quarter. Finally, Kestra Advisory Services LLC boosted its holdings in Enpro by 13.1% during the third quarter. Kestra Advisory Services LLC now owns 958 shares of the industrial products company's stock valued at $294,000 after purchasing an additional 111 shares in the last quarter. 98.31% of the stock is owned by institutional investors and hedge funds.

Enpro News Summary

Here are the key news stories impacting Enpro this week:

Enpro Company Profile

(Get Free Report)

Enpro Inc NYSE: NPO is an industrial technology company that designs and manufactures engineered products for demanding applications. Its offerings are used in industries including semiconductor manufacturing, aerospace, power generation, chemical processing, oil and gas, and general industrial markets, where reliability, precision, and resistance to heat, pressure, and corrosive environments are important.

Enpro operates through businesses focused on sealing technologies and advanced surface technologies.

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Analyst Recommendations for Enpro (NYSE:NPO)

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