Enpro (NYSE:NPO) Posts Quarterly Earnings Results, Beats Expectations By $0.33 EPS

Enpro (NYSE:NPO - Get Free Report) released its quarterly earnings results on Tuesday. The industrial products company reported $1.90 earnings per share for the quarter, beating analysts' consensus estimates of $1.57 by $0.33, Zacks reports. Enpro had a return on equity of 10.25% and a net margin of 6.95%. The company had revenue of $273.20 million for the quarter, compared to analysts' expectations of $266.23 million. During the same quarter in the previous year, the company posted $1.57 earnings per share. The business's revenue for the quarter was up 6.1% compared to the same quarter last year. Enpro updated its FY 2025 guidance to 7.000-7.700 EPS.

Enpro Stock Down 3.3 %

NYSE:NPO traded down $5.92 on Friday, hitting $174.34. 144,322 shares of the company's stock were exchanged, compared to its average volume of 112,236. Enpro has a 52 week low of $133.50 and a 52 week high of $214.58. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.59 and a quick ratio of 2.00. The company has a market cap of $3.67 billion, a P/E ratio of 50.39 and a beta of 1.51. The firm has a 50-day moving average price of $159.78 and a 200-day moving average price of $171.61.

Enpro Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Wednesday, June 4th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date is Wednesday, June 4th. Enpro's payout ratio is currently 35.84%.

Insiders Place Their Bets

In other news, CAO Steven R. Bower sold 997 shares of the company's stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $199.66, for a total transaction of $199,061.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.50% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on NPO. KeyCorp reduced their price target on Enpro from $230.00 to $190.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Sidoti upgraded Enpro to a "strong-buy" rating in a research note on Wednesday, April 23rd.

Enpro Company Profile

Enpro Inc design, develops, manufactures, and markets proprietary, value-added products and solutions to safeguard critical environments in the United States, Europe, and internationally. It operates through two segments, Sealing Technologies and Advanced Surface Technologies. The Sealing Technologies segment offers single-use hygienic seals, tubing, components and assemblies; metallic, non-metallic, and composite material gaskets; dynamic seals; compression packing; hydraulic components; expansion joints; and wall penetration products for chemical and petrochemical processing, pulp and paper processing, nuclear energy, hydrogen, natural gas, food and biopharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, commercial vehicle, aerospace, medical, filtration, and semiconductor fabrication industries.