EnPro Industries, Inc. (NYSE:NPO) has been assigned an average recommendation of "Buy" from the five research firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $63.67.
Several brokerages recently weighed in on NPO. Sidoti raised their price objective on shares of EnPro Industries from $56.00 to $63.00 and gave the stock a "buy" rating in a research note on Tuesday, June 23rd. Zacks Investment Research raised shares of EnPro Industries from a "hold" rating to a "strong-buy" rating and set a $63.00 price objective on the stock in a research note on Tuesday, August 11th.
Hedge funds have recently made changes to their positions in the business. Macquarie Group Ltd. purchased a new position in EnPro Industries in the 2nd quarter valued at $26,000. Advisor Group Holdings Inc. purchased a new position in EnPro Industries in the 1st quarter valued at $35,000. Point72 Hong Kong Ltd raised its holdings in shares of EnPro Industries by 958.2% during the 2nd quarter. Point72 Hong Kong Ltd now owns 1,418 shares of the industrial products company's stock worth $70,000 after acquiring an additional 1,284 shares during the period. Nisa Investment Advisors LLC raised its holdings in shares of EnPro Industries by 14.7% during the 2nd quarter. Nisa Investment Advisors LLC now owns 1,950 shares of the industrial products company's stock worth $96,000 after acquiring an additional 250 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of EnPro Industries by 161.1% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,055 shares of the industrial products company's stock worth $151,000 after acquiring an additional 1,885 shares during the period. Institutional investors own 93.67% of the company's stock.
Shares of EnPro Industries stock opened at $60.36 on Friday. The firm has a market capitalization of $1.24 billion, a P/E ratio of 5.84, a PEG ratio of 2.77 and a beta of 1.67. The company has a quick ratio of 2.43, a current ratio of 3.02 and a debt-to-equity ratio of 0.45. The company has a 50 day moving average price of $57.74 and a 200 day moving average price of $49.45. EnPro Industries has a 52 week low of $30.04 and a 52 week high of $72.38.
EnPro Industries (NYSE:NPO) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $0.54 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.08 by $0.46. The firm had revenue of $247.00 million during the quarter, compared to analyst estimates of $224.60 million. EnPro Industries had a net margin of 17.95% and a return on equity of 6.04%. As a group, research analysts anticipate that EnPro Industries will post 1.61 earnings per share for the current fiscal year.
About EnPro Industries
EnPro Industries, Inc designs, develops, manufactures, and markets engineered industrial products worldwide. The company operates in two segments, Sealing Products and Engineered Products. The Sealing Products segment offers metallic, non-metallic, and composite material gaskets; dynamic seals; compression packing products; hydraulic components; expansion joints; flange sealing and isolation products; pipeline casing spacers/isolators; casing end seals; and modular sealing systems for sealing pipeline penetrations for the use in chemical and petrochemical processing, petroleum extraction and refining, pulp and paper processing, power generation, food and pharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, heavy-duty trucking, aerospace, medical, filtration, and semiconductor fabrication industries.
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View the "The Next 5 Retailers on the Edge of Bankruptcy".