QQQ   284.41 (+0.21%)
AAPL   117.51 (+1.32%)
MSFT   214.65 (+0.20%)
FB   267.56 (+2.36%)
GOOGL   1,551.08 (+1.38%)
AMZN   3,217.01 (+0.31%)
TSLA   421.94 (-2.06%)
NVDA   545.82 (+1.09%)
BABA   309.81 (+1.48%)
CGC   18.88 (-4.69%)
GE   7.34 (+0.69%)
MU   53.53 (+1.71%)
AMD   81.56 (-0.54%)
T   26.76 (-0.45%)
F   7.74 (+1.98%)
ACB   4.56 (-3.18%)
GILD   60.55 (-0.03%)
NFLX   525.42 (-1.00%)
BA   167.24 (+0.08%)
BAC   24.14 (+1.77%)
DIS   124.95 (+0.58%)
QQQ   284.41 (+0.21%)
AAPL   117.51 (+1.32%)
MSFT   214.65 (+0.20%)
FB   267.56 (+2.36%)
GOOGL   1,551.08 (+1.38%)
AMZN   3,217.01 (+0.31%)
TSLA   421.94 (-2.06%)
NVDA   545.82 (+1.09%)
BABA   309.81 (+1.48%)
CGC   18.88 (-4.69%)
GE   7.34 (+0.69%)
MU   53.53 (+1.71%)
AMD   81.56 (-0.54%)
T   26.76 (-0.45%)
F   7.74 (+1.98%)
ACB   4.56 (-3.18%)
GILD   60.55 (-0.03%)
NFLX   525.42 (-1.00%)
BA   167.24 (+0.08%)
BAC   24.14 (+1.77%)
DIS   124.95 (+0.58%)
QQQ   284.41 (+0.21%)
AAPL   117.51 (+1.32%)
MSFT   214.65 (+0.20%)
FB   267.56 (+2.36%)
GOOGL   1,551.08 (+1.38%)
AMZN   3,217.01 (+0.31%)
TSLA   421.94 (-2.06%)
NVDA   545.82 (+1.09%)
BABA   309.81 (+1.48%)
CGC   18.88 (-4.69%)
GE   7.34 (+0.69%)
MU   53.53 (+1.71%)
AMD   81.56 (-0.54%)
T   26.76 (-0.45%)
F   7.74 (+1.98%)
ACB   4.56 (-3.18%)
GILD   60.55 (-0.03%)
NFLX   525.42 (-1.00%)
BA   167.24 (+0.08%)
BAC   24.14 (+1.77%)
DIS   124.95 (+0.58%)
QQQ   284.41 (+0.21%)
AAPL   117.51 (+1.32%)
MSFT   214.65 (+0.20%)
FB   267.56 (+2.36%)
GOOGL   1,551.08 (+1.38%)
AMZN   3,217.01 (+0.31%)
TSLA   421.94 (-2.06%)
NVDA   545.82 (+1.09%)
BABA   309.81 (+1.48%)
CGC   18.88 (-4.69%)
GE   7.34 (+0.69%)
MU   53.53 (+1.71%)
AMD   81.56 (-0.54%)
T   26.76 (-0.45%)
F   7.74 (+1.98%)
ACB   4.56 (-3.18%)
GILD   60.55 (-0.03%)
NFLX   525.42 (-1.00%)
BA   167.24 (+0.08%)
BAC   24.14 (+1.77%)
DIS   124.95 (+0.58%)
Log in

EnPro Industries, Inc. (NYSE:NPO) Given Consensus Recommendation of "Buy" by Brokerages

Last updated on Sunday, October 18, 2020 | 2020 MarketBeat

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.

Featured Article: Channel Trading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]

The Next 5 Retailers on the Edge of Bankruptcy

Through no fault of theirs, the novel coronavirus has put some retailers on the edge of bankruptcy. And as you’ve seen, many have fallen over that edge including iconic names like Nieman Marcus, J.C. Penney and J.Crew.

In fact, according to the American Bankruptcy Institute, there were 560 commercial Chapter 11 filings in April. That was a 26% increase over last year. And executive director, Amy Quakenboss, suggests that there are more to come.

“As financial challenges continue to escalate amid this crisis,” observes Quakenboss, “bankruptcy is sure to offer a financial safe harbor from the economic storm.”

With no revenue walking through the door, many retailers are seeing a semblance of revenue from e-commerce sales. But for some retailers, the shutdown is more impactful because they didn’t have a strong e-commerce structure. That means that they rely more than others on brick-and-mortar sales.

The real question now is will there really be the pent-up demand that some analysts still swear is just waiting to be unleashed. It may indeed exist. Time will tell. But time is not a commodity many of these retailers have. And we’ve identified five retailers for which the clock is not in their favor.

View the "The Next 5 Retailers on the Edge of Bankruptcy".

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.