EnPro Industries (NPO) Given Daily Media Sentiment Score of 0.08
Press coverage about EnPro Industries (NYSE:NPO) has been trending somewhat positive on Wednesday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. EnPro Industries earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 46.7048546058059 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of EnPro Industries (NYSE NPO) opened at $87.25 on Wednesday. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.27 and a quick ratio of 1.59. The firm has a market cap of $1,870.00, a PE ratio of 48.68, a price-to-earnings-growth ratio of 2.27 and a beta of 1.18. EnPro Industries has a 1 year low of $61.36 and a 1 year high of $89.58.
EnPro Industries (NYSE:NPO) last posted its quarterly earnings data on Monday, October 30th. The industrial products company reported $0.73 earnings per share for the quarter, missing the consensus estimate of $0.89 by ($0.16). The company had revenue of $343.70 million during the quarter, compared to analyst estimates of $324.00 million. EnPro Industries had a net margin of 40.74% and a return on equity of 7.92%. The company’s revenue was up 17.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.28 EPS. equities research analysts forecast that EnPro Industries will post 2.51 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Wednesday, December 6th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 1.01%. The ex-dividend date is Tuesday, December 5th. EnPro Industries’s dividend payout ratio (DPR) is presently 3.82%.
EnPro Industries declared that its Board of Directors has initiated a stock repurchase plan on Monday, October 30th that allows the company to repurchase $50.00 million in outstanding shares. This repurchase authorization allows the industrial products company to buy shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its shares are undervalued.
NPO has been the subject of several research reports. Zacks Investment Research cut shares of EnPro Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, November 3rd. B. Riley set a $100.00 price objective on shares of EnPro Industries and gave the company a “buy” rating in a research report on Tuesday, November 21st. KeyCorp restated a “hold” rating on shares of EnPro Industries in a research report on Friday, October 20th. FBR & Co restated a “buy” rating and issued a $85.00 price objective on shares of EnPro Industries in a research report on Tuesday, September 12th. Finally, BidaskClub cut shares of EnPro Industries from a “hold” rating to a “sell” rating in a research report on Saturday, August 26th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $91.25.
In other news, insider Stephen E. Macadam sold 25,000 shares of the firm’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $84.06, for a total value of $2,101,500.00. Following the transaction, the insider now owns 194,447 shares of the company’s stock, valued at approximately $16,345,214.82. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.60% of the stock is currently owned by company insiders.
COPYRIGHT VIOLATION NOTICE: “EnPro Industries (NPO) Given Daily Media Sentiment Score of 0.08” was originally reported by Watch List News and is the sole property of of Watch List News. If you are reading this report on another site, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this report can be viewed at https://www.watchlistnews.com/enpro-industries-npo-given-daily-media-sentiment-score-of-0-08/1746460.html.
About EnPro Industries
EnPro Industries, Inc is engaged in the designing, developing, manufacturing and marketing engineered industrial products. It operates through three segments. The Sealing Products segment includes three operating divisions: Garlock, which designs, manufactures and sells sealing products; Technetics, which designs, manufactures and sells metal seals and elastomeric seals, among others, and Stemco LP (Stemco), which designs, manufactures and sells heavy-duty truck wheel-end components and systems.
Receive News & Ratings for EnPro Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EnPro Industries and related companies with Analyst Ratings Network's FREE daily email newsletter.