EnPro Industries, Inc. to Post FY2022 Earnings of $6.90 Per Share, KeyCorp Forecasts (NYSE:NPO) - MarketBeat

2022-10-10 20:51:44 By : Mr. Andy Yang

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EnPro Industries, Inc. (NYSE:NPO - Get Rating) - Equities researchers at KeyCorp lowered their FY2022 earnings per share (EPS) estimates for EnPro Industries in a research report issued on Tuesday, September 27th. KeyCorp analyst J. Hammond now expects that the industrial products company will post earnings per share of $6.90 for the year, down from their prior forecast of $7.30. KeyCorp has a "Overweight" rating and a $122.00 price objective on the stock. The consensus estimate for EnPro Industries' current full-year earnings is $7.24 per share. KeyCorp also issued estimates for EnPro Industries' FY2023 earnings at $7.30 EPS.

EnPro Industries (NYSE:NPO - Get Rating) last issued its earnings results on Tuesday, August 2nd. The industrial products company reported $2.32 EPS for the quarter, topping the consensus estimate of $1.81 by $0.51. EnPro Industries had a return on equity of 11.42% and a net margin of 14.62%. The company had revenue of $333.30 million during the quarter, compared to the consensus estimate of $325.57 million. During the same period in the previous year, the company posted $1.56 EPS. The firm's revenue for the quarter was up 11.6% compared to the same quarter last year. EnPro Industries Stock Performance

Shares of NYSE NPO opened at $84.98 on Friday. The company has a current ratio of 1.91, a quick ratio of 1.40 and a debt-to-equity ratio of 0.69. EnPro Industries has a 12 month low of $76.14 and a 12 month high of $117.63. The stock has a 50 day moving average of $93.70 and a 200-day moving average of $93.13. The company has a market capitalization of $1.77 billion, a P/E ratio of 9.87 and a beta of 1.38. Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. UMB Bank N A MO bought a new position in shares of EnPro Industries during the 1st quarter worth approximately $27,000. Lazard Asset Management LLC acquired a new stake in EnPro Industries during the 2nd quarter worth approximately $28,000. First Horizon Advisors Inc. acquired a new stake in EnPro Industries during the 2nd quarter worth approximately $37,000. UMB Bank n.a. lifted its holdings in EnPro Industries by 82.6% during the 2nd quarter. UMB Bank n.a. now owns 513 shares of the industrial products company's stock worth $42,000 after purchasing an additional 232 shares during the last quarter. Finally, Point72 Hong Kong Ltd acquired a new stake in EnPro Industries during the 2nd quarter worth approximately $63,000. 94.55% of the stock is currently owned by institutional investors. EnPro Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 14th. Stockholders of record on Wednesday, August 31st were paid a dividend of $0.28 per share. The ex-dividend date of this dividend was Tuesday, August 30th. This represents a $1.12 annualized dividend and a dividend yield of 1.32%. EnPro Industries's dividend payout ratio is currently 13.01%. About EnPro Industries (Get Rating)

EnPro Industries, Inc engages in the design, development, manufacture, marketing, and service of engineered industrial products in the United States, Europe, and internationally. It operates through three segments: Sealing Technologies, Advanced Surface Technologies, and Engineered Materials. The Sealing Technologies segment offers single-use hygienic seals, tubing, components and assemblies; metallic, non-metallic, and composite material gaskets; compression packing products; hydraulic components; expansion joints; wall penetration products; and dynamic, flange, resilient metal, elastomeric, and custom-engineered mechanical seals for chemical and petrochemical processing, 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.Recommended StoriesGet a free copy of the StockNews.com research report on EnPro Industries (NPO)Thor Industries Hammers Out A BottomLet Paychex Stock Work Hard For You Declining Profits Challenge the CarMax Value Proposition How Does Keurig Dr Pepper Compare To Larger Rivals Coke & Pepsi?Humana Proves Vertically Integrated Healthcare Works

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