Enpro (NPO) Scheduled to Post Earnings on Tuesday

Enpro (NYSE:NPO) will be issuing its quarterly earnings data before the market opens on Tuesday, May 7th. Analysts expect the company to announce earnings of $1.54 per share for the quarter. Enpro has set its FY 2024 guidance at 7.000-7.800 EPS and its FY24 guidance at $7.00-7.80 EPS.Investors that wish to register for the company’s conference call can do so using this link.

Enpro (NYSE:NPO) last announced its quarterly earnings data on Tuesday, February 20th. The industrial products company reported $1.19 EPS for the quarter, missing the consensus estimate of $1.47 by ($0.28). Enpro had a net margin of 2.10% and a return on equity of 9.67%. The company had revenue of $241.90 million during the quarter, compared to analyst estimates of $264.10 million. During the same quarter last year, the business earned $1.47 EPS. The firm’s revenue for the quarter was down 11.0% on a year-over-year basis. On average, analysts expect Enpro to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Enpro Trading Down 0.3 %

Shares of NPO opened at $152.00 on Monday. Enpro has a twelve month low of $93.23 and a twelve month high of $170.63. The company has a current ratio of 3.31, a quick ratio of 2.59 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $3.18 billion, a P/E ratio of 143.40 and a beta of 1.55. The firm’s 50-day moving average is $157.45 and its two-hundred day moving average is $146.82.

Enpro Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 20th. Investors of record on Wednesday, June 5th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date is Wednesday, June 5th. Enpro’s dividend payout ratio is currently 113.21%.

Wall Street Analysts Forecast Growth

Separately, TheStreet raised Enpro from a “c+” rating to a “b-” rating in a report on Thursday, February 1st.

Insider Buying and Selling at Enpro

In other Enpro news, Director Der Graaf Kees Van sold 1,200 shares of the company’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $160.01, for a total value of $192,012.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In related news, CAO Robert Savage Mclean sold 6,400 shares of Enpro stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $158.32, for a total transaction of $1,013,248.00. Following the completion of the sale, the chief accounting officer now owns 28,961 shares in the company, valued at approximately $4,585,105.52. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Der Graaf Kees Van sold 1,200 shares of the company’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $160.01, for a total transaction of $192,012.00. The disclosure for this sale can be found here. 1.70% of the stock is currently owned by insiders.

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.