Enpro (NPO) to Release Earnings on Tuesday

Enpro (NYSE:NPO) is scheduled to be announcing its earnings results before the market opens on Tuesday, November 5th. Analysts expect the company to announce earnings of $1.93 per share for the quarter. Enpro has set its FY24 guidance at $7.00-7.60 EPS and its FY 2024 guidance at 7.000-7.600 EPS.Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Enpro (NYSE:NPO) last released its quarterly earnings results on Tuesday, August 6th. The industrial products company reported $2.08 EPS for the quarter, beating analysts’ consensus estimates of $1.85 by $0.23. The firm had revenue of $271.90 million for the quarter, compared to analyst estimates of $270.90 million. Enpro had a return on equity of 9.54% and a net margin of 4.14%. The business’s revenue was down 1.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.83 EPS. On average, analysts expect Enpro to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Enpro Price Performance

Enpro stock opened at $147.32 on Friday. The stock’s 50 day moving average is $155.00 and its 200 day moving average is $152.90. Enpro has a one year low of $115.00 and a one year high of $176.13. The firm has a market cap of $3.09 billion, a P/E ratio of 72.93 and a beta of 1.41. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.72 and a quick ratio of 1.90.

Enpro Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 18th. Stockholders of record on Wednesday, December 4th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date of this dividend is Wednesday, December 4th. Enpro’s dividend payout ratio is currently 59.41%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Enpro from a “hold” rating to a “buy” rating in a report on Monday, September 2nd.

Insiders Place Their Bets

In other Enpro news, CAO Steven R. Bower sold 1,548 shares of the stock in a transaction that occurred on Friday, August 9th. The stock was sold at an average price of $150.06, for a total transaction of $232,292.88. Following the transaction, the chief accounting officer now directly owns 604 shares in the company, valued at approximately $90,636.24. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 1.60% of the stock is currently owned by corporate insiders.

About Enpro

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.