Enpro (NPO) Scheduled to Post Earnings on Tuesday

Enpro (NYSE:NPO) will be posting its quarterly earnings results before the market opens on Tuesday, May 7th. Analysts expect Enpro to post 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 interested in registering for the company’s conference call can do so using this link.

Enpro (NYSE:NPO) last posted its quarterly earnings data on Tuesday, February 20th. The industrial products company reported $1.19 earnings per share for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.28). The company had revenue of $241.90 million during the quarter, compared to analyst estimates of $264.10 million. Enpro had a net margin of 2.10% and a return on equity of 9.67%. The business’s revenue for the quarter was down 11.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.47 earnings per share. 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 0.1 %

NPO traded down $0.13 during midday trading on Tuesday, hitting $151.77. 9,766 shares of the company were exchanged, compared to its average volume of 96,624. The firm has a market capitalization of $3.18 billion, a P/E ratio of 143.30 and a beta of 1.55. The firm’s 50 day moving average price is $157.83 and its 200-day moving average price is $146.06. The company has a quick ratio of 2.59, a current ratio of 3.31 and a debt-to-equity ratio of 0.45. Enpro has a 1-year low of $93.23 and a 1-year high of $170.63.

Enpro Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Wednesday, March 6th were paid a $0.30 dividend. This is a positive change from Enpro’s previous quarterly dividend of $0.29. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date of this dividend was Tuesday, March 5th. Enpro’s payout ratio is currently 113.21%.

Wall Street Analyst Weigh In

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

Insider Activity at Enpro

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