Enpro (NYSE:NPO) Issues FY 2024 Earnings Guidance

Enpro (NYSE:NPOGet Free Report) issued an update on its FY 2024 earnings guidance on Wednesday morning. The company provided EPS guidance of 7.000-7.800 for the period, compared to the consensus EPS estimate of 7.420. The company issued revenue guidance of -.

Enpro Trading Up 2.2 %

NYSE:NPO traded up $3.32 during mid-day trading on Friday, hitting $152.06. The company’s stock had a trading volume of 119,878 shares, compared to its average volume of 108,821. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.59 and a current ratio of 2.59. The stock has a fifty day moving average of $156.68 and a 200-day moving average of $147.52. Enpro has a fifty-two week low of $93.23 and a fifty-two week high of $170.63.

Enpro (NYSE:NPOGet Free Report) last posted its earnings results on Tuesday, May 7th. The industrial products company reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.03. Enpro had a negative net margin of 0.26% and a positive return on equity of 9.17%. The business had revenue of $257.50 million for the quarter, compared to analyst estimates of $269.00 million. During the same quarter in the prior year, the firm earned $1.95 EPS. The firm’s quarterly revenue was down 8.9% compared to the same quarter last year. On average, equities research analysts expect that Enpro will post 7.45 EPS for the current year.

Enpro Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Shareholders of record on Wednesday, June 5th will be given a $0.30 dividend. The ex-dividend date of this dividend is Tuesday, June 4th. This represents a $1.20 annualized dividend and a yield of 0.79%. Enpro’s payout ratio is -857.08%.

Wall Street Analyst Weigh In

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

Get Our Latest Stock Report on Enpro

Insiders Place Their Bets

In other news, Director Der Graaf Kees Van sold 1,200 shares of the business’s stock in a transaction 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director Der Graaf Kees Van sold 1,200 shares of the business’s stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $160.01, for a total transaction of $192,012.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Robert Savage Mclean sold 6,400 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the chief accounting officer now directly owns 28,961 shares in the company, valued at $4,585,105.52. The disclosure for this sale can be found here. Company insiders own 1.60% of the company’s stock.

About Enpro

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Enpro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enpro and related companies with MarketBeat.com's FREE daily email newsletter.