Enpro (NYSE:NPO) Issues Quarterly Earnings Results, Beats Expectations By $0.10 EPS

Enpro (NYSE:NPO - Get Free Report) released its earnings results on Wednesday. The industrial products company reported $1.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.47 by $0.10, Zacks reports. The firm had revenue of $258.40 million for the quarter, compared to analyst estimates of $250.10 million. Enpro had a return on equity of 10.25% and a net margin of 6.95%. Enpro's revenue was up 3.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.19 earnings per share. Enpro updated its FY 2025 guidance to 7.000-7.700 EPS and its FY25 guidance to $7.00 to $7.70 EPS.

Enpro Stock Down 3.1 %

NYSE:NPO traded down $6.44 on Friday, hitting $200.44. 163,900 shares of the company's stock traded hands, compared to its average volume of 105,134. The company has a market cap of $4.21 billion, a PE ratio of 57.93 and a beta of 1.49. The company has a current ratio of 2.59, a quick ratio of 2.00 and a debt-to-equity ratio of 0.44. Enpro has a 1 year low of $136.68 and a 1 year high of $214.58. The firm has a 50-day moving average price of $179.64 and a 200-day moving average price of $167.91.

Enpro Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 5th will be paid a $0.31 dividend. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $1.24 dividend on an annualized basis and a yield of 0.62%. This is a boost from Enpro's previous quarterly dividend of $0.30. Enpro's dividend payout ratio (DPR) is currently 34.68%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on NPO. KeyCorp lifted their price target on Enpro from $180.00 to $220.00 and gave the stock an "overweight" rating in a research note on Thursday, December 12th. Oppenheimer lifted their price target on Enpro from $170.00 to $215.00 and gave the stock an "outperform" rating in a research note on Monday, December 16th. Finally, StockNews.com cut Enpro from a "buy" rating to a "hold" rating in a research note on Wednesday, December 18th.

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.