Enpro (NPO) Scheduled to Post Quarterly Earnings on Tuesday

Enpro (NYSE:NPO - Get Free Report) is set to release its earnings data before the market opens on Tuesday, November 5th. Analysts expect Enpro to post 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.Investors that wish to listen to the company's conference call can do so using this link.

Enpro (NYSE:NPO - Get Free Report) last released its earnings results on Tuesday, August 6th. The industrial products company reported $2.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.85 by $0.23. The business 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%. Enpro's revenue was down 1.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.83 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 Stock Down 0.1 %

NPO stock traded down $0.08 during mid-day trading on Tuesday, reaching $149.29. The company had a trading volume of 82,051 shares, compared to its average volume of 93,709. The company has a market capitalization of $3.13 billion, a price-to-earnings ratio of 73.91 and a beta of 1.40. Enpro has a 52 week low of $106.08 and a 52 week high of $176.13. The stock has a 50 day simple moving average of $155.61 and a two-hundred day simple moving average of $153.06. 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 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 18th. Investors of record on Wednesday, September 4th were paid a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, September 4th. This represents a $1.20 annualized dividend and a dividend yield of 0.80%. Enpro's dividend payout ratio is presently 59.41%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Enpro from a "hold" rating to a "buy" rating in a research note on Monday, September 2nd.

Insider Buying and Selling

In other news, CAO Steven R. Bower sold 1,548 shares of the firm's stock in a transaction that occurred on Friday, August 9th. The stock was sold at an average price of $150.06, for a total value of $232,292.88. Following the completion of the sale, the chief accounting officer now directly owns 604 shares of the company's stock, valued at $90,636.24. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.70% 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.