Somewhat Favorable Media Coverage Somewhat Unlikely to Impact EnPro Industries (NYSE:NPO) Stock Price

Press coverage about EnPro Industries (NYSE:NPO) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. EnPro Industries earned a news impact score of 0.11 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 45.9216527413044 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Shares of EnPro Industries (NYSE:NPO) traded down 0.49% on Wednesday, reaching $72.88. The company’s stock had a trading volume of 79,289 shares. The firm’s 50 day moving average is $71.52 and its 200-day moving average is $68.33. EnPro Industries has a 52-week low of $45.35 and a 52-week high of $75.71. The stock has a market cap of $1.56 billion, a P/E ratio of 119.67 and a beta of 1.08.

EnPro Industries (NYSE:NPO) last issued its earnings results on Monday, May 1st. The industrial products company reported $0.44 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.62 by $0.18. The firm had revenue of $295.80 million during the quarter, compared to the consensus estimate of $303.63 million. EnPro Industries had a net margin of 1.10% and a return on equity of 9.43%. The business’s quarterly revenue was up .3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($2.15) earnings per share. On average, equities research analysts forecast that EnPro Industries will post $2.67 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 20th. Stockholders of record on Wednesday, September 6th will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 1.21%. EnPro Industries’s dividend payout ratio (DPR) is presently 144.26%.

NPO has been the topic of a number of research reports. Zacks Investment Research lowered EnPro Industries from a “hold” rating to a “strong sell” rating in a report on Saturday, April 8th. BidaskClub raised EnPro Industries from a “sell” rating to a “hold” rating in a report on Tuesday, June 13th. Finally, FBR & Co reaffirmed an “outperform” rating on shares of EnPro Industries in a report on Tuesday, July 11th.

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In other news, insider Stephen E. Macadam sold 15,000 shares of EnPro Industries stock in a transaction on Thursday, May 4th. The stock was sold at an average price of $72.21, for a total value of $1,083,150.00. Following the completion of the transaction, the insider now directly owns 234,447 shares in the company, valued at $16,929,417.87. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Susan E. Sweeney sold 686 shares of EnPro Industries stock in a transaction on Friday, May 5th. The shares were sold at an average price of $72.87, for a total value of $49,988.82. Following the completion of the transaction, the insider now owns 2,127 shares of the company’s stock, valued at $154,994.49. The disclosure for this sale can be found here. 2.60% of the stock is currently owned by insiders.

About EnPro Industries

EnPro Industries, Inc is engaged in the designing, developing, manufacturing and marketing engineered industrial products. It operates through three segments. The Sealing Products segment includes three operating divisions: Garlock, which designs, manufactures and sells sealing products; Technetics, which designs, manufactures and sells metal seals and elastomeric seals, among others, and Stemco LP (Stemco), which designs, manufactures and sells heavy-duty truck wheel-end components and systems.

Insider Buying and Selling by Quarter for EnPro Industries (NYSE:NPO)

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