Alert: Negative Investment/Fundamental Signals (3/5/24)-EnPro Industries Inc. (NYSE: NPO)

out_logo_500#37539.jpg

Recent important negative changes in fundamentals have impacted EnPro Industries Inc. (NYSE: NPO): the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

EnPro Industries Inc. (NYSE: NPO) suffers from notable negative changes in investment behavior: negative upside/downside volume developed.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

out_mm#37539.jpg

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, NPO is expected to continue to be an important Value Builder.

EnPro Industries has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. EnPro Industries has a poor Appreciation Score of 20 but a very high Power Rating of 86, producing the Neutral Value Trend Rating.

Recent Price Action

EnPro Industries Inc. (NYSE: NPO) stock declined modestly by -1.6% on 3/5/24. The stock closed at $150.67. Trading volume in this decline was normal. The stock has declined -5.1% during the last week but has been exceptionally strong relative to the market over the last nine months.

Be the first to comment

Leave a Reply

Your email address will not be published.


*