EnPro Industries Inc. (NYSE: NPO) has reported earnings for its second fiscal quarter (ending June 30) of $1.27 versus a loss $-0.89 for the same period a year ago. This result fell short of the consensus estimate of $1.85 by $-0.58. For the latest four quarters through June 30, E.P.S. were $2.04 versus $-1.15 for the same period a year ago.
Recent Price Action
On 8/6/24, EnPro Industries Inc. (NYSE: NPO) stock enjoyed a large increase of 4.4%, closing at $152.39. Moreover, this advance was accompanied by unusually high trading volume at 150% of normal. The stock has declined -10.6% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
NPO’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
EnPro Industries has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. EnPro Industries has a poor Appreciation Score of 21 but a good Power Rating of 73, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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