EnPro Industries (NPO) was Downgraded by KeyBanc Capital Mkts to ” Sector Weight”. Earlier the firm had a rating of “Overweight ” on the company shares. KeyBanc Capital Mkts advised their investors in a research report released on May 5, 2016.
On the company’s financial health, EnPro Industries reported $-0.01 EPS for the quarter, missing the analyst consensus estimate by $ -0.42 based on the information available during the earnings call on May 5, 2016. Analyst had a consensus of $0.41. The company had revenue of $294.90 million for the quarter, compared to analysts expectations of $293.25 million. The company’s revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.04 EPS.
EnPro Industries closed down -1.57 points or -2.71% at $56.28 with 1,06,659 shares getting traded on Wednesday. Post opening the session at $57.5, the shares hit an intraday low of $56.14 and an intraday high of $57.79 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
In a different news, on Aug 5, 2015, B. Bernard Jr. Burns (director) purchased 500 shares at $50.18 per share price. According to the SEC, on May 7, 2015, David S. Burnett (VP Treasury and Tax) purchased 300 shares at $61.15 per share price.
EnPro Industries Inc. (EnPro) is engaged in the designing developing manufacturing and marketing engineered industrial products. The Company operates in three segments: Sealing Products segment Engineered Products segment and Power Systems segment. Its Sealing Products segment designs manufactures and sells sealing products. Engineered Products Segment includes its bearings aluminum blocks for hydraulic applications and reciprocating compressor components. Its Engineered Products segment includes operations that design manufacture and sell self-lubricating non-rolling metal-polymer and solid polymer and filament wound bearing products among others. Its Power Systems segment designs manufactures sells and services heavy-duty medium-speed diesel natural gas and dual fuel reciprocating engines. It has approximately 63 primary manufacturing facilities located in 13 countries including the United States.