EnPro Industries(NPO)
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EnPro Industries(NPO) - 2025 Q3 - Quarterly Results
2025-11-04 12:17
Financial Performance - Sales for the third quarter of 2025 were $286.6 million, reflecting a 9.9% increase compared to the prior year[5] - Net income for the quarter was $21.6 million, up 9.1% from $19.8 million in the previous year[9] - Adjusted EBITDA for the quarter was $69.3 million, representing an 8.1% year-over-year increase, with an adjusted EBITDA margin of 24.2%[10] - Adjusted diluted earnings per share for the quarter were $1.99, a 14.4% increase from $1.74 in the prior year[9] - Operating income increased to $40.9 million in Q3 2025, compared to $34.1 million in Q3 2024, representing a 19.9% growth[39] - Net income for the nine months ended September 30, 2025, was $72.5 million, a 22.0% increase from $59.0 million in the same period of 2024[39] - Adjusted segment EBITDA for the quarter ended September 30, 2025, was $79.2 million, up 6.6% from $74.3 million in the same quarter of 2024[49] - Adjusted net income for the nine months ended September 30, 2025, was $125.8 million, compared to $113.7 million in the same period of 2024, reflecting a 10.5% increase[63] Sales Growth - Advanced Surface Technologies (AST) sales grew by 17.3%, driven by strong demand in precision cleaning solutions and certain semiconductor tools[5] - Sealing Technologies sales increased by 5.7%, supported by strong performance in aerospace and food and pharma applications[11] - Enpro's net sales for Q3 2025 were $286.6 million, a 9.9% increase from $260.9 million in Q3 2024[39] Cash Flow and Debt - Free cash flow for the nine months ended September 30, 2025, was $104.9 million, up from $82.8 million in the prior-year period[18] - The company ended the quarter with total debt of $445.2 million and cash and cash equivalents of $132.9 million, resulting in a net leverage ratio of 1.2x[20] - Enpro's cash and cash equivalents decreased to $132.9 million as of September 30, 2025, down from $236.3 million at the end of 2024[43] - The company reported a net cash provided by operating activities of $138.5 million for the nine months ended September 30, 2025, compared to $103.5 million in the same period of 2024[41] Guidance and Acquisitions - The company updated its full-year 2025 guidance, projecting revenue growth of 7%-8% and adjusted EBITDA in the range of $275 million to $280 million[24] - Enpro completed the acquisition of Overlook Industries on October 8, 2025, and expects to finalize the acquisition of AlpHa Measurement Solutions in the fourth quarter[3] - The company expects partial-quarter contributions from the acquisitions of Overlook and AlpHa, with the latter anticipated to close in Q4 2025[35] Expenses and Tax - The company incurred acquisition expenses of $2.7 million in Q3 2025, compared to $0.3 million in Q3 2024[55] - Interest expense of $6.4 million for Q3 2025, down from $9.0 million in Q3 2024, reflecting a decrease of 29.0%[49] - Income tax expense increased to $10.5 million in Q3 2025 from $4.2 million in Q3 2024, representing a 150% increase[67] - Restructuring and impairment expenses for the quarter ended September 30, 2025, were $0.2 million, significantly lower than $4.4 million in the same quarter of 2024[55] Asset and Liability Management - Total assets as of September 30, 2025, were $2,398.8 million, a decrease from $2,491.5 million at the end of 2024[43] - Enpro's total liabilities decreased to $877.7 million as of September 30, 2025, compared to $1,062.9 million at the end of 2024[43]
Enpro Announces Date for Third Quarter 2025 Earnings Release and Conference Call
Businesswire· 2025-10-21 14:00
Core Points - Enpro Inc. will release its financial results for the third quarter of 2025 on November 4 at 6:30 a.m. Eastern Time, followed by a conference call at 8:30 a.m. to discuss the performance [1][5] - The conference call will be accessible via webcast and telephone, with details provided for participants [2] - Enpro is a leading industrial technology company involved in various sectors, including semiconductor, aerospace, and sustainable power generation [3][4] Financial Information - The third quarter 2025 financial results will be accompanied by a slide presentation available on the company's website [2] - Enpro has recently advanced its 3.0 strategy with agreements to acquire AlpHa Measurement Solutions and Overlook Industries, indicating growth and expansion plans [6] Company Overview - Enpro Inc. is headquartered in Charlotte, North Carolina, and is listed on the New York Stock Exchange under the symbol "NPO" [3] - The company focuses on critical applications across multiple end-markets, showcasing its diverse operational scope [3][4]
Enpro Announces Date for Third Quarter 2025 Earnings Release and Conference Call
Businesswire· 2025-10-21 14:00
Core Points - Enpro Inc. will release its financial results for the third quarter of 2025 on November 4 at 6:30 a.m. Eastern Time, followed by a conference call at 8:30 a.m. to discuss the performance [1][5][8] - The conference call will be accessible via webcast and telephone, with details provided for participants [2] - Enpro is a leading industrial technology company involved in various sectors, including semiconductor, aerospace, and sustainable power generation [3][4] Financial Information - The third quarter 2025 financial results will be accompanied by a slide presentation available on the company's website [2] - Enpro has recently advanced its 3.0 strategy with agreements to acquire AlpHa Measurement Solutions and Overlook Industries, indicating growth and expansion plans [6] Investor Relations - Investor contacts for Enpro include James Gentile, Vice President of Investor Relations, and Jenny Yee, Corporate Access Specialist, with provided contact information for inquiries [4][10]
Enpro Inc. Advances 3.0 Strategy with Agreements to Acquire AlpHa Measurement Solutions and Overlook Industries
Businesswire· 2025-10-13 10:00
Core Insights - Enpro, Inc. has announced advancements to its 3.0 strategy through agreements to acquire AlpHa Measurement Solutions and Overlook Industries [1] Group 1 - The acquisitions are part of Enpro's strategic plan to enhance its capabilities and market position [1] - AlpHa Measurement Solutions and Overlook Industries are expected to contribute to Enpro's growth and operational efficiency [1]
Recent Price Trend in Enpro (NPO) is Your Friend, Here's Why
ZACKS· 2025-09-29 13:51
Core Insights - The article emphasizes the importance of identifying and sustaining trends in short-term investing, highlighting that a solid trend can lead to successful trading outcomes [1][2]. Group 1: Stock Performance - Enpro (NPO) has shown a solid price increase of 9.2% over the past 12 weeks, indicating strong investor interest and potential for further upside [4]. - NPO has maintained a price increase of 1.5% over the last four weeks, suggesting that the upward trend is still intact [5]. - The stock is currently trading at 89.9% of its 52-week high-low range, indicating it may be on the verge of a breakout [5]. Group 2: Fundamental Strength - NPO holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like NPO that have sufficient fundamental strength to maintain their upward trend [3]. - The article suggests that there are several other stocks passing through the "Recent Price Strength" screen, which may also be considered for investment [8].
Are Business Services Stocks Lagging AirSculpt Technologies (AIRS) This Year?
ZACKS· 2025-09-26 14:41
Group 1 - AirSculpt Technologies, Inc. (AIRS) has shown strong year-to-date performance, with a return of approximately 40.9%, significantly outperforming the average return of -0.8% for the Business Services sector [4] - The Zacks Rank for AirSculpt Technologies, Inc. is currently 2 (Buy), indicating positive analyst sentiment and an improving earnings outlook [3][4] - The Zacks Consensus Estimate for AIRS' full-year earnings has increased by 11.1% over the past three months, reflecting stronger analyst sentiment [4] Group 2 - AirSculpt Technologies, Inc. is part of the Technology Services industry, which consists of 118 companies and currently ranks 79 in the Zacks Industry Rank [6] - Stocks in the Technology Services industry have gained about 37.8% year-to-date, indicating that AIRS is performing better than its industry peers [6] - Another stock in the Business Services sector, Enpro (NPO), has also outperformed the sector with a year-to-date return of 28.1% and a Zacks Rank of 2 (Buy) [5][6]
Enpro (NPO) Is a Great Choice for 'Trend' Investors, Here's Why
ZACKS· 2025-09-12 13:51
Core Viewpoint - The article emphasizes the importance of confirming the sustainability of a trend in short-term investing, highlighting that successful entry timing is crucial for profitability [1][2]. Group 1: Trend Analysis - The trend can reverse before exiting a trade, potentially leading to short-term capital losses for investors [2]. - A predefined screening strategy, "Recent Price Strength," helps identify stocks with strong fundamentals that can maintain their upward momentum [3]. Group 2: Stock Performance - Enpro (NPO) has shown a solid price increase of 23% over the past 12 weeks, indicating investor confidence in its potential upside [4]. - NPO has also increased by 1.8% over the last four weeks, suggesting that the price trend remains intact [5]. - Currently, NPO is trading at 96.6% of its 52-week high-low range, indicating a potential breakout [5]. Group 3: Fundamental Strength - NPO holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 4: Additional Opportunities - Besides NPO, there are other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting further investment opportunities [8]. - The article encourages exploring over 45 Zacks Premium Screens tailored to different investing styles for potential winning stock picks [8].
What Makes Enpro (NPO) a New Strong Buy Stock
ZACKS· 2025-09-08 22:10
Core Viewpoint - Enpro (NPO) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][2]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with stock price movements, particularly due to institutional investors adjusting their valuations based on these estimates [3][4]. - For Enpro, the increase in earnings estimates suggests an improvement in the company's underlying business, likely leading to a rise in stock price as investors respond positively to this trend [4]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [6]. - The system maintains a balanced distribution of ratings, ensuring that only the top 5% of stocks receive a "Strong Buy" rating, indicating superior earnings estimate revisions [8][9]. Recent Performance of Enpro - For the fiscal year ending December 2025, Enpro is expected to earn $7.69 per share, with a 3.8% increase in the Zacks Consensus Estimate over the past three months, reflecting analysts' positive revisions [7].
Here's Why Momentum in Enpro (NPO) Should Keep going
ZACKS· 2025-08-25 13:50
Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends through sound fundamentals and positive earnings estimates to enhance the likelihood of successful short-term investments [1][2]. Group 1: Stock Performance - Enpro (NPO) has shown a solid price increase of 22.9% over the past 12 weeks, indicating strong investor interest in its potential upside [4]. - NPO has also maintained a price increase of 9.4% over the last four weeks, suggesting that the upward trend is still intact [5]. - The stock is currently trading at 95.5% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - NPO holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like NPO that are on an uptrend supported by strong fundamentals [3]. - There are additional stocks that meet the criteria of the "Recent Price Strength" screen, providing further investment opportunities [8].
Enpro (NPO) Moves to Strong Buy: Rationale Behind the Upgrade
ZACKS· 2025-08-07 17:01
Group 1 - Enpro has been upgraded to a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, which significantly impacts stock prices [1][3] - The Zacks rating system is based on the Zacks Consensus Estimate, which reflects EPS estimates from sell-side analysts for the current and following years [1][2] - Rising earnings estimates indicate an improvement in Enpro's underlying business, which is expected to positively influence its stock price [5][10] Group 2 - The correlation between changes in earnings estimates and stock price movements is strong, with institutional investors playing a role in this relationship [4][6] - Over the past three months, the Zacks Consensus Estimate for Enpro has increased by 3.8%, with expected earnings of $7.69 per share for the fiscal year ending December 2025 [8] - The Zacks Rank system has a proven track record, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7][9]