Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $77.67 on Enpro Industries (NYSE:NPO) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $-0.92 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Enpro Industries (NYSE:NPO) stands at N/A.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For EnPro Industries Inc, the PEG ratio for coming 3-5 years is -8.66.
The technical analysis highlights that EnPro Industries Inc current is trading $4.16 points away or +8.25% from its 50-day moving average of $50.40. Further it is trading $3.07 or +5.97% away its 200-day moving average of $51.49.
The 52-week high of Enpro Industries (NYSE:NPO) was $63.82 while lowest point recorded in 52-week was $37.53. It implies if stock price makes a movement of over $-9.26, it will record a new 52-week high. In the case of +45.38% drop, it will touch a new 52-week low.
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