Oppenheimer Reiterates Outperform Rating on EnPro Industries (NPO)

Oppenheimer analyst Ian Zaffino reiterated an Outperform rating and $240.00 price target on EnPro Industries (NYSE: NPO).

The analyst commented: "Management was upbeat on Enpro's “3.0” phase. The company targets solid organic revenue growth in the mid-to-HSD%, >25% EBITDA margins, and recent acquisitions should bolster growth in Sealings. AST targets HSD-LDD% organic sales growth, driven recently by precision cleaning solutions for advanced chips. Qualification work for customers underscores the accelerated demand for leading-edge node production, and AST investments in the US/Taiwan support long-term growth. Semi capital equipment demand remains tepid, but management anticipates a rebound in 2H26. At Sealings, growth in the aerospace and food and pharma markets and steady aftermarket demand have supported ~MSD% revenue growth. NPO trades at 16.5x FY26E EBITDA, vs. industrial peers in the mid-to high-teens; we see upside to FY26E on recent acquisitions and higher growth at AST."

For an analyst ratings summary and ratings history on EnPro Industries click here. For more ratings news on EnPro Industries click here.

Shares of EnPro Industries closed at $224.52 yesterday.

You May Also Be Interested In