Mackenzie Financial Corp Invests in EnPro Industries, in Q1
July 25, 2023
🌥️Trending News
ENPRO ($NYSE:NPO): Mackenzie Financial Corp recently announced its investment in EnPro Industries, Inc. in the first quarter of the year. EnPro Industries is a leading supplier of engineered industrial products and services specializing in sealing products, critical flow components, and other industrial technologies. The company’s products are used in mission-critical applications including aerospace, power generation, oil and gas, and other industries. The company has developed an impressive track record of delivering cost-effective solutions to customers with complex needs. Its commitment to excellence, quality, customer service, and engineering innovation has earned it the trust of some of the world’s leading companies.
With Mackenzie Financial Corp’s investment in EnPro Industries’ shares, the company is expected to benefit from access to a larger network of resources and capital. This could open up new avenues for growth and expansion into international markets. It is also an indication of the potential of the company’s products and services in the near future.
Share Price
This investment gave ENPRO INDUSTRIES a boost in the markets, with their stock opening at $137.2 and closing at $137.1. The investment is seen as an indication of the confidence Mackenzie Financial Corp holds in the future of ENPRO INDUSTRIES’ performance, and provides a strong financial foundation for the company’s continued growth. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Enpro Industries. More…
| Total Revenues | Net Income | Net Margin |
| 1.11k | 225.7 | 5.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Enpro Industries. More…
| Operations | Investing | Financing |
| 126 | 252.2 | -319.6 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Enpro Industries. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.67k | 1.22k | 68.74 |
Key Ratios Snapshot
Some of the financial key ratios for Enpro Industries are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -2.1% | 38.1% | 7.8% |
| FCF Margin | ROE | ROA |
| 8.5% | 3.9% | 2.0% |
Analysis
At GoodWhale, we can help you analyze ENPRO INDUSTRIES‘s financials to help you make an informed decision on whether or not to invest in the company. According to our Risk Rating, ENPRO INDUSTRIES is a medium risk investment in terms of financial and business aspects. We have also detected 1 risk warning in the company’s balance sheet. Register with us to check it out and gain further insight into the financial health of ENPRO INDUSTRIES. More…
Peers
The company has a lot of competition, but it is still able to thrive.
– Parker Hannifin Corp ($NYSE:PH)
Parker Hannifin Corp is a diversified industrial company that manufactures motion and control technologies for a variety of industries. Its products include hydraulic and pneumatic components, seals and sealing systems, fluid power systems, and electromechanical components. The company has a market cap of 38.39B as of 2022 and a Return on Equity of 13.12%. Parker Hannifin is a global leader in motion and control technologies, providing solutions that increase productivity, energy efficiency, and safety for a variety of industries.
– Altra Industrial Motion Corp ($NASDAQ:AIMC)
Altria Industrial Motion Corp is a US-based company that manufactures and sells a variety of industrial products, including bearings, gear drives, and other power transmission products. The company has a market cap of 3.74B as of 2022 and a return on equity of 3.22%. Altria Industrial Motion is a publicly traded company listed on the New York Stock Exchange.
– TriMas Corp ($NASDAQ:TRS)
TriMas Corp is a publicly traded company with a market capitalization of $1.04 billion as of 2022. The company has a return on equity of 9.0%. TriMas Corp is engaged in the design, manufacture, and distribution of engineered and applied products for the commercial, industrial, and consumer end markets worldwide. The company operates in three segments: Packaging, Aerospace, and Engineered Components.
Summary
EnPro Industries, Inc. is a leading supplier of engineered products and services for critical applications in diverse end markets. Analysts believe EnPro’s impressive portfolio of highly engineered products and services will remain in high demand in the coming years. Furthermore, the company’s strong focus on improving its operational efficiency and boosting cash flow is expected to drive earnings growth. With the stock currently trading at a discounted valuation and strong fundamentals, EnPro Industries, Inc. remains a promising investment option going forward.
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