Ennis, Inc. (EBF) Given Average Recommendation of “Hold” by Analysts
Ennis, Inc. (NYSE:EBF) has received an average broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation.
Brokers have set a 12-month consensus target price of $20.00 for the company, according to Zacks. Zacks has also given Ennis an industry rank of 212 out of 256 based on the ratings given to its competitors.
Separately, Zacks Investment Research cut Ennis from a “hold” rating to a “sell” rating in a research report on Tuesday, April 23rd.
Shares of Ennis stock traded down $0.28 on Thursday, reaching $18.79. 66,600 shares of the company were exchanged, compared to its average volume of 114,126. The company has a current ratio of 5.25, a quick ratio of 4.13 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $499.25 million, a price-to-earnings ratio of 12.96 and a beta of 0.45. Ennis has a 1-year low of $17.35 and a 1-year high of $22.98.
Ennis (NYSE:EBF) last announced its quarterly earnings results on Monday, April 22nd. The industrial products company reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). The company had revenue of $100.70 million for the quarter. Ennis had a return on equity of 13.26% and a net margin of 9.34%. Sell-side analysts predict that Ennis will post 1.36 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Monday, May 6th. Stockholders of record on Monday, April 15th were given a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.79%. The ex-dividend date was Friday, April 12th. Ennis’s payout ratio is 62.07%.
Ennis Company Profile
Ennis, Inc designs, manufactures, and sells business forms and other business products in the United States. The company offers snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure sensitive products under the Ennis, Royal Business Forms, Block Graphics, Specialized Printed Forms, 360 Custom Labels, ColorWorx, Enfusion, Uncompromised Check Solutions, VersaSeal, Ad Concepts, FormSource Limited, Star Award Ribbon Company, Witt Printing, B&D Litho, Genforms, PrintGraphics, Calibrated Forms, PrintXcel, Printegra, Curtis Business Forms, Falcon Business Forms, Forms Manufacturers, Mutual Graphics, TRI-C Business Forms, Major Business Systems, Independent Printing, Hoosier Data Forms, and Hayes Graphics brand names.
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