Ennis, Inc. (NYSE:EBF) has received a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation.
Brokerages have set a one year consensus price target of $20.00 for the company, according to Zacks. Zacks has also assigned Ennis an industry rank of 208 out of 256 based on the ratings given to related companies.
Separately, Zacks Investment Research cut Ennis from a “hold” rating to a “sell” rating in a research report on Tuesday, April 23rd.
Hedge funds have recently bought and sold shares of the company. Quantamental Technologies LLC purchased a new position in shares of Ennis during the 1st quarter valued at about $30,000. State of Alaska Department of Revenue purchased a new position in shares of Ennis during the 1st quarter valued at about $73,000. Legal & General Group Plc lifted its position in shares of Ennis by 26.1% during the 3rd quarter. Legal & General Group Plc now owns 4,520 shares of the industrial products company’s stock valued at $92,000 after buying an additional 935 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. lifted its position in shares of Ennis by 286.7% during the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 4,811 shares of the industrial products company’s stock valued at $100,000 after buying an additional 3,567 shares in the last quarter. Finally, BNP Paribas Arbitrage SA lifted its position in shares of Ennis by 198.9% during the 1st quarter. BNP Paribas Arbitrage SA now owns 5,336 shares of the industrial products company’s stock valued at $111,000 after buying an additional 3,551 shares in the last quarter. 82.66% of the stock is currently owned by hedge funds and other institutional investors.
NYSE:EBF traded up $0.18 on Friday, hitting $19.01. The stock had a trading volume of 627 shares, compared to its average volume of 91,929. The stock has a market capitalization of $492.59 million, a price-to-earnings ratio of 12.90 and a beta of 0.52. The company has a debt-to-equity ratio of 0.10, a quick ratio of 4.13 and a current ratio of 5.25. Ennis has a 52-week low of $17.35 and a 52-week high of $22.98.
Ennis (NYSE:EBF) last announced its earnings results on Monday, April 22nd. The industrial products company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.02). The firm had revenue of $100.70 million during the quarter. Ennis had a return on equity of 13.26% and a net margin of 9.34%. As a group, equities analysts forecast that Ennis will post 1.36 earnings per share for the current fiscal year.
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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