Ennis (EBF) Announces Earnings Results, Beats Expectations By $0.07 EPS

Ennis (NYSE:EBF) released its quarterly earnings results on Monday. The industrial products company reported $0.36 EPS for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.07, MarketWatch Earnings reports. Ennis had a return on equity of 12.73% and a net margin of 8.89%.

Shares of Ennis opened at $20.25 on Tuesday, according to Marketbeat Ratings. The firm has a market capitalization of $489.94 million, a price-to-earnings ratio of 14.81 and a beta of 0.69. The company has a debt-to-equity ratio of 0.11, a quick ratio of 4.63 and a current ratio of 5.52. Ennis has a 52 week low of $17.40 and a 52 week high of $21.50.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 3rd. Shareholders of record on Friday, July 6th will be given a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 4.44%. This is a positive change from Ennis’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend is Thursday, July 5th. Ennis’s dividend payout ratio (DPR) is presently 62.02%.

Separately, Buckingham Research assumed coverage on Ennis in a research report on Monday, June 18th. They set a “neutral” rating and a $20.00 price target on the stock.

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.

Earnings History for Ennis (NYSE:EBF)

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