Ennis (NYSE:EBF) Releases Earnings Results, Meets Estimates

Ennis (NYSE:EBF) posted its quarterly earnings data on Monday. The industrial products company reported $0.39 earnings per share for the quarter, meeting the consensus estimate of $0.39, RTT News reports. Ennis had a return on equity of 11.64% and a net margin of 10.15%.

Ennis Price Performance

Shares of EBF stock opened at $21.06 on Wednesday. Ennis has a one year low of $18.88 and a one year high of $25.75. The stock has a fifty day moving average price of $21.10 and a 200 day moving average price of $22.25. The stock has a market cap of $547.64 million, a P/E ratio of 13.33 and a beta of 0.41.

Ennis Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 6th. Stockholders of record on Thursday, January 9th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.75%. The ex-dividend date of this dividend is Thursday, January 9th. Ennis’s dividend payout ratio is presently 63.29%.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Ennis from a “strong-buy” rating to a “buy” rating in a report on Wednesday, December 11th.

About Ennis

Ennis, Inc 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, 360º 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, Forms Manufacturers, Mutual Graphics, TRI-C Business Forms, Major Business Systems, Independent Printing, Hoosier Data Forms, Hayes Graphics, Wright Business Graphics, Wright 360, Integrated Print & Graphics, the Flesh Company, Impressions Direct, and AmeriPrint brands.