Ennis - EBF Stock Forecast, Price & News

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, 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, Falcon Business Forms, 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, Ace Forms, and AmeriPrint brands. It also provides point of purchase advertising for large franchise and fast-food chains, as well as kitting and fulfillment under the Adams McClure brand name; and presentation and document folders under the Admore, Folder Express, and Independent Folders brands. In addition, the company offers custom printed, high performance labels, and custom and stock tags under the Ennis Tag & Label brand name; custom and stock tags and labels under the Allen-Bailey Tag & Label, Atlas Tag & Label, Kay Toledo Tag, and Special Service Partners brands; custom and imprinted envelopes under the Trade Envelopes, Block Graphics, Wisco, and National Imprint Corporation brands; and financial and security documents under the Northstar and General Financial Supply, and Infoseal brands. It distributes business products and forms through independent distributors. The company was formerly known as Ennis Business Forms, Inc. Ennis, Inc. was incorporated in 1909 and is headquartered in Midlothian, Texas.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Ennis from a "buy" rating to a "strong-buy" rating in a report on Tuesday, June 28th.

Ennis Stock Up 2.8 %

NYSE:EBF traded up $0.61 during trading hours on Monday, reaching $22.31. 2,141 shares of the company's stock were exchanged, compared to its average volume of 107,406. The company has a market capitalization of $575.95 million, a P/E ratio of 16.82 and a beta of 0.44. Ennis has a 12 month low of $16.55 and a 12 month high of $22.27. The business's 50-day simple moving average is $19.98 and its two-hundred day simple moving average is $18.86.

Ennis (NYSE:EBF - Get Rating) last issued its earnings results on Monday, June 20th. The industrial products company reported $0.45 earnings per share for the quarter. The firm had revenue of $107.67 million during the quarter. Ennis had a net margin of 8.11% and a return on equity of 10.98%.

Ennis Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 8th. Investors of record on Friday, July 8th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 4.48%. The ex-dividend date of this dividend was Thursday, July 7th. Ennis's dividend payout ratio is 77.52%.

Insider Buying and Selling

In related news, Director Alejandro Quiroz sold 7,000 shares of the firm's stock in a transaction that occurred on Wednesday, June 29th. The shares were sold at an average price of $19.99, for a total value of $139,930.00. Following the completion of the transaction, the director now owns 25,003 shares of the company's stock, valued at approximately $499,809.97. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.90% of the company's stock.