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

Ennis (NYSE:EBF - Get Free Report) posted its quarterly earnings results 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 net margin of 10.15% and a return on equity of 11.64%.

Ennis Stock Up 0.7 %

EBF stock traded up $0.15 during trading on Monday, hitting $20.83. 121,078 shares of the company's stock traded hands, compared to its average volume of 127,578. The firm has a market capitalization of $541.66 million, a P/E ratio of 13.18 and a beta of 0.41. Ennis has a 1 year low of $18.88 and a 1 year high of $25.75. The business has a fifty day simple moving average of $21.10 and a two-hundred day simple moving average of $22.25.

Analyst Ratings Changes

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

Ennis Company Profile

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.