Ennis (NYSE:EBF) Releases Earnings Results

Ennis (NYSE:EBF - Get Free Report) announced its quarterly earnings results on Monday. The industrial products company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.02), Zacks reports. The company had revenue of $92.70 million during the quarter, compared to analyst estimates of $95.60 million. Ennis had a net margin of 10.35% and a return on equity of 12.16%.

Ennis Price Performance

EBF traded down $0.15 during trading hours on Friday, reaching $17.91. 202,389 shares of the stock traded hands, compared to its average volume of 148,681. Ennis has a fifty-two week low of $17.15 and a fifty-two week high of $25.75. The company has a market cap of $465.89 million, a price-to-earnings ratio of 11.26 and a beta of 0.40. The firm's fifty day simple moving average is $20.06 and its two-hundred day simple moving average is $20.67.

Ennis Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, May 5th. Stockholders of record on Monday, April 14th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, April 14th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.58%. Ennis's payout ratio is currently 64.52%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Ennis from a "strong-buy" rating to a "buy" rating in a research note on Tuesday.

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.