Ennis (NYSE:EBF) announced its quarterly earnings results on Friday. The industrial products company reported $0.40 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.36 by $0.04, MarketWatch Earnings reports. Ennis had a return on equity of 13.13% and a net margin of 9.50%.
Ennis stock opened at $18.51 on Friday. Ennis has a fifty-two week low of $17.35 and a fifty-two week high of $22.98. The company has a quick ratio of 3.90, a current ratio of 4.99 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $462.20 million, a PE ratio of 14.35 and a beta of 0.68.
Separately, Zacks Investment Research raised Ennis from a “hold” rating to a “strong-buy” rating and set a $22.00 target price for the company in a report on Friday, October 5th.
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.
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