Research note coverage of Ennis was initially made available to the public for the first time on Thursday when it was published by analysts working for StockNews.com (NYSE: EBF).
The stock of the industrial products company was given a “strong-buy” recommendation by the corporation, which indicated that they believe the price will continue to rise.
On Thursday, the price of EBF was $21.52 when trading began on the New York Stock Exchange. Over the previous year, the price of Ennis ranged from a low of $16.55 to a high of $23.48.
The stock has a price-to-earnings ratio of 13.28, and the beta value sits at 0.48.
The market capitalization of the company is $555.9 million at the moment.
The price of the stock’s moving average over the past 50 days is currently at $21.39, while its moving average over the past 200 days is currently at $21.67.
Monday, the 19th of December, was the day that Ennis (NYSE: EBF) announced its most recent quarterly results report to the public.
The company that manufactures industrial products had earnings per share (EPS) of $0.44 for the prior quarter.
Ennis’s company generated a return on equity of 13.47% and a net margin of 9.74% in their line of work.
The company’s operations generated total revenue of $110.25 million throughout the period under consideration.
In recent months, hedge funds have been active in the company’s stock market by buying and selling shares.
Lazard Asset Management LLC increased the amount of Ennis stock owned by 16.9 percentage points during the year’s first three months.
After purchasing 613 shares, Lazard Asset Management LLC now has 4,241 shares of the industrial products company’s stock, currently valued at $78,000.
This is because the company made an additional purchase during the period. U.S.
Bancorp DE increased the amount of Ennis stock owned by 26.2% during the third quarter. U.S.
Bancorp DE now has 3,163 shares of the industrial products company’s stock, worth $64,000, thanks to the purchase of 656 additional shares during the preceding quarter.
These shares were purchased by U.S.
Bancorp, INC During the most recent fiscal period; Private Advisor Group LLC was able to amass an additional 1.7% of the total number of shares of Ennis common stock.
Private Advisor Group LLC now owns 44,522 shares of the industrial products company’s stock, which has a market value of $953,445,000 after purchasing an additional 753 shares during the most recent quarter.
These shares have a market value of $953,445,000. Great West Life Assurance Company of Canada increased the amount of Ennis stock owned by 36.6% over the first three months of 2018. Great West Life Assurance Co now has 2,940 shares of the company’s stock, currently valued at $57,000, after the company purchased 787 additional shares in the industrial products company during the most recent quarter.
These shares were purchased during the most recent quarter.
Additionally, during the second quarter, Martingale Asset Management L.P.
Increased the number of Ennis shares it owned, bringing its total percentage ownership to 27.0%. Following the purchase of an additional 918 shares in the industrial products company during the most recent fiscal quarter, Martingale Asset Management L.P. now has a total of 35,031 shares in the company, which have a value of $709,000.
To the tune of 72.86 percent, the company’s shares are owned by institutional investors and hedge funds.
Ennis, INC is in charge of the design process, production, and distribution of business forms and other printed goods intended for use in commercial settings.
This particular company offers various products and services, including but not limited to envelopes, printing for financial and security purposes, commercial printing, custom company forms, checks, forms compatible with the software, and advertising specialties.