Ennis Inc (NYSE: EBF) is -11.14% lower on its value in year-to-date trading and has touched a low of $16.94 and a high of $23.08 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EBF stock was last observed hovering at around $18.71 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $18.74, the stock is -4.01% and -8.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.17 million and changing 0.16% at the moment leaves the stock -9.83% off its SMA200. EBF registered 9.70% gain for a year compared to 6-month gain of -11.06%. The firm has a 50-day simple moving average (SMA 50) of $20.407 and a 200-day simple moving average (SMA200) of $21.6392.
The stock witnessed a -11.77% loss in the last 1 month and extending the period to 3 months gives it a -9.60%, and is -1.52% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.33% over the week and 2.94% over the month.
Ennis Inc (EBF) has around 1941 employees, a market worth around $487.48M and $399.35M in sales. Current P/E ratio is 11.83. Profit margin for the company is 10.35%. Distance from 52-week low is 10.62% and -18.81% from its 52-week high. The company has generated returns on investments over the last 12 months (13.61%).
with sales reaching $95.6M over the same period.The EPS is expected to shrink by -4.88% this year, but quarterly earnings will post -5.38% year-over-year. Quarterly sales are estimated to shrink -1.88% in year-over-year returns.
240.0 institutions hold shares in Ennis Inc (EBF), with institutional investors hold 82.51% of the company’s shares. The shares outstanding are 25.97M, and float is at 24.44M with Short Float at 4.45%. Institutions hold 77.62% of the Float.
The top institutional shareholder in the company is DIMENSIONAL FUND ADVISORS LP with over 2.11 million shares valued at $46.11 million. The investor’s holdings represent 8.0523 of the EBF Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 2.1 million shares valued at $46.02 million to account for 8.0381 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.8 million shares representing 6.8632 and valued at over $39.3 million, while ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC holds 6.1153 of the shares totaling 1.6 million with a market value of $35.01 million.
