Alert: New Earnings Report (6/17/24)-Ennis Inc (NYSE: EBF).


Ennis Inc (NYSE: EBF) has reported earnings for its first fiscal quarter (ending May 31) of $0.41 versus $0.45 for the same period a year ago. For the latest four quarters through May 31, E.P.S. were $1.60 compared to $1.83 a year ago.

Recent Price Action

Ennis Inc (NYSE: EBF) stock closed at $21.67 on 6/17/24 after a large increase of 3.7%. This advance was accompanied by normal trading volume. Relative to the market the stock has been weak over the last nine months but has risen 3.9% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, EBF is expected to continue to be a Value Builder.

Ennis has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Ennis has a slightly negative Appreciation Score of 35 and a very low Power Rating of 13, producing the Lowest Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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