Alert: Rating Upgrade (8/23/24)-Ennis Inc (NYSE: EBF).

Stock Rating Upgrade

The Value Trend Rating for Ennis Inc (NYSE: EBF) improved in recent days from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.

Recent Price Action

Ennis Inc (NYSE: EBF) stock closed at $23.30 on 8/23/24 after a large increase of 2.0%. NORMAL trading volume accompanied the advance. The stock has risen 2.2% during the last week and has performed in line with the market over the last nine months.

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 C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Ennis has a slightly negative Appreciation Score of 33 and a neutral Power Rating of 54, resulting in the Low Neutral Value Trend Rating.