Ennis Inc (NYSE: EBF) has reported E.P.S. of $0.40 for its second fiscal quarter (ending August 31) versus $0.42 for the same period a year ago — a decline of -5%. E.P.S. were $1.58 for the latest four quarters through August 31 versus $1.78 for the same period a year ago — a decline of -11%.
Recent Price Action
On 9/23/24, Ennis Inc (NYSE: EBF) stock enjoyed a large increase of 2.8%, closing at $24.64. Moreover, trading volume in this advance was unusually high at 187% of normal. The stock has risen 4.5% during the last week and has been strong relative to 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 (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Ennis has a slightly negative Appreciation Score of 33 but a good Power Rating of 78, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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