Ennis, Inc (NYSE:EBF) is set to release its quarterly earnings data on September 18th, 2023. The company, based in the United States, specializes in the manufacture and sale of business forms and other business products. It offers a wide range of products including snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure sensitive products under various brands such as Ennis, Royal Business Forms, Block Graphics, and ColorWorx.
The upcoming earnings release for Ennis will provide valuable insights into the company’s financial performance during the quarter. This information is eagerly awaited by investors and analysts as it enables them to assess the current state of the business and make informed investment decisions.
In recent times, several institutional investors and hedge funds have made adjustments to their holdings in Ennis. Swiss National Bank increased its position in Ennis by 7.5% in the first quarter of this year. Similarly, Bank of New York Mellon Corp increased its position by 1.5% during the same period. American Century Companies Inc also saw an increase of 28.2% in its position in Ennis during the first quarter. MetLife Investment Management LLC experienced a significant growth of 55%, while BlackRock Inc saw a modest increase of 0.9% in their ownership stake.
These modifications made by institutional investors indicate confidence in Ennis’ potential for growth and profitability. It is worth noting that over three-quarters of the company’s stock is currently owned by institutional investors.
Overall, Ennis’ quarterly earnings report will shed light on important financial indicators such as revenue generation and profitability levels for investors to evaluate the company’s performance objectively. This information can assist investors in making informed decisions regarding their investment strategies.
It is crucial to closely monitor these earnings releases as they play a vital role in understanding a company’s direction and prospects. Investors and analysts alike will eagerly await Ennis’ forthcoming report to gain insight into the company’s financial health and potential for future growth.
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Ennis, Inc Reports Strong Financial Performance and Growth Potential
Ennis, Inc, a prominent industrial products company traded on the New York Stock Exchange (NYSE:EBF), recently released its earnings report for the quarter ending on June 19th. The company reported earnings per share of $0.45, demonstrating its solid financial performance. Ennis also achieved a net margin of 10.86% and a return on equity of 13.06% during this period. Additionally, it generated revenue of $111.29 million.
Examining Ennis’s stock performance, shares opened at $21.00 on Friday with a twelve-month low of $18.94 and a twelve-month high of $23.48. Despite fluctuations in the market, Ennis has maintained stability with a fifty-day simple moving average of $21.30 and a two hundred-day simple moving average of $20.77.
As an industrial products manufacturer, Ennis specializes in producing business forms and other business-related products within the United States market. Its diverse product portfolio includes snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure-sensitive solutions under various renowned brands such as Ennis, Royal Business Forms, Block Graphics, 360º Custom Labels, ColorWorx, Enfusion, Uncompromised Check Solutions, VersaSeal, Ad Concepts, FormSource Limited,
Star Award Ribbon Company,
Witt Printing,
B&D Litho,
Genforms,
PrintGraphics,
Calibrated Forms,
PrintXcel,
Printegra,
Forms Manufacturers,
Mutual Graphics,
TRI-C Business Forms,
Major Business Systems,
Independent Printing,
Hoosier Data Forms,
Hayes Graphics,
Wright Business Graphics,
Wright 360 ,
Integrated Print & Graphics ,
the Flesh Company ,
Impressions Direct ,
and AmeriPrint.
Ennis’s impressive performance has not gone unnoticed by industry experts either – StockNews.com recently began covering Ennis and assigned a “strong-buy” rating on the stock. This recognition further solidifies Ennis’s position in the market.
In conclusion, Ennis, Inc’s earnings report showcases its strong financial performance and growth potential within the industrial products sector. With its diverse product offerings and recognition from industry experts, Ennis certainly proves to be a company worth keeping an eye on for investors and stakeholders alike.
To learn more about Ennis’s latest developments and achievements, please refer to our comprehensive latest report on EBF.