Ennis (EBF) Stock

MIDLOTHIAN, Texas--(BUSINESS WIRE)--Ennis, Inc. (the “Company”), (NYSE: EBF), today reported financial results for the third quarter ended November 30, 2024. Highlights include: Revenues were $99.8 million for the quarter compared to $104.6 million for the same quarter last year, a decrease of $4.8 million or -4.6%. Earnings per diluted share for the current quarter were $0.39 compared to $0.38 for the comparative quarter last year. Our gross profit margin for the quarter was 29.3% compared to.

Ennis, Inc. offers a compelling investment with a 115-year track record, disciplined capital allocation, and 205 consecutive quarters of dividend payments. The company dominates the oligopolistic trade printing market, benefiting from favorable pricing power and significant barriers to entry. Ennis's NOPAT has grown at 14.4% annually since 2019, supported by robust free cash flow and consistent dividend growth.

MIDLOTHIAN, Texas--(BUSINESS WIRE)--Ennis, Inc. (the “Company”), (NYSE: EBF), today reported financial results for the second quarter ended August 31, 2024. Highlights include: Revenues were $99.0 million for the quarter compared to $106.8 million for the same quarter last year, a decrease of $7.8 million or 7.3%. Earnings per diluted share for the current quarter were $0.40 compared to $0.42 for the comparative quarter last year. Our gross profit margin for the quarter was 30.1% compared to 31.

MIDLOTHIAN, Texas--(BUSINESS WIRE)--Ennis, Inc. (the “Company”), (NYSE: EBF), is pleased to announce its acquisition of Printing Technologies, Inc. (PTI) located in Indianapolis, IN. Founded in 1994, PTI is a leading manufacturer of innovative media solutions used in all types of Printing Technologies including direct thermal, thermal transfer, ink jet, dot matrix and laser. “PTI is a renowned brand with a diverse range of unique products and we are looking forward to leveraging these new capab.

MIDLOTHIAN, Texas--(BUSINESS WIRE)--Ennis, Inc. (the “Company”), (NYSE: EBF), today reported financial results for the first quarter ended May 31, 2024. Highlights include: Revenues were $103.1 million for the quarter compared to $111.3 million for the same quarter last year, a decrease of $8.2 million or 7.4%. Earnings per diluted share for the current quarter were $0.41 compared to $0.45 for the comparative quarter last year. Our gross profit margin for the quarter was 30.0% compared to 30.6%.

Ennis, Inc. demonstrates resilience in the declining commercial printing sector by leveraging its strong financials. The company focuses on stable dividend yield and potential inorganic growth through acquisitions. Ennis maintains a healthy balance sheet and recently acquired Eagle Graphics and Diamond Graphics to augment production capacities.

Ennis, Inc. faces challenges due to the increasing digital transmission of documents, declining demand, and price wars in the industry. The company's acquisition strategy and economies of scale have helped diversify its revenue stream and decrease costs. While Ennis, Inc. has shown resilience in its acquisitions, its fundamentals, such as ROE and gross margins, fall short of expectations, and the company may need to pivot towards digital technology.

Ennis is a profitable company that provides physical solutions for businesses in a digital-dominated era. The company has experienced growth in revenue, profits, and cash flows, with a significant portion of the increase coming from acquisitions. Ennis is attractively priced and a surplus of cash, making it a logical prospect for investors to consider.

Ennis seems like a low-risk investment option in the current economy with a stable and generous dividend yield. The company produces and sells various products in the print industry, mostly office supplies, which have a stable demand throughout different economies. Ennis has a history of stable earnings and a strong financial position, with $100 million in cash and no outstanding interest-bearing debt.