Profile
Sector:
IndustrialsIndustry:
Business Equipment & SuppliesCountry:
United StatesIPO:
17 March 1980Website:
http://www.ennis.comNext earnings report:
18 December 2024Last dividends:
11 October 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 21:39:14 GMTAnalysts recommendations
Institutional Ownership
EBF Latest News
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.
Ennis is growing through strategic acquisitions to expand its product lines and geographical footprint. The company's Q1 2023 report shows a 3% YoY revenue increase to $111.3 million, with recent acquisitions contributing to this growth. The company's balance sheet shows no debt and a healthy cash reserve. Despite the industry's decline, Ennis maintains a stable position and has announced a dividend of $0.25 per share for shareholders who invest by July 6, 2023.
What type of business is Ennis?
Ennis, Inc. manufactures and sells business forms and other business products in the United States. The company offers snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure sensitive products under the 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, AmeriPrint, Stylecraft, UMC Print; Eagle Graphics, and Diamond Graphics brands. It also provides point of purchase advertising under the Adams McClure brand name; presentation and document folders under the Admore, Folder Express, and Independent Folders brands; and custom printed, high-performance labels, and custom and stock tags under the Ennis Tag & Label brand name. In addition, the company offers custom and stock tags and labels under the Allen-Bailey Tag & Label, Atlas Tag & Label, Kay Toledo Tag, and Special Service Partners brands; custom and imprinted envelopes under the Trade Envelopes, Block Graphics, Wisco, and National Imprint Corporation brands; and financial and security documents under the Northstar and General Financial Supply brands; and custom and stock pressure seal documents under the Infoseal and PrintXcel brands. It distributes business products and forms through business forms distributors, resellers, direct mail, commercial printers, fulfillment companies, software companies, and advertising agencies. The company was formerly known as Ennis Business Forms, Inc. Ennis, Inc. was incorporated in 1909 and is headquartered in Midlothian, Texas.
What sector is Ennis in?
Ennis is in the Industrials sector
What industry is Ennis in?
Ennis is in the Business Equipment & Supplies industry
What country is Ennis from?
Ennis is headquartered in United States
When did Ennis go public?
Ennis initial public offering (IPO) was on 17 March 1980
What is Ennis website?
https://www.ennis.com
Is Ennis in the S&P 500?
No, Ennis is not included in the S&P 500 index
Is Ennis in the NASDAQ 100?
No, Ennis is not included in the NASDAQ 100 index
Is Ennis in the Dow Jones?
No, Ennis is not included in the Dow Jones index
When was Ennis the previous earnings report?
No data
When does Ennis earnings report?
The next expected earnings date for Ennis is 18 December 2024