<div id="readability-page-1"><p>Ennis (NYSE:EBF - Get Free Report) issued its quarterly earnings results on Monday. The industrial products company reported $0.42 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.01, RTT News reports. Ennis had a return on equity of 13.99% and a net margin of 10.86%.The business had revenue of $100.17 million for the quarter, compared to analyst estimates of $100.50 million. During the same quarter in the previous year, the firm earned $0.39 earnings per share.</p><h2>Ennis Stock Down 1.9%</h2><p>Shares of EBF opened at $18.06 on Monday. Ennis has a 52-week low of $16.30 and a 52-week high of $22.00. The company has a market capitalization of $462.88 million, a PE ratio of 11.08 and a beta of 0.38. The stock has a fifty day simple moving average of $17.27 and a two-hundred day simple moving average of $17.90. </p><h2>Insider Activity</h2><p>In other news, COO Boyne Wade Brewer purchased 2,000 shares of Ennis stock in a transaction dated Monday, November 3rd. The shares were purchased at an average price of $17.05 per share, with a total value of $34,100.00. Following the transaction, the chief operating officer owned 23,684 shares in the company, valued at $403,812.20. This represents a 9.22% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities &amp; Exchange Commission, which is available at this hyperlink. 3.70% of the stock is owned by corporate insiders. </p><h2>Institutional Trading of Ennis</h2><p>A number of hedge funds and other institutional investors have recently modified their holdings of the business. Creative Planning grew its holdings in shares of  Ennis by 201.7% in the third quarter. Creative Planning now owns 159,412 shares of the industrial products company's stock valued at $2,914,000 after purchasing an additional 106,575 shares in the last quarter.  Goldman Sachs Group Inc. grew its stake in shares of  Ennis by 34.0% in the first quarter. Goldman Sachs Group Inc. now owns 363,680 shares of the industrial products company's stock worth $7,306,000 after acquiring an additional 92,266 shares in the last quarter.  Jacobs Levy Equity Management Inc. raised its stake in shares of  Ennis by 66.2% in the third quarter. Jacobs Levy Equity Management Inc. now owns 157,658 shares of the industrial products company's stock valued at $2,882,000 after acquiring an additional 62,790 shares in the last quarter.  Millennium Management LLC boosted its holdings in  Ennis by 266.7% in the third quarter. Millennium Management LLC now owns 67,963 shares of the industrial products company's stock valued at $1,242,000 after purchasing an additional 49,427 shares during the period.  Finally, Two Sigma Investments LP grew its stake in  Ennis by 28.3% during the 3rd quarter. Two Sigma Investments LP now owns 189,374 shares of the industrial products company's stock worth $3,462,000 after purchasing an additional 41,727 shares in the last quarter. 74.33% of the stock is owned by institutional investors and hedge funds. </p><h2>Analysts Set New Price Targets</h2><p>Several equities analysts recently weighed in on the stock. Weiss Ratings  reiterated a &#34;hold (c-)&#34; rating on shares of Ennis in a report on Thursday, October 30th. Wall Street Zen raised Ennis from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a report on Saturday, October 11th. One research analyst  has rated the stock with a Hold rating,  According to MarketBeat.com, the stock currently has a consensus rating of &#34;Hold&#34;.</p><p><b>Read Our Latest Analysis on Ennis</b></p><h2>About Ennis</h2> (Get Free Report)<p>Ennis, Inc <span>NYSE: EBF<span></span></span> is a provider of print and related products and services designed to meet the needs of businesses and organizations across a variety of industries. Headquartered in Dallas, Texas, Ennis offers business forms, checks, manuals, labels, promotional signage and specialty packaging. The company also delivers e-commerce and software solutions that enable customers to manage orders, customize print jobs and streamline supply-chain processes through its integrated online platform.  </p><p>Ennis's core product offerings include continuous business forms, laser checks and security-enhanced documents, as well as graphic communications materials such as brochures, catalogs and direct-mail collateral.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Ennis</li><li>End of America update</li><li>They Laughed at $30. They Won’t Laugh at $70.</li><li>I Shouldn't Be Sending You This</li><li>How Long Will $1M Last in Retirement?</li><li>Elon Warns “America Is Broke”. Trump’s Plan Inside.</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVCRg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVCRg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Ennis Right Now?</h2><p>Before you consider Ennis, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ennis wasn't on the list.</p><p>While Ennis currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Ennis (NYSE:EBF) reported quarterly earnings of $0.42 per share, surpassing the consensus estimate of $0.41. The company achieved a return on equity of 13.99% and a net margin of 10.86%. Revenue for the quarter was $100.17 million, slightly below analyst expectations of $100.50 million. Ennis's stock opened at $18.06, with a market cap of $462.88 million. Insider activity included COO Boyne Wade Brewer purchasing 2,000 shares. Institutional investors hold 74.33% of the stock.</p>

Ennis (NYSE:EBF) Announces Quarterly Earnings Results