Ultime notizie per Ennis (NYSE:EBF) Azioni

Ennis

Ennis Inc is a manufacturer and supplier of print products for the wholesale trade. The company's products include advertising specialities, business forms and supplies, commercial printing, eCommerce solutions, envelopes, labels and tags, and folders and packaging. Its products include snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure-sensitive products in short, medium and long runs under the following labels: Ennis, Royal Business Forms, Block Graphics, 360º Custom LabelsSM, ColorWorx, Enfusion, among others.

Ennis Inc

ECO BRIGHT FUTURE by Eco Bright Future, Inc.

Eco Bright Future Inc

<h3>Gainers</h3>
<ul>
<li>ATIF Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATIF#NASDAQ">ATIF</a>) shares increased by 75.6% to $1.37 during Friday's regular session. The market value of their outstanding shares is at $16.3 million. </li>
<li>Simpple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPPL#NASDAQ">SPPL</a>) stock rose 23.26% to $0.52. The market value of their outstanding shares is at $8.3 million. </li>
<li>Jet AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JTAI#NASDAQ">JTAI</a>) shares rose 21.29% to $0.1. The company's market cap stands at $2.4 million. </li>
<li>Stem (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STEM#NYSE">STEM</a>) stock rose 16.7% to $0.58. The market value of their outstanding shares is at $93.1 million. </li>
<li>Amprius Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMPX#NYSE">AMPX</a>) shares rose 16.08% to $1.33. The market value of their outstanding shares is at $148.2 million. </li>
<li>Knightscope (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KSCP#NASDAQ">KSCP</a>) stock moved upwards by 15.59% to $7.75. The company's market cap stands at $23.6 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Baiyu Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYU#NASDAQ">BYU</a>) stock fell 33.7% to $0.31 during Friday's regular session. The market value of their outstanding shares is at $15.3 million. </li>
<li>Turbo Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TURB#NASDAQ">TURB</a>) shares declined by 28.72% to $2.16. The market value of their outstanding shares is at $23.7 million. </li>
<li>Ambipar Emergency (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/AMBI#AMEX">AMBI</a>) stock fell 28.19% to $4.0. The company's market cap stands at $221.7 million. </li>
<li>Surf Air Mobility (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRFM#NYSE">SRFM</a>) stock decreased by 25.7% to $2.43. The market value of their outstanding shares is at $31.1 million. </li>
<li>Team (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TISI#NYSE">TISI</a>) shares declined by 15.55% to $21.24. The market value of their outstanding shares is at $93.9 million. </li>
<li>Ennis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBF#NYSE">EBF</a>) shares fell 14.46% to $20.62. The company's market cap stands at $536.3 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

AMBI

AMPX

ATIF

JTAI

KSCP

SPPL

SRFM

STEM

TISI

TURB

12 Industrials Stocks Moving In Friday's Intraday Session

<h3>Gainers</h3>
<ul>
<li>Jet AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JTAI#NASDAQ">JTAI</a>) shares moved upwards by 21.9% to $0.1 during Friday's pre-market session. The company's market cap stands at $2.4 million. </li>
<li>Amprius Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMPX#NYSE">AMPX</a>) shares moved upwards by 8.65% to $1.25. The company's market cap stands at $138.7 million. </li>
<li>Intelligent Living (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILAG#NASDAQ">ILAG</a>) shares increased by 8.11% to $1.09. The market value of their outstanding shares is at $19.6 million. </li>
<li>Turbo Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TURB#NASDAQ">TURB</a>) shares moved upwards by 7.92% to $3.27. The company's market cap stands at $36.0 million. </li>
<li>Uber Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) stock increased by 5.4% to $82.13. The market value of their outstanding shares is at $172.5 billion. </li>
<li>ESGL Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ESGL#NASDAQ">ESGL</a>) stock moved upwards by 5.27% to $2.21. The company's market cap stands at $88.9 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>noco-noco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCNC#NASDAQ">NCNC</a>) stock declined by 22.9% to $0.09 during Friday's pre-market session. The market value of their outstanding shares is at $15.9 million. </li>
<li>A.O. Smith (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AOS#NYSE">AOS</a>) stock decreased by 10.41% to $77.28. The company's market cap stands at $11.2 billion. </li>
<li>Ennis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBF#NYSE">EBF</a>) shares decreased by 8.76% to $22.0. The company's market cap stands at $572.0 million. </li>
<li>Quhuo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QH#NASDAQ">QH</a>) stock declined by 6.09% to $1.39. The company's market cap stands at $124.6 million. </li>
<li>Nature's Miracle Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NMHI#NASDAQ">NMHI</a>) stock decreased by 5.83% to $0.16. The company's market cap stands at $5.0 million. </li>
<li>Surf Air Mobility (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRFM#NYSE">SRFM</a>) stock declined by 5.51% to $3.09. The market value of their outstanding shares is at $39.6 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ESGL

ILAG

NCNC

NMHI

UBER

12 Industrials Stocks Moving In Friday's Pre-Market Session

On September 20, 2024 the Board of Directors declared a quarterly cash dividend of 25.0 cents per share on the Company's common stock. The Board of Directors also approved a one-time special dividend of $2.50 per share.&nbsp;

News

Dividends

Ennis, Inc Declares $0.25 Quarterly Dividend, Approves Special $2.50 Payout

Earnings

Earnings Misses

Ennis Q2 2024 GAAP EPS $0.40 Misses $0.42 Estimate, Sales $99.038M Miss $104.580M Estimate

Ennis, Inc. (the "Company"), (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBF#NYSE">EBF</a>), 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.

Ennis Acquires Printing Technologies, Inc.; No Financial Terms Disclosed

Ennis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBF#NYSE">EBF</a>) reported quarterly earnings of $0.41 per share which beat the analyst consensus estimate of $0.36 by 13.89 percent. This is a 8.89 percent decrease over earnings of $0.45 per share from the same period last year. The company reported quarterly sales of $103.11 million which beat the analyst consensus estimate of $100.85 million by 2.24 percent. This is a 7.36 percent decrease over sales of $111.29 million the same period last year.

Ennis Q1 EPS $0.41 Beats $0.36 Estimate, Sales $103.11M Beat $100.85M Estimate

Ennis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBF#NYSE">EBF</a>) reported quarterly earnings of $0.39 per share which met the analyst consensus estimate. This is a 30 percent increase over earnings of $0.30 per share from the same period last year. The company reported quarterly sales of $97.43 million which missed the analyst consensus estimate of $101.40 million by 3.91 percent. This is a 5.12 percent decrease over sales of $102.69 million the same period last year.

Ennis Q4 EPS $0.39, Inline, Sales $97.43M Miss $101.40M Estimate

Tuesday marks the last chance for investors to receive the next dividend payout from Ennis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBF#NYSE">EBF</a>). 
<h3>What's Happening</h3>
The company announced on Wednesday that it would pay shareholders a quarterly dividend of 25 cents per share. On Wednesday, Ennis will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 25 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own EBF as of the end of Tuesday's session are eligible to receive the 25 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on February 01, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/quote/EBF">See current stock movements Ennis on Benzinga.</a>

Tuesday Is Your Last Chance To Buy Ennis Before The Dividend Payout

Ennis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBF#NYSE">EBF</a>) reported its Q3 earnings results on Monday, December 18, 2023 at 06:00 AM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Ennis missed estimated earnings by 9.52%, reporting an EPS of $0.38 versus an estimate of $0.42.
Revenue was down $5.62 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company beat on EPS by $0.02 which was followed by a 1.58% drop in the share price the next day.

&#x2A;&#x2A; Listen to the earnings announcement yourself by <a href="">clicking here</a>. &#x2A;&#x2A;
To track all earnings releases for Ennis <a href="https://www.benzinga.com/quote/EBF/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Ennis: Q3 Earnings Insights

Ennis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBF#NYSE">EBF</a>) reported quarterly earnings of $0.38 per share which missed the analyst consensus estimate of $0.42 by 9.52 percent. This is a 13.64 percent decrease over earnings of $0.44 per share from the same period last year. The company reported quarterly sales of $104.62 million which beat the analyst consensus estimate of $102.40 million by 2.17 percent. This is a 5.10 percent decrease over sales of $110.25 million the same period last year.

Ennis Q3 EPS $0.38 Misses $0.42 Estimate, Sales $104.62M Beat $102.40M Estimate

By the close of today, November 03, 2023, Ennis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBF#NYSE">EBF</a>) will issue a dividend payout of $0.25 per share, resulting in an annualized dividend yield of 4.73%. Only those investors who owned the stock prior to the ex-dividend date on October 05, 2023 will receive this payout.
<h3>Ennis Recent Dividend Payouts</h3>
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<tr>
<th>Ex-Date</th>
<th style="text-align: right;">Payments per year</th>
<th>Dividend</th>
<th>Yield</th>
<th>Announced</th>
<th>Record</th>
<th>Payable</th>
</tr>
</thead>
<tbody>
<tr>
<td>2023-10-05</td>
<td style="text-align: right;">4</td>
<td>$0.25</td>
<td>4.73%</td>
<td>2023-09-15</td>
<td>2023-10-06</td>
<td>2023-11-03</td>
</tr>
<tr>
<td>2023-07-06</td>
<td style="text-align: right;">4</td>
<td>$0.25</td>
<td>4.86%</td>
<td>2023-06-16</td>
<td>2023-07-07</td>
<td>2023-08-07</td>
</tr>
<tr>
<td>2023-04-14</td>
<td style="text-align: right;">4</td>
<td>$0.25</td>
<td>4.79%</td>
<td>2023-03-27</td>
<td>2023-04-17</td>
<td>2023-05-08</td>
</tr>
<tr>
<td>2023-01-04</td>
<td style="text-align: right;">4</td>
<td>$0.25</td>
<td>4.3%</td>
<td>2022-12-15</td>
<td>2023-01-05</td>
<td>2023-02-02</td>
</tr>
<tr>
<td>2022-10-06</td>
<td style="text-align: right;">4</td>
<td>$0.25</td>
<td>4.99%</td>
<td>2022-09-16</td>
<td>2022-10-07</td>
<td>2022-11-04</td>
</tr>
<tr>
<td>2022-07-07</td>
<td style="text-align: right;">4</td>
<td>$0.25</td>
<td>5.96%</td>
<td>2022-06-17</td>
<td>2022-07-08</td>
<td>2022-08-08</td>
</tr>
<tr>
<td>2022-04-14</td>
<td style="text-align: right;">4</td>
<td>$0.25</td>
<td>5.41%</td>
<td>2022-03-28</td>
<td>2022-04-18</td>
<td>2022-05-09</td>
</tr>
<tr>
<td>2022-01-05</td>
<td style="text-align: right;">4</td>
<td>$0.25</td>
<td>5.17%</td>
<td>2021-12-16</td>
<td>2022-01-06</td>
<td>2022-02-03</td>
</tr>
<tr>
<td>2021-10-07</td>
<td style="text-align: right;">4</td>
<td>$0.25</td>
<td>5.46%</td>
<td>2021-09-17</td>
<td>2021-10-08</td>
<td>2021-11-05</td>
</tr>
<tr>
<td>2021-07-08</td>
<td style="text-align: right;">4</td>
<td>$0.25</td>
<td>4.91%</td>
<td>2021-04-20</td>
<td>2021-07-09</td>
<td>2021-08-09</td>
</tr>
<tr>
<td>2021-04-09</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>4.23%</td>
<td>2021-03-22</td>
<td>2021-04-12</td>
<td>2021-05-03</td>
</tr>
<tr>
<td>2021-01-06</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>5.08%</td>
<td>2020-12-17</td>
<td>2021-01-07</td>
<td>2021-02-04</td>
</tr>
</tbody>
</table>
<h3>Analyzing Ennis Financial Health</h3>
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. 
<h3>YoY Growth in Dividend Per Share</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1699023926_0.png" alt="dividend chart graph" />
The company demonstrated a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $0.90 to $1.00. This signifies the company's commitment to consistently increasing shareholder dividends.
<h3>YoY Earnings Growth For Ennis</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1699023926_1.png" alt="earning chart graph" />
The earnings chart illustrates an increase in Ennis's earnings per share, from $1.47 in 2019 to $1.62 in 2022. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
<h3>Recap</h3>
In this article, we delve into Ennis's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.25 per share today, resulting in an annualized dividend yield of 4.73%.
The increase in both dividend per share and earnings per share from 2019 to 2022 for Ennis indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.
Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.
\To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Ennis Delivers Strong Performance and Growing Profits, Elevating Investor Returns

<a href="https://www.ennis.com/2023/10/13/ennis-acquires-eagle-graphics-inc-and-diamond-graphics-inc/" title="https://www.ennis.com/2023/10/13/ennis-acquires-eagle-graphics-inc-and-diamond-graphics-inc/">https://www.ennis.com/2023/10/13/ennis-acquires-eagle-graphics-inc-and-diamond-graphics-inc/</a>
&nbsp;
Ennis, Inc. (the "Company"), (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBF#NYSE">EBF</a>), is pleased to announce its acquisition of Eagle Graphics, Inc. from Annville, PA and Diamond Graphics, Inc. from Bensalem, PA.
Since 1976, Eagle Graphics has specialized in fulfilling the commercial printing needs of its customers. Some of Eagle Graphics capabilities include 8-color UV web printing, digital printing, security printing, jumbo rolls, traditional forms and direct mail.
Diamond Graphics, founded in 1999, specializes in Direct Mail printing and has a combination of presses that allow for flexibility. Diamond is known for their Direct Mail printing and the high-volume padding done for the non-profit industry.
"I want to welcome the employees and customers of Eagle Graphics and Diamond Graphics to the Ennis family," said Keith Walters, Chairman, President &amp; CEO of Ennis, Inc. "Eagle and Diamond are well known brands that will grow our Pennsylvania presence along with National Imprint (NIC).&nbsp; These companies will strengthen our production capabilities to serve our large and growing customer base in the Northeast part of the country."
For more information regarding Eagle Graphics, call 800.441.8198 or visit <a href="https://eaglegraphic.com/">eaglegraphic.com</a>. Call 610.269.7010 or visit diamondgraphicsprint.com to learn more about <a href="http://diamondgraphicsprint.com/">Diamond Graphics</a>.

Ennis Acquires Eagle Graphics, Inc. And Diamond Graphics, Inc.; No Financial Terms Disclosed

Ennis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBF#NYSE">EBF</a>) reported quarterly earnings of $0.42 per share which beat the analyst consensus estimate of $0.40 by 5 percent. This is a 10.64 percent decrease over earnings of $0.47 per share from the same period last year. The company reported quarterly sales of $106.76 million which beat the analyst consensus estimate of $104.88 million by 1.79 percent. This is a 4.02 percent decrease over sales of $111.23 million the same period last year.

Ennis Q2 EPS $0.42 Beats $0.40 Estimate, Sales $106.76M Beat $104.88M Estimate

At the end of August 07, 2023, Ennis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBF#NYSE">EBF</a>) will reward its shareholders with a dividend payout of $0.25 per share, demonstrating an annualized dividend yield of 4.86%. Remember, only investors who held the stock before the ex-dividend date on July 06, 2023 will receive this payout.
<h3>Ennis Recent Dividend Payouts</h3>
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<thead>
<tr>
<th>Ex-Date</th>
<th align="right">Payments per year</th>
<th>Dividend</th>
<th>Yield</th>
<th>Announced</th>
<th>Record</th>
<th>Payable</th>
</tr>
</thead>
<tbody>
<tr>
<td>2023-07-06</td>
<td align="right">4</td>
<td>$0.25</td>
<td>4.86%</td>
<td>2023-06-16</td>
<td>2023-07-07</td>
<td>2023-08-07</td>
</tr>
<tr>
<td>2023-04-14</td>
<td align="right">4</td>
<td>$0.25</td>
<td>4.79%</td>
<td>2023-03-27</td>
<td>2023-04-17</td>
<td>2023-05-08</td>
</tr>
<tr>
<td>2023-01-04</td>
<td align="right">4</td>
<td>$0.25</td>
<td>4.3%</td>
<td>2022-12-15</td>
<td>2023-01-05</td>
<td>2023-02-02</td>
</tr>
<tr>
<td>2022-10-06</td>
<td align="right">4</td>
<td>$0.25</td>
<td>4.99%</td>
<td>2022-09-16</td>
<td>2022-10-07</td>
<td>2022-11-04</td>
</tr>
<tr>
<td>2022-07-07</td>
<td align="right">4</td>
<td>$0.25</td>
<td>5.96%</td>
<td>2022-06-17</td>
<td>2022-07-08</td>
<td>2022-08-08</td>
</tr>
<tr>
<td>2022-04-14</td>
<td align="right">4</td>
<td>$0.25</td>
<td>5.41%</td>
<td>2022-03-28</td>
<td>2022-04-18</td>
<td>2022-05-09</td>
</tr>
<tr>
<td>2022-01-05</td>
<td align="right">4</td>
<td>$0.25</td>
<td>5.17%</td>
<td>2021-12-16</td>
<td>2022-01-06</td>
<td>2022-02-03</td>
</tr>
<tr>
<td>2021-10-07</td>
<td align="right">4</td>
<td>$0.25</td>
<td>5.46%</td>
<td>2021-09-17</td>
<td>2021-10-08</td>
<td>2021-11-05</td>
</tr>
<tr>
<td>2021-07-08</td>
<td align="right">4</td>
<td>$0.25</td>
<td>4.91%</td>
<td>2021-04-20</td>
<td>2021-07-09</td>
<td>2021-08-09</td>
</tr>
<tr>
<td>2021-04-09</td>
<td align="right">4</td>
<td>$0.23</td>
<td>4.23%</td>
<td>2021-03-22</td>
<td>2021-04-12</td>
<td>2021-05-03</td>
</tr>
<tr>
<td>2021-01-06</td>
<td align="right">4</td>
<td>$0.23</td>
<td>5.08%</td>
<td>2020-12-17</td>
<td>2021-01-07</td>
<td>2021-02-04</td>
</tr>
<tr>
<td>2020-10-08</td>
<td align="right">4</td>
<td>$0.23</td>
<td>5.06%</td>
<td>2020-09-18</td>
<td>2020-10-09</td>
<td>2020-11-06</td>
</tr>
</tbody>
</table>
<h3>Analyzing Ennis Financial Health</h3>
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. 
<h3>YoY Growth in Dividend Per Share</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1691420736_0.png" alt="dividend chart graph" />
During the period of 2019 to 2022, the company experienced a notable growth in its dividend per share. The dividend per share increased from $0.90 to $1.00, reflecting the company's focus on providing greater returns to its shareholders.
<h3>YoY Earnings Growth For Ennis</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1691420736_1.png" alt="earning chart graph" />
The earnings chart illustrates an increase in Ennis's earnings per share, from $1.47 in 2019 to $1.62 in 2022. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
<h3>Recap</h3>
This article takes an in-depth look at Ennis's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.25 per share today, translating to an annualized dividend yield of 4.86%.
The increase in both dividend per share and earnings per share from 2019 to 2022 for Ennis indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
\To read more news on Ennis <a href="https://www.benzinga.com/stock//">click here</a>
<a href="https://www.benzinga.com/calendars/dividends">Click here</a> to visit our Dividends Calendar. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Sustaining Growth Momentum: Ennis Continues to Excel and Reports Rising Profits

DSS, Inc. (NYSE American: <a class="ticker" href="https://www.benzinga.com/stock/dss#NYSE American">DSS</a>), a multinational company operating through strategic acquisitions and business development, released its <a href="https://www.benzinga.com/pressreleases/23/05/g32420977/dss-inc-reports-earnings-results-for-the-first-quarter-ended-march-31-2023">financial results for the first quarter of 2023</a>. The company, which <a href="https://www.benzinga.com/news/23/03/31236155/this-mini-berkshire-hathaway-style-companys-strategy-of-building-and-spinning-off-companies-is-givin">operates nine business divisions and 40 subsidiaries</a>, reported a significant reduction in operating losses and continued operations optimization.
The quarter&rsquo;s biggest news, however, came from DSS&rsquo;s most established business segment&ndash; product packaging. The company&rsquo;s Premier Packaging unit saw a 72% revenue increase compared to the same period in 2022. The increase was likely largely a result of the company&rsquo;s capital investment in state-of-the-art equipment and facilities which expanded capacity and enhanced operational efficiency.&nbsp;
With these revenue results, DSS looks to be positioning itself and <a href="https://www.dssworld.com/premier-packaging/">its wholly-owned subsidiary, Premier Packaging Corporation</a>, in a sector with growth potential. The <a href="https://www.alliedmarketresearch.com/packaging-and-protective-packaging-market">global packaging and protective packaging market was worth $1 trillion in 2021</a> and is predicted to reach $1.5 trillion by 2031, growing at a compound annual growth rate (CAGR) of 4.3% during the forecast period. Other companies in the printing and distribution sector include Shapeway Holdings Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/shpw#NYSE">SHPW</a>) and Ennis Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ebf#NYSE">EBF</a>). Significantly for Premier Packaging is the packaging industry&rsquo;s migration from plastics to fiber packaging, which is 100% of Premier&rsquo;s product mix. The company seems to be benefiting from huge market demand&nbsp;for highly decorative and branded secondary packaging&ndash; a key strength in Premier&rsquo;s&nbsp;business plan.
The company reports that its top-tier solutions provide a comprehensive packaging service, and its scalable model means it can fulfill any size order from any size company.
<a href="https://premierpackagingcorp.com/">Read more about DSS&rsquo;s Premier Packaging solution here.</a>
<h2>Zacks SCR Analyst Predicts DSS Stock Price Has Potential To Increase By A Triple-Digit Percentage</h2>
In its Q1 financial report, DSS also announced that operational loss decreased by 24% for Q1 of 2023 vs. Q1 of 2022. Total costs and expenses had also been reduced by 16% year-over-year (YoY), and net cash increased by investment activity by 115% YoY.
Following the Q1 financial statement, a report was issued by Zacks Small Cap Research (SCR), a division of Zacks Investment Research. Zacks estimates that DSS&rsquo;s stock price <a href="https://s27.q4cdn.com/906368049/files/News/2023/Zacks_SCR_Research_05172023_DSS_Thompson.pdf">has the potential to increase from its present value of $0.37 (as of 7/7/23) to $1.50</a>.
Zacks SCR credits DSS&rsquo;s growth into a multi-industry company with its strong record of opportune acquisitions. In its research report, the analyst also highlighted the strong revenue performance of Premier Packaging Corporation, as well as an upcoming biopharma spin-off which should raise $30 to $50 million through its initial public offering (IPO). DSS is <a href="https://www.benzinga.com/general/biotech/23/03/31507945/impact-biomedical-preparing-a-potential-spinoff-what-does-this-mean-for-investors-of-holding-comp">preparing for the spin-off of biopharma Impact BioMedical</a>, where a successful spin-off could result in growth for the company as a whole.
DSS&rsquo;s goals for 2023 involve doubling down on its positive results from the Q1 report. The company is maintaining a key strategic focus on ramping up revenue and customer diversification in the Premier Packaging division. Subsequent to the 1Q report, DSS has also announced the spinoff of its <a href="https://www.impactbiomedinc.com/">Impact BioMedical</a> subsidiary to DSS shareholders, highlighting DSS&rsquo;s innovative business plan of periodically distributing stock dividends to its shareholders. Jason Grady, COO of DSS, said, &ldquo;We continue to execute our business plan of incubating promising businesses to build shareholder value, either through the distribution of a stock dividend in a spinoff or adding a separately traded equity to our balance sheet.&rdquo;&nbsp;&nbsp;
DSS, Inc. appears to have the potential to reward investors with improving fundamentals at the current low market valuation and the beginning of a stock dividend plan as subsidiaries are prepared for eventual spinoff to DSS shareholders.
<a href="https://www.dssworld.com/">Learn more about what DSS, Inc. is doing to support and spin off businesses</a>.&nbsp;
Featured photo by <a href="https://www.pexels.com/photo/black-blue-and-red-graph-illustration-186461/">Burak The Weekender</a> on Pexels.&nbsp;
This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice

Penny Stocks

Small Cap

SHPW

Revenue Increased 72% In Q1 2023 For Premier Packaging Corporation, A DSS, Inc. (NYSE: DSS) Wholly Owned Subsidiary

Wednesday marks the last chance for investors to receive the next dividend payout from Ennis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBF#NYSE">EBF</a>). 
<h3>What's Happening</h3>
The company announced on Friday that it would pay shareholders a quarterly dividend of 25 cents per share. On Thursday, Ennis will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 25 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own EBF as of the end of Wednesday's session are eligible to receive the 25 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on August 07, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/stock//dividends">Click here</a> to find details on Ennis's previous dividends.
To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

Wednesday Is Your Last Chance To Buy Ennis Before The Dividend Payout

<h3>Gainers</h3>
<ul>
<li>VCI Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VCIG#NASDAQ">VCIG</a>) shares moved upwards by 31.4% to $3.72 during Tuesday's pre-market session. The market value of their outstanding shares is at $136.9 million. </li>
<li>Recruiter.Com Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCRT#NASDAQ">RCRT</a>) stock increased by 15.91% to $0.29. The market value of their outstanding shares is at $5.0 million. </li>
<li>Nikola (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKLA#NASDAQ">NKLA</a>) shares rose 10.08% to $1.31. The market value of their outstanding shares is at $938.9 million. </li>
<li>voxeljet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VJET#NASDAQ">VJET</a>) shares rose 10.05% to $2.19. The market value of their outstanding shares is at $20.0 million. </li>
<li>Ennis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBF#NYSE">EBF</a>) shares rose 7.93% to $22.17. The company's market cap stands at $573.1 million. </li>
<li>Ideanomics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDEX#NASDAQ">IDEX</a>) stock moved upwards by 6.92% to $0.09. The market value of their outstanding shares is at $71.1 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Dragonfly Energy Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DFLI#NASDAQ">DFLI</a>) stock fell 36.2% to $1.78 during Tuesday's pre-market session. The market value of their outstanding shares is at $81.6 million. </li>
<li>Sarcos Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STRC#NASDAQ">STRC</a>) stock declined by 14.57% to $0.41. The market value of their outstanding shares is at $63.2 million. </li>
<li>NeoVolta (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEOV#NASDAQ">NEOV</a>) shares declined by 12.28% to $3.86. The market value of their outstanding shares is at $127.9 million. </li>
<li>374Water (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCWO#NASDAQ">SCWO</a>) shares declined by 8.48% to $3.13. The company's market cap stands at $403.8 million. </li>
<li>Caravelle International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CACO#NASDAQ">CACO</a>) shares decreased by 7.68% to $0.54. The market value of their outstanding shares is at $28.4 million. </li>
<li>Intelligent Living (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILAG#NASDAQ">ILAG</a>) stock decreased by 6.03% to $1.05. The market value of their outstanding shares is at $18.9 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CACO

DFLI

IDEX

NEOV

NKLA

RCRT

SCWO

STRC

VCIG

VJET

12 Industrials Stocks Moving In Tuesday's Pre-Market Session

Ennis, Inc. (the &quot;Company&quot;), (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBF#NYSE">EBF</a>), announced its acquisition of the operating assets of UMC Print in Overland Park, Kansas. UMC Print has been a leading trade-only printer and provider of commercial printing services since 1936. As one of the largest sheet-fed commercial printers in the area, UMC Print&#39;s capabilities serve a wide range of distributors and trade sales organizations throughout the Midwest and beyond.
&quot;The addition of UMC Print continues our commitment to adding strategic locations &amp; capabilities to drive growth with our distributor partners,&quot; said Keith Walters, Chairman, President &amp; CEO of Ennis, Inc. &quot;For more than 85 years UMC Print has been serving this same industry. Their expansive capabilities are in demand by our customers as well as our recent acquisition School Photo Marketing.&quot;
Upon closing, UMC Print will continue its normal operations at its current location in Overland Park, KS and can be reached at 800.524.5860 or&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fumcprint.com%2F&amp;esheet=53412746&amp;newsitemid=20230602005275&amp;lan=en-US&amp;anchor=umcprint.com&amp;index=1&amp;md5=25e548b2ae5373906d56527a9c473dd5">umcprint.com</a>.

Ennis, Inc. Acquires UMC Print; No Financial Terms Disclosed

Ennis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBF#NYSE">EBF</a>) reported quarterly earnings of $0.47 per share. This is a 80.77 percent increase over earnings of $0.26 per share from the same period last year. The company reported $102.69 million in sales this quarter. This is a 3.04 percent increase over sales of $99.67 million the same period last year.

Ennis Q4 EPS $0.47 Up From $0.26 YoY, Sales $102.69M Up From $99.67M YoY

Legal

Ennis Announces Verdict In Lawsuit Against Wright Printing Company; Jury Rendered Unanimous Verdict Against Wright Printing, Co. Owner, And CEO For Total Of $5M

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Ennis (NYSE:<a href="https://investorplace.com/stock-quotes/ebf-stock-quote/">EBF</a>) just reported results for the first quarter of 2024.<ul><li>Ennis reported earnings per share of 41 cents. This was above the analyst estimate for EPS of 36 cents.</li><li>The company reported revenue of $103.11 million.</li><li>This was 2.24% better than the analyst estimate for revenue of $100.85 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/06/ebf-stock-earnings-ennis-for-q1-of-2024/">EBF Stock Earnings: Ennis Beats EPS, Beats Revenue for Q1 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

EBF Stock Earnings: Ennis Beats EPS, Beats Revenue for Q1 2024

Ennis: Assessing If A Technical Breakout Is On The Cards

While Procter & Gamble (PG) topped earnings estimates for the third quarter, the company's net sales disappointed. Despite its mixed quarterly results, the consumer giant increased its full-year outlook for earnings growth. With a track record of 68 consecutive years of dividend increases, should you consider investing in PG now? Read more to find out… Valued at a $396.41 billion market cap, The Procter &amp; Gamble Company (<a href="https://stocknews.com/stock/PG/">PG</a>) offers branded consumer packaged goods globally. It operates through Beauty; Grooming; Health Care; Fabric &amp; Home Care; and Baby, Feminine &amp; Family Care segments. The company reported mixed results in the third quarter of fiscal 2024.
Procter &amp; Gamble reported <a href="https://pginvestor.com/financial-reporting/press-releases/news-details/2024/PG-Announces-Fiscal-Year-2024-Third-Quarter-Results/default.aspx">third-quarter earnings per share of $1.52</a>, beating the analysts' estimate of $1.41. However, the company's net sales of $20.20 billion slightly missed the consensus estimates of $20.44 billion. Net sales for Beauty, Grooming, Health Care, and Fabric &amp; Home Care segments grew by 2%, 3%, 2%, and 2% year-over-year, respectively.
However, the company's Baby, Feminine &amp; Family Care segment experienced a 2% decrease in net sales year-over-year.
Also, during the third quarter, PG returned $3.3 billion of cash to shareowners, comprising around $2.3 billion in dividend payments and $1 billion of share repurchases. Earlier in April, the declared dividend rise marked the 68th consecutive year of dividend hikes and the 134th consecutive year that P&amp;G has paid a dividend since its incorporation in 1890.
Jon Moeller, Chairman of the Board, President, and CEO of PG, said, "We delivered solid sales and strong earnings growth in the third quarter despite multiple headwinds, enabling us to raise our EPS growth guidance and maintain our top-line outlook for the fiscal year."
For the fiscal year 2024, PG expects a 2% to 4% year-over-year increase in sales growth. The company raised its core net earnings per share growth from a range of 8% to 9% to a range of 10%-11% compared to the previous year. Also, it anticipates paying more than $9 billion in dividends and repurchasing $5 to $6 billion of common shares in 2024.
Shares of PG have gained 13.8% over the past six months and 11.8% over the past year to close the last trading session at $167.96.
Let's look at factors that could influence PG's performance in the upcoming months.
Impressive Dividend Growth History
On July 9, PG's Board of Directors declared a quarterly dividend of $1.0065 per share, payable on or after August 15, 2024, to common stock shareowners of record at the close of business on July 19, 2024. The company has raised its dividend for 68 straight years, reinforcing its commitment to return cash to shareowners, who rely on steady income earned with their investment in P&amp;G.
PG pays a $4.03 per share dividend annually, translating to a 2.40% yield on the current share price. Its four-year average dividend yield is 2.41%. Over the past five years, PG's dividend payments have grown at a CAGR of 5.9%.
Robust Financials
For the third quarter that ended March 31, 2024, PG's net sales marginally increased year-over-year to $20.20 billion. Its <a href="https://www.investopedia.com/terms/g/grossprofit.asp#:~:text=Gross%20profit%20is%20the%20income,have%20been%20removed%20from%20revenue.">gross profit</a> grew 7% from the year-ago value to $10.34 billion, and its operating income rose 5% from the prior year's quarter to $4.46 billion. Additionally, its earnings before income taxes increased 7.1% year-over-year to $4.59 billion.
In addition, net earnings attributable to PG amounted to $3.75 billion, a 10.5% year-over-year increase. Its net earnings per common share amounted to $1.52, a 11% year-over-year increase. Also, its adjusted free cash flow for the quarter stood at $3.29 billion. As of March 31, 2024, PG's cash and cash equivalents were $6.83 billion.
Favorable Analyst Expectations
Analysts expect PG's revenue for the fourth quarter (ended June 2024) to grow 1.5% year-over-year to $20.86 billion. Its EPS for the same period is expected to increase marginally year-over-year to $1.37. Moreover, the company has topped consensus EPS estimates in all four trailing quarters, which is impressive.
For the fiscal year ended June 2024, Street expects PG's revenue and EPS to grow 2.8% and 11% from the prior year to $84.32 billion and $6.55, respectively. In addition, the company's revenue and EPS for the fiscal year 2025 are expected to increase 3.2% and 6.3% year-over-year to $87 billion and $6.96, respectively.
Stretched Valuation
In terms of forward non-GAAP P/E, PG is trading at 25.64x, 49% higher than the industry average of 17.20x. The stock's forward EV/Sales multiple of 5.01 is 190% higher than the industry average of 1.73. Likewise, its forward Price/Cash Flow of 20.64x is 76% higher than the industry average of 11.72x.
Moreover, the stock's forward Price/Sales multiple of 4.70 is 276.9% higher than the industry average of 1.25. Its forward EV/EBITDA of 18.31x is 72% higher than the industry average of 10.64x.
High Profitability
PG's trailing-12-month gross profit margin of 51.46% is 46.3% higher than the 35.17% industry average. Similarly, the stock's trailing-12-month EBITDA margin of 28.81% is 128.7% higher than the industry average of 12.60%. Also, its trailing-12-month net income margin of 17.99% is 279.9% higher than the industry average of 4.74%.
Moreover, the stock's trailing-12-month ROCE, ROTC, and ROTA of 31.73%, 16.26%, and 12.65% are significantly higher than the industry averages of 11.42%, 6.99%, and 4.66%, respectively. Its trailing-12-month levered FCF margin of 14.62% is 149.1% higher than the industry average of 5.87%.
POWR Ratings Reflect Uncertainty
PG's mixed fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of C, which translates to Neutral in our proprietary rating system. The POWR Ratings are calculated by taking into account 118 different factors, with each factor weighted to an optimal degree.
Our proprietary rating system also evaluates each stock based on eight distinct categories. PG has a B grade for Sentiment, consistent with optimistic analyst estimates. The stock has a B grade for Quality, justified by its higher profitability relative to its peers.
However, PG has a D grade for Value, in sync with its higher-than-industry valuation.
Within the <a href="https://stocknews.com/category/consumer-goods/">Consumer Goods</a> industry, PG is ranked #18 out of 52 stocks.
Beyond what I have stated above, we have also given PG grades for Growth, Stability, and Momentum. Get all PG ratings <a href="https://stocknews.com/stock/PG/">here</a>.
Bottom Line
PG reported mixed results for the third quarter of 2024, surpassing analyst expectations for EPS but falling short on revenue. The company's long-term prospects remain promising, driven by its strong brand portfolio, a history of consistent dividend payouts, and ongoing innovation in its product lines.
However, Procter &amp; Gamble faces near-term challenges, such as inflationary pressures and intense competition. Given PG's elevated valuation and near-term bleak outlook, waiting for a better entry point in this stock seems wise now.
How Does The Procter &amp; Gamble Company (PG) Stack Up Against Its Peers?
Given its near-term uncertain prospects, the odds of PG outperforming in the weeks and months ahead are compromised. However, there are many industry peers with much more impressive POWR Ratings. So, consider these three A (Strong Buy) or B-rated (Buy) stocks from the <a href="https://stocknews.com/category/consumer-goods/">Consumer Goods</a> industry:
Ennis, Inc. (<a href="https://stocknews.com/stock/EBF/">EBF</a>)
Virco Manufacturing Corporation (<a href="https://stocknews.com/stock/VIRC/">VIRC</a>)
Henkel AG &amp; Co. KGaA - ADR (<a href="https://stocknews.com/stock/HENKY/">HENKY</a>)
To explore more A or B-rated consumer goods stocks, <a href="https://stocknews.com/category/consumer-goods/">click here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
PG shares were trading at $167.93 per share on Monday morning, down $0.03 (-0.02%). Year-to-date, PG has gained 16.76%, versus a 16.78% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Mangeet Kaur Bouns</h2> <img src='https:/wp-content/uploads/2022/01/Mangeet-Kaur-Bouns_Image-4.jpg' style="float:left; padding:5px;width:125px;">Mangeet's keen interest in the stock market led her to become an investment researcher and financial journalist. Using her fundamental approach to analyzing stocks, Mangeet's looks to help retail investors understand the underlying factors before making investment decisions.<a href="https://stocknews.com/authors/?author=mangeet-kaurbouns">More...</a>The post <a href=https://stocknews.com/news/pg-henky-ebf-virc-is-procter-gamble-a-dividend-stock-to-buy-now/>Is Procter & Gamble a Dividend Stock to Buy Now?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Is Procter & Gamble a Dividend Stock to Buy Now?

With inelastic consumption and ever-growing consumer spending, the consumer goods industry is experiencing surging demand. Hence, fundamentally solid low-beta consumer goods stocks Colgate-Palmolive (CL), Kimberly-Clark (KMB), and Ennis (EBF) could be ideal investments for a calm portfolio. Read more... The consumer goods market, which encompasses items of necessity and daily use like food, household goods, and personal care products, has inelastic demand owing to its nature. This leads to steady sales through market uncertainties, price fluctuations, and recent developments in technology and innovation; the market has more robust growth prospects.
Against this backdrop, it could be wise to invest in sound low-beta consumer goods stocks Colgate-Palmolive Company (<a href="https://stocknews.com/stock/CL/">CL</a>), Kimberly-Clark Corporation (<a href="https://stocknews.com/stock/KMB/">KMB</a>), and Ennis, Inc. (<a href="https://stocknews.com/stock/EBF/">EBF</a>) for a stable portfolio.
With signs of easing inflation pressures and a slightly improving employment market, consumer spending grew much better than the 0.3% estimate. The Commerce Department reported <a href="https://www.cnbc.com/2024/08/15/retail-sales-july-2024-.html">consumer spending grew strongly</a> as advanced retail sales accelerated 1% in the month.
Further, compared to the previous quarter, <a href="https://tradingeconomics.com/united-states/consumer-spending">consumer spending in the US grew to $15.75 trillion</a> in the second quarter of 2024, which was $15.64 trillion in the first quarter of 2024. This also marked an all-time high from the first quarter of 1950.
The consumer goods market is highly adaptable and quickly adapts to changing consumer trends and demand, poising it for continued growth. The global consumer goods sector is expected to increase to $224.33 billion by 2032, exhibiting growth at a <a href="https://market.us/reports/consumer-goods/">CAGR of 7.8%</a>. The market is driven by digital innovation, the impacts of COVID-19, and a focus on healthy and sustainable lifestyles.
Further, investors can consider low-beta stocks as safe haven investment alternatives during periods of heightened market uncertainty. Low-beta stocks are those whose beta is below 1.00, translating to a lower price movement than the broad-market indices. Hence, their low volatility and high return potential can benefit investors.
Considering the encouraging economic trends, let's delve into the fundamentals of the top three <a href="https://stocknews.com/category/consumer-goods/">Consumer Goods</a> stocks, beginning with the third choice.
Stock #3: Colgate-Palmolive Company (<a href="https://stocknews.com/stock/CL/">CL</a>)
CL manufactures and sells consumer products internationally. The company operates through two segments: Oral, Personal and Home Care; and Pet Nutrition. The company offers products like toothpaste, toothbrushes, mouthwash, bar and liquid hand soaps, shower gels, shampoos, conditioners, deodorants, and antiperspirants.
On June 13, CL's Board of Directors declared a quarterly cash dividend of $0.50 per common share, paid on August 15, 2024, to shareholders of record on July 19, 2024.
CL pays an annual dividend of $2, which translates to a yield of 1.86% at the current share price. Its four-year average dividend yield is 2.32%. Moreover, the company's dividend payouts have increased at a CAGR of 3.3% over the past three years. CL has raised its dividends for 60 consecutive years.
CL's trailing-12-month <a href="https://www.investopedia.com/terms/g/gross_profit_margin.asp">gross profit margin</a> and EBIT margin of 59.70% and 21.20% are 66.8% and 122.9% higher than the industry average of 35.79% and 9.51%, respectively. Its trailing-12-month net income margin of 14.21% is considerably higher than the industry average of 4.28%.
During the second quarter that ended June 30, 2024, CL's net sales increased 4.9% year-over-year to $5.06 billion. Its non-GAAP operating profit grew 12.7% from the year-ago quarter to $1.12 billion. Non-GAAP net income attributable to CL came in at $753 million or $0.91 per share, up 16.9% and 18.2% from the prior-year quarter, respectively.
Analysts expect CL's revenue and EPS for the third quarter (ending September 2024) to grow 2% and 2.8% year-over-year to $5.01 billion and $0.88, respectively. Also, the company topped the consensus revenue and EPS estimates in all of the four trailing quarters.
Shares of CL have surged 24.1% over the past six months and 48.1% over the past year to close the last trading session at $107.78. It has a beta of 0.40.
CL's solid fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
CL has an A grade for Quality and a B grade for Sentiment and Stability. It is ranked #17 out of 52 stocks in the A-rated <a href="https://stocknews.com/category/consumer-goods/">Consumer Goods</a> industry.
In addition to the POWR Ratings we've stated above, we also have CL ratings for Value, Growth, and Momentum. Get all CL ratings <a href="https://stocknews.com/stock/CL/">here</a>.
Stock #2: Kimberly-Clark Corporation (<a href="https://stocknews.com/stock/KMB/">KMB</a>)
KMB manufactures and markets personal care and consumer tissue products. It operates in three segments: Personal Care; Consumer Tissue; and K-C Professional. The company offers its products under brands like Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Thinx, Poise, Depend, Plenitud, and Softex.
On June 26, KMB launched the new Kimtech&#x2122; Polaris&#x2122; Nitrile Exam Gloves for use in laboratory settings. The gloves offer the highest level of protection, durability, strength, and comfort compared to any other previous Kimtech gloves.
Kimtech Polaris offers measurable ergonomic benefits by improving comfort and fit and minimizing the risk factors. The gloves are specifically designed to protect professionals in laboratory settings and are also suitable for industrial work environments, pharmaceutical manufacturing, medical device manufacturing, and biotechnology.
On May 7, KMB's Huggies launched the Skin Essentials diaper featuring the new, proprietary SkinProtect liner technology, which leaves behind up to 5x less mess than ordinary diapers and helps protect baby's skin against the top two causes of rash.
The full Huggies&#xAE; Skin Essentials&#x2122; collection includes Huggies&#xAE; Skin Essentials&#x2122; Diapers, Huggies&#xAE; Skin Essentials&#x2122; Wipes, and Pull-Ups&#xAE; Skin Essentials&#x2122; Training Pants.
For the second quarter that ended June 30, 2024, KMB posted net sales of $5.03 billion. Its adjusted gross profit grew 6.2% from the year-ago value to $1.86 billion. The company's total operating profit of $655 million indicates growth of 479.6% year-over-year.
Furthermore, adjusted net income attributable to KMB and adjusted EPS were $661 million and $1.96, reflecting increases of 18.2% and 18.8% from the prior year's quarter, respectively.
Based on the first-half results, KMB has updated its 2024 outlook. Its organic net sales are expected to grow at a mid-single-digit rate in confirmation with the prior outlook, whereas its adjusted operating profit is now expected to grow at a mid-to-high teen percentage rate.
Street expects KMB's revenue for the fourth quarter (ending December 2024) to increase 0.5% year-over-year to $5 billion, while its EPS is expected to grow 6.2% year-over-year to $1.60, respectively. Furthermore, the company surpassed the consensus EPS estimates in three of the trailing four quarters.
KMB's stock has gained 19.3% over the past six months and 16% over the past year to close the last trading session at $147.35. It has a beta of 0.40.
KMB's bright prospects are reflected in its POWR Ratings. The stock has an overall rating of B, equating to a Buy in our proprietary rating system.
The stock has a B grade for Quality and Value. KMB is ranked #11 among 52 stocks in the Consumer Goods industry.
<a href="https://stocknews.com/stock/KMB/">Click here</a> to access other ratings of KMB for Momentum, Growth, Stability and Sentiment.
Stock #1: Ennis, Inc. (<a href="https://stocknews.com/stock/EBF/">EBF</a>)
EBF manufactures and sells business forms and other business products. The company offers snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure-sensitive products under the brands including Ennis, Royal Business Forms, Block Graphics, 360º Custom Labels, and ColorWorx brands.
On June 27, EBF acquired Printing Technologies, Inc., located in Indianapolis, IN. The strategic acquisitions bode well with the company. PTI is a renowned brand that has diverse products that enhance EBF's capabilities and broaden its product offerings.
On June 14, EBF's Board of Directors declared a quarterly cash dividend of $0.25 per share on the company's common stock. The dividend was paid on August 5, 2024, to shareholders of record on July 5, 2024.
EBF pays an annual dividend of $1, which translates to a yield of 4.18% at the current share price. Its four-year average dividend yield is 4.85%. Moreover, the company's dividend payouts have increased at a CAGR of 2.6% over the past three years.
EBF reported net sales of $103.11 million during the first quarter that ended May 31, 2024, and its gross profit was $30.90 million. The company's net earnings came in at $10.69 million and $0.41 per share for the quarter, respectively.
Furthermore, the company's total assets stood at $406.17 million as of May 31, 2024, compared to $399.19 million as of February 29, 2024.
Street expects EBF's revenue for the fourth quarter (ending February 2025) to increase 0.6% year-over-year to $98 million, and its EPS for the same quarter is expected to be $0.39. EBF's stock has gained 17.1% over the past six months and 9.7% over the past year to close the last trading session at $23.45. The stock has a beta of 0.39.
EBF's POWR Ratings reflect its robust outlook. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
The stock has an A grade for Quality. It also has a B grade for Sentiment and Stability. Within the same industry, EBF is ranked #3 among 52 stocks.
<a href="https://stocknews.com/stock/EBF/">Click here</a> to access additional ratings of EBF for Momentum, Growth, and Value.
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CL shares were trading at $108.36 per share on Wednesday afternoon, up $0.58 (+0.54%). Year-to-date, CL has gained 38.25%, versus a 16.66% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/cl-kmb-ebf-3-stocks-to-buy-with-a-low-beta-for-a/>3 Stocks to Buy With a Low Beta for a Calm Portfolio</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

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