Ennis traded at $22.10 this Friday August 14th, increasing $0.02 or 0.09 percent since the previous trading session. Looking back, over the last four weeks, Ennis gained 4.39 percent. Over the last 12 months, its price rose by 22.37 percent. Looking ahead, we forecast Ennis to be priced at 21.61 by the end of this quarter and at 20.24 in one year, according to Trading Economics global macro models projections and analysts expectations.
Ennis, Inc. is in the business of manufacturing, designing and selling business forms and other printed business products primarily to distributors located in the United States. The Company operates approximately 57 manufacturing plants across the United States in 20 states. Approximately 92% of the business products the Company manufacture are custom and semi-custom products, constructed in a variety of sizes, colors, number of parts and quantities on an individual job basis, depending upon the customers’ specifications. The Company’s 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. It sells through independent distributors. The Company’s subsidiaries include Computer Forms, Inc., which sells direct to a small number of customers, generally banking organizations; and Adams McClure, LP, which sells direct to a small number of customers.