The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Ennis has an asset utilization ratio of 101.99 percent. This indicates that the company is making $1.02 for each dollar of assets. An increasing asset utilization means that Ennis Inc is more efficient with each dollar of assets it utilizes for everyday operations.
What is the right price you would pay to acquire a share of Ennis? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the
future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated. Please read more on our
stock advisor page.
What is happening with Ennis Inc this year
Annual and quarterly reports issued by Ennis Inc are formal
financial statements that are published yearly and quarterly and sent to Ennis stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the
Securities and Exchange Commission (SEC) for businesses owned by the public since 1934.
Companies such as Ennis often view their annual report as an effective marketing tool to disseminate their perspective on company
future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.
Ennis Gross Profit
Ennis Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Ennis previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Ennis Gross Profit growth over the last 10 years. Please check Ennis'
gross profit and other
fundamental indicators for more details.
Is Ennis a risky opportunity?
Let's check the volatility. Ennis is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Ennis (NYSE:EBF) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. purchasing a share of an Ennis stock makes you a part-owner of that company.
Another small dip for Ennis
Latest Information Ratio is up to 0.03. Price may dip again.
As of the 16th of June 2022, Ennis shows the
mean deviation of 0.8784, and Coefficient Of Variation of
(1,512). Ennis Inc
technical analysis allows you to utilize
historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of
historical prices and volume momentum, or the prices will eventually revert. We have analyzed nineteen
technical drivers for Ennis Inc, which can be compared to its rivals. Please confirm
Ennis Inc maximum drawdown,
semi variance, and the
relationship between the
jensen alpha and
potential upside to decide if Ennis Inc is priced favorably, providing market reflects its regular price of 16.77 per share. Given that Ennis has
jensen alpha of
(0.032547), we urge you to verify Ennis Inc's prevailing market performance to make sure the company can sustain itself at a future point.
Although some companies in the business equipment & supplies industry are either recovering or due for a correction, Ennis may not be performing as strong as the other in terms of long-term growth potentials. To conclude, as of the 16th of June 2022, we see that Ennis slowly supersedes the market. The firm is
undervalued with
very low odds of distress within the next 24 months. Our present 90 days 'Buy-Sell' recommendation on the firm is
Strong Hold.
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Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Ennis Inc. Please refer to our
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