News articles about Essendant (NASDAQ:ESND) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Essendant earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave press coverage about the company an impact score of 47.802715343445 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Essendant (NASDAQ:ESND) traded down $0.24 during trading on Wednesday, reaching $7.42. 29,678 shares of the company were exchanged, compared to its average volume of 393,757. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.17 and a quick ratio of 0.99. Essendant has a 12 month low of $7.25 and a 12 month high of $18.30. The stock has a market cap of $293.73, a price-to-earnings ratio of -1.02 and a beta of 1.16.
Essendant (NASDAQ:ESND) last posted its quarterly earnings data on Wednesday, February 21st. The company reported $0.11 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.17. Essendant had a negative net margin of 5.30% and a positive return on equity of 4.53%. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same period in the prior year, the company posted ($0.02) EPS. The firm’s revenue for the quarter was down 4.5% on a year-over-year basis.
Separately, BidaskClub raised shares of Essendant from a “sell” rating to a “hold” rating in a report on Tuesday, December 26th.
Essendant Company Profile
Essendant Inc (Essendant) is a wholesale distributor of workplace items. The Company’s product portfolio includes Janitorial, Foodservice and Breakroom Supplies (JanSan), Technology Products, Traditional Office Products, Industrial Supplies, Cut Sheet Paper Products, Automotive Products and Office Furniture.
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