Media coverage about Essendant (NASDAQ:ESND) has been trending somewhat positive on Wednesday, according to Accern Sentiment. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Essendant earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave media headlines about the company an impact score of 47.7481414046014 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Separately, BidaskClub cut shares of Essendant from a “sell” rating to a “strong sell” rating in a research note on Tuesday, December 12th.
Shares of Essendant (NASDAQ:ESND) opened at $7.46 on Wednesday. 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 PE ratio of -1.05 and a beta of 1.16. The company has a current ratio of 2.17, a quick ratio of 0.99 and a debt-to-equity ratio of 0.99.
The company also recently declared a quarterly dividend, which will be paid on Friday, April 13th. Shareholders of record on Thursday, March 15th will be paid a dividend of $0.14 per share. The ex-dividend date is Wednesday, March 14th. This represents a $0.56 annualized dividend and a dividend yield of 7.51%. Essendant’s dividend payout ratio is currently -7.69%.
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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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