Essendant (ESND) Receiving Somewhat Positive News Coverage, Analysis Shows

Media stories about Essendant (NASDAQ:ESND) have been trending somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Essendant earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 47.7481414046014 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Separately, BidaskClub cut shares of Essendant from a “hold” rating to a “sell” rating in a research note on Friday, January 26th.

Essendant stock traded up $0.18 during mid-day trading on Thursday, reaching $8.24. The stock had a trading volume of 208,195 shares, compared to its average volume of 414,881. The stock has a market cap of $291.85, a price-to-earnings ratio of 11.55 and a beta of 1.08. Essendant has a one year low of $7.25 and a one year high of $18.30. 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 (NASDAQ:ESND) last issued its earnings results 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 positive return on equity of 4.53% and a negative net margin of 5.30%. The business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the previous year, the firm earned ($0.02) EPS. Essendant’s revenue was down 4.5% on a year-over-year basis.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 13th. Investors of record on Thursday, March 15th will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Wednesday, March 14th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 6.80%.

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Essendant Company Profile

Essendant Inc operates as a distributor of workplace items in the United States and internationally. It offers janitorial and sanitation supplies, breakroom items, foodservice consumables, safety and security items, and paper and packaging supplies. The company also provides technology products, such as computer accessories, imaging supplies, and data storage products; and computer hardware, including printers and other peripherals.

Insider Buying and Selling by Quarter for Essendant (NASDAQ:ESND)

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