Media headlines about Essendant (NASDAQ:ESND) have trended somewhat positive on Sunday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Essendant earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 46.8458030417896 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Essendant (ESND) traded down $0.06 during trading on Friday, reaching $9.02. The company had a trading volume of 199,000 shares, compared to its average volume of 305,246. The firm has a market capitalization of $339.26, a price-to-earnings ratio of 16.70 and a beta of 1.21. Essendant has a 12-month low of $8.79 and a 12-month high of $22.52. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.02 and a current ratio of 2.04.

Essendant (NASDAQ:ESND) last posted its earnings results on Wednesday, October 25th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.30). The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.31 billion. Essendant had a positive return on equity of 3.20% and a negative net margin of 5.26%. The firm’s revenue was down 7.0% on a year-over-year basis. During the same period last year, the business earned $0.57 earnings per share.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 15th will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 6.21%. The ex-dividend date of this dividend is Thursday, December 14th. Essendant’s dividend payout ratio (DPR) is -7.67%.

Several research analysts have recently issued reports on the company. ValuEngine cut Essendant from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Zacks Investment Research upgraded Essendant from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 26th. BidaskClub cut Essendant from a “hold” rating to a “sell” rating in a research note on Monday, July 31st. Finally, TheStreet cut Essendant from a “c-” rating to a “d+” rating in a research note on Thursday, July 27th. One analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $16.50.

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About Essendant

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.

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

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