Essendant (ESND) Given Media Sentiment Rating of 0.08
News articles about Essendant (NASDAQ:ESND) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news 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 0.08 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.1765729516697 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of Essendant (ESND) opened at $8.65 on Thursday. Essendant has a 12-month low of $8.31 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. The firm has a market capitalization of $320.83, a price-to-earnings ratio of 15.80 and a beta of 1.21.
Essendant (NASDAQ:ESND) last posted its quarterly earnings data on Wednesday, October 25th. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.30). Essendant had a positive return on equity of 3.20% and a negative net margin of 5.26%. The company had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.31 billion. During the same period in the prior year, the company posted $0.57 EPS. The firm’s revenue was down 7.0% compared to the same quarter last year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 15th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 6.47%. The ex-dividend date is Thursday, December 14th. Essendant’s dividend payout ratio is currently -7.67%.
ESND has been the topic of a number of research reports. ValuEngine upgraded Essendant from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Zacks Investment Research raised Essendant from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Finally, BidaskClub lowered Essendant from a “sell” rating to a “strong sell” rating in a research report on Tuesday. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $16.50.
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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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