Essendant (ESND) Receives Media Impact Rating of 0.15

News articles about Essendant (NASDAQ:ESND) have trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Essendant earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned news stories about the company an impact score of 44.92838132613 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Essendant (NASDAQ:ESND) opened at $9.30 on Monday. Essendant has a 52-week low of $8.79 and a 52-week high of $22.52. The firm has a market capitalization of $349.79, a price-to-earnings ratio of 17.22 and a beta of 1.21. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.04 and a quick ratio of 1.02.

Essendant (NASDAQ:ESND) last announced its quarterly earnings results 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). The firm had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Essendant had a negative net margin of 5.26% and a positive return on equity of 3.20%. The company’s quarterly revenue was down 7.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.57 EPS.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Investors 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 yield of 6.02%. The ex-dividend date is Thursday, December 14th. Essendant’s dividend payout ratio is presently -7.67%.

ESND has been the subject of several recent research reports. BidaskClub downgraded Essendant from a “sell” rating to a “strong sell” rating in a report on Saturday, August 12th. ValuEngine raised Essendant from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, Zacks Investment Research raised Essendant from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 26th. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. The company has an average rating of “Hold” and a consensus price target 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.

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