Published on 14 Apr 2024 on Simply Wall St. via Yahoo Finance
Ennis, Inc. (NYSE:EBF) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct...
Ennis (NYSE:EBF) has had a rough three months with its share price down 7.7%. However, stock prices are usually driven by a company’s financials over the long term, which in this case look pretty respectable. Particularly, we will be paying attention to Ennis' ROE today.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.