Ennis Announces Board Changes Ahead of Shareholders Meeting

Ennis ( (EBF) ) just unveiled an announcement.

On May 6, 2025, Ennis, Inc. announced that Michael Schaefer, a member of its Board of Directors and chair of the Audit Committee, will not be nominated for re-election at the upcoming annual shareholders meeting in July. This decision follows Mr. Schaefer’s filing to sell 30,000 shares of the company’s stock due to personal reasons, which impacted the company’s ability to repurchase shares at a favorable time. Consequently, Ennis plans to nominate Wally Gruenes to the Board, with expectations that he will succeed Mr. Schaefer as chair of the Audit Committee.

Spark’s Take on EBF Stock

According to Spark, TipRanks’ AI Analyst, EBF is a Neutral.

Ennis benefits from a robust financial foundation, characterized by low leverage and strong cash flows, but faces challenges with declining revenue. Technical indicators suggest bearish sentiment, while valuation metrics point to an attractively priced stock with a good dividend yield. Investors should be mindful of the current downward trend, despite the strong financial health.

To see Spark’s full report on EBF stock, click here.

More about Ennis

Founded in 1909, Ennis, Inc. is one of the largest private-label printed business product suppliers in the United States, headquartered in Midlothian, Texas. The company manufactures and sells a wide range of products including business forms, printed and electronic media, specialty packaging, and more, serving a national network of distributors through strategically located production and distribution facilities.

Average Trading Volume: 212,391

Technical Sentiment Signal: Buy

Current Market Cap: $477.9M

See more data about EBF stock on TipRanks’ Stock Analysis page.