Home Dividends High Dividend Yield Present Fundamentals: Essendant (NASDAQ: ESND)

Present Fundamentals: Essendant (NASDAQ: ESND)


Essendant is in the industrial products industry and is in the industrials sector. The company CEO is Richard D. Phillips. Essendant Inc is a wholesale distributor of workplace items engaged in manufacturing of office equipment’s. It operates through four segments, business and facility essentials, ORS industrial, CPO, and automotive.

Previous Intraday Trading Performance:

The ESND stock showed a previous change of 0.08% with an open at 12.81 and a close of 12.80. It reached an intraday high of 12.82 and a low of 12.79.

SeekingAlpha:  Merger Arbitrage Mondays – February 4, 2019


The stock has a market cap of $481.8m with 37.6m shares outstanding, of which the float is 34.6m shares. Trading volume reached 179,690 shares compared to its average volume of 276,869 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Essendant shares returned 2.73% and in the past 30 trading days it returned 4.32%. Over three months, it changed 1.52%. In one year it has changed 43.16% and within that year its 52-week high was 17.09 and its 52-week low was 7.20. ESND stock is 77.78% above its 52 Week Low.

Our calculations show a 200 day moving average of 12.68 and a 50 day moving average of 12.51. Currently ESND stock is trading 0.94% above its 200 day moving average and may be a good opportunity to buy.

SeekingAlpha:  Merger Arbitrage Mondays – February 4, 2019


The last annual fiscal EPS for the company was reported at -7.28 that ended on 31st of December 2017. The TTM EPS is 0.00, which comes to a TTM PE of 0.00.

The following are the last four quarter reported earnings per share:
09-30-2018:  -0.14
06-30-2018:  0.16
03-31-2018:  -0.12
12-31-2017:  0.11

The dividend per share is currently 0.56, which is a dividend yield of 4.38%. ESND stock may not have enough earnings to cover future dividends and still be able to invest in the business, therefore the dividend may be cut in the future.

Base on our calculations, the intrinsic value per share is 17.38, which means it is possibly undervalued and has a margin of safety of 26.34%

Indicators to Watch:

Based on the latest filings, there is 131.30% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

The current calculated beta is 0.79

SeekingAlpha:  Era Group misses on revenue

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -12.28%, return on assets is -3.24%, profit margin is -1.48%, price-to-sales is 0.13 and price-to-book is 1.11.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 0  :Past Performance Score
 2  :Financial Strength Score
 3  :Future Growth Score
 2  :Dividend Score
 1  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.