|Bid||15.16 x 800|
|Ask||15.17 x 2200|
|Day's Range||15.09 - 15.34|
|52 Week Range||7.20 - 17.09|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 23, 2018 - Oct 29, 2018|
|Forward Dividend & Yield||0.56 (3.78%)|
|1y Target Est||12.00|
Essendant Inc. is standing by its deal to combine with Genuine Parts Co.’s S.P. Richards business following a Monday filing by Staples Inc., which has been pursuing an unsolicited bid for Essendant. In charts discussing Essendant’s stock price and financial projections, Staples called S.
DEERFIELD, Ill., Aug. 13, 2018 /PRNewswire/ -- Essendant, Inc. (ESND) today issued the following comment in response to Staples Inc.'s ("Staples") letter to the company and subsequent Form 13D/A filed publicly with the Securities and Exchange Commission ("SEC") on August 13, 2018. Essendant's second quarter performance demonstrates that the company's actions to evolve its business and support customers in the face of a rapidly changing landscape are producing results. The Essendant Board and management team are confident that bringing together the complementary strengths of Essendant and S.P. Richards will accelerate those efforts by creating a combined company with greater scale, expanded service capabilities and an enhanced ability to help customers compete while delivering compelling value to stockholders.
After Staples and private-equity backer Sycamore Partners launched an unsolicited approach to buy Essendant in April, Essendant has maintained its support for an existing deal to combine with Genuine Parts ...
NEW YORK, NY / ACCESSWIRE / July 27, 2018 / Essendant Inc. (NASDAQ: ESND ) will be discussing their earnings results in their Q2 Earnings Call to be held on July 27, 2018 at 8:30 AM Eastern Time. To listen ...
DEERFIELD, Ill. , July 26, 2018 /PRNewswire/ -- Essendant Inc. (NASDAQ: ESND), a leading national distributor of workplace items, today announced financial results for the second quarter ended June 30, ...
DEERFIELD, Ill. , July 26, 2018 /PRNewswire/ -- Essendant Inc. (NASDAQ: ESND) announced that on July 25, 2018 its board of directors declared a $0.14 per share dividend payable on October 15, 2018 to stockholders ...
WallStEquities.com has initiated research reports on the following Consumer Goods stocks: Diageo PLC (NYSE: DEO), Constellation Brands Inc. (NYSE: STZ), Avery Dennison Corp. (NYSE: AVY), and Essendant Inc. (NASDAQ: ESND). London, the UK headquartered Diageo PLC's stock finished Monday's session 1.15% lower at $149.34 with a total trading volume of 476,153 shares, which was higher than their three months average volume 379.34 thousand shares.
Genuine Parts reported sales and earnings for the second quarter that ended June 30 at a record $4.8 billion.
WallStEquities.com draws attention to the Business Equipment industry, which provides products from many sectors for business use, including office furniture, printers, security systems, and lighting. In this morning's lineup are these four stocks: Avery Dennison Corp. (AVY), Canon Inc. (CAJ), Essendant Inc. (ESND), and Herman Miller Inc. (MLHR).All you have to do is sign up today for this free limited time offer by clicking the link below. Glendale, California headquartered Avery Dennison Corp.'s shares saw a slight decline of 0.51%, finishing Wednesday's trading session at $101.55.
NEW YORK, June 18, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Autohome ...
Genuine Parts CEO Paul Donahue said the acquisition serves to further expand the Atlanta-based company's presence and scale in Europe as it build on a global growth strategy.
DEERFIELD, Ill., June 6, 2018 /PRNewswire/ -- Essendant Inc. (ESND) today provided several updates in connection with its proposed combination with the S.P. Richards business held by Genuine Parts Company (GPC) ("GPC"). As previously announced, Essendant and GPC entered into a definitive merger agreement on April 12, 2018, in which Essendant agreed to combine with GPC's S.P. Richards business in a Reverse Morris Trust transaction. Bringing together leadership and operational expertise from Essendant and S.P. Richards will create a company with greater scale and an enhanced ability to serve customers in the evolving business products marketplace.
Staples-owner Sycamore Partners filed documents with regulators Monday that would be required should it successfully win its pursuit of workplace wholesaler Essendant.
DEERFIELD, Ill. , May 25, 2018 /PRNewswire/ -- Essendant Inc. (NASDAQ: ESND) announced that on May 24, 2018 its board of directors declared a $0.14 per share dividend payable on July 13, 2018 to stockholders ...
DEERFIELD, Ill., May 17, 2018 /PRNewswire/ -- Essendant Inc. (ESND) today announced that its Board of Directors has adopted a stockholder rights plan (the "Rights Plan"). The Rights Plan does not prevent any action the Board determines to be in the best interest of the Company and its stockholders and is structured such that it will not be triggered by the definitive merger agreement to combine the Company and the S.P. Richards business of Genuine Parts Company, announced on April 12, 2018.
The Atlanta-based automotive company said it's still "confident" in its definitive merger agreement with Essendant Inc., even after a new offer from the owner of Staples.
Shares of Essendant, which closed at $11.03 a share, were up 2.45 percent in after-market trading, giving it a market capitalization of $415 million.
Staples-owner Sycamore Partners reported a roughly 9.9 percent stake in workplace wholesaler Essendant. Sycamore is offering to buy the rest of the company for $11.50 per share. Essendant on Wednesday confirmed it received Staples' bid and said that Genuine Parts had made a pursuant offer of $12 a share, contingent on Essendant's stock price.
ATLANTA, May 16, 2018 /PRNewswire/ -- Genuine Parts Company (GPC) ("GPC") today commented on its previously announced definitive merger agreement (the "Merger Agreement") to combine GPC's S.P. Richards business (the "Business Products Group") with Essendant (ESND) in response to the announcement of Staples, Inc.'s conditional, non-binding proposal to acquire Essendant for $11.50 per share in cash. Staples is privately owned by Sycamore Partners, which filed a Schedule 13D reporting its acquisition of a 9.9% ownership stake in Essendant.
DEERFIELD, Ill., May 16, 2018 /PRNewswire/ -- Essendant Inc. (ESND) today confirmed that it received an unsolicited proposal from Staples, Inc. to acquire all shares of Essendant stock for $11.50 per share in cash. Essendant's confirmation follows today's Schedule 13D filing with the U.S. Securities and Exchange Commission by Staples, Inc., Sycamore Partners and certain affiliates disclosing a 9.9% ownership stake in Essendant. Staples is a portfolio company of Sycamore Partners.
On a per-share basis, the Deerfield, Illinois-based company said it had a loss of $1.40. Losses, adjusted for non-recurring costs, were 12 cents per share. The workplace supplies distributor posted revenue ...