E Daily Stock Review: Essendant Inc. (ESND)

Essendant's price per share was $12.56 yesterday. A year ago its price was $9.51. So the price increased $3.05 per share last year, or 25%.

Assuming Essendant's stock will trade in the range of $7 to $17 next year, Essendant's recent $12.56 price could move up by $0.44 and grow to $13.00 by early-January, 2020.

Essendant's most recent quarterly dividend was $0.14 declared October 23rd and payable, January 15th.

That $0.14 quarterly stipend equals an annual payout of $0.56 yielding 4.45% at yesterday's $12.56 price. Gains For ESND? Adding the $0.56 annual estimated dividend to my estimated $0.44 annual price upside estimate for Essendant Inc. (ESND) totals a $1.00 potential gross annual gain, per share, which will be reduced by costs to trade those shares.

For a little over $1,000.00 invested today at the $12.56 recent price, we could buy 80 ESND shares. A $10 broker fee paid half at purchase and half at sale costs us $0.125 per share. Subtract that $0.125 brokerage cost from the estimated $1.00 gross annual gain leaves a net gain of $0.875 X 80 shares = $70.00 for about 7% net gain on a $1,004.80 investment.

Therefore, Essendant Inc. whose trading ticker symbol is ESND, now shows a possible 7% net gain including a 4.68% dividend yield. No brokers cover this stock: No one to dispute me and no price target to disagree with.

Therefore, you can look at Essendant Inc. (ESND) and see it has made money, is making money, and could rise to net a 7% net annual gain including that 4.45% estimated dividend yield. It could be more, it could be less. The above speculation is based on past year performance.

The actual results remain to be seen to determine if Essendant Inc. (ESND) is worth your time and money.

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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