Insider Buying: Essentra (LON:ESNT) Insider Purchases £15,035.38 in Stock

Essentra plc (LON:ESNT) insider Scott Fawcett purchased 17,483 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The shares were acquired at an average price of GBX 86 per share, for a total transaction of £15,035.38.

Scott Fawcett also recently made the following trade(s):

• On Tuesday, April 7th, Scott Fawcett sold 21,279 shares of Essentra stock. The stock was sold at an average price of GBX 90, for a total value of £19,151.10.

Essentra Stock Up 1.9%

LON ESNT opened at GBX 85.38 on Friday. The firm has a market cap of £242.79 million, a PE ratio of 121.98, a price-to-earnings-growth ratio of 3.84 and a beta of 0.90. Essentra plc has a one year low of GBX 82.60 and a one year high of GBX 123.80. The stock’s 50 day simple moving average is GBX 96.75 and its 200 day simple moving average is GBX 99.16. The company has a debt-to-equity ratio of 47.67, a current ratio of 2.20 and a quick ratio of 0.50.

Essentra (LON:ESNT) last released its quarterly earnings results on Tuesday, March 17th. The company reported GBX 6.10 EPS for the quarter. Essentra had a return on equity of 0.79% and a net margin of 0.70%. As a group, sell-side analysts forecast that Essentra plc will post 524.137931 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently commented on ESNT shares. Royal Bank Of Canada decreased their price target on Essentra to GBX 130 and set an “outperform” rating on the stock in a research report on Wednesday, March 18th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 130 price objective on shares of Essentra in a report on Wednesday. Deutsche Bank Aktiengesellschaft reduced their price objective on Essentra from GBX 150 to GBX 100 and set a “hold” rating on the stock in a report on Monday, April 13th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 160 price objective on shares of Essentra in a report on Thursday, March 19th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 150.

About Essentra

Essentra plc is a leading global provider of essential components and solutions, focusing on the manufacture and distribution of plastic injection moulded, vinyl dip moulded and metal items.

Headquartered in the United Kingdom, Essentra’s global network extends to 28 countries worldwide and includes c.3,000 employees, 14 manufacturing facilities, 26 distribution centres and 37 sales & service centres serving c.64,000 customers with a rapid supply of low cost but essential products for a variety of applications in industries such as equipment manufacturing, automotive, fabrication, electronics, medical and renewable energy.