Essentra (LON:ESNT) Insider Acquires £7,960.68 in Stock

Essentra plc (LON:ESNT) insider Rowan Baker acquired 9,477 shares of Essentra stock in a transaction that occurred on Friday, April 24th. The shares were purchased at an average cost of GBX 84 per share, with a total value of £7,960.68.

Rowan Baker also recently made the following trade(s):

• On Friday, April 24th, Rowan Baker acquired 2,363 shares of Essentra stock. The stock was acquired at an average price of GBX 84 per share, for a total transaction of £1,984.92.
• On Tuesday, March 17th, Rowan Baker acquired 10,977 shares of Essentra stock. The stock was purchased at an average price of GBX 91 per share, for a total transaction of £9,989.07.

Essentra Trading Up 1.8%

Essentra stock traded up GBX 1.50 during mid-day trading on Friday, hitting GBX 83.70. 610,350 shares of the company’s stock were exchanged, compared to its average volume of 2,135,223. The firm has a market capitalization of £238.00 million, a P/E ratio of 119.57, a PEG ratio of 3.84 and a beta of 0.90. Essentra plc has a fifty-two week low of GBX 81 and a fifty-two week high of GBX 123.80. The company has a quick ratio of 0.50, a current ratio of 2.20 and a debt-to-equity ratio of 47.67. The company’s 50 day simple moving average is GBX 94.86 and its 200-day simple moving average is GBX 98.40.

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

Analysts Set New Price Targets

Several research firms have weighed in on ESNT. Jefferies Financial Group restated a “buy” rating and set a GBX 130 target price on shares of Essentra in a research note on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft decreased their price objective on Essentra from GBX 150 to GBX 100 and set a “hold” rating for the company in a report on Monday, April 13th. Royal Bank Of Canada decreased their price objective on Essentra to GBX 130 and set an “outperform” rating for the company in a report on Wednesday, March 18th. Finally, Berenberg Bank restated a “buy” rating and issued 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 assigned a Hold rating to the company’s stock. According to data from 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.