Essentra plc (LON:ESNT – Get Free Report)’s stock price reached a new 52-week high on Friday. The stock traded as high as GBX 118.80 and last traded at GBX 116, with a volume of 2,655,217 shares changing hands. The stock had previously closed at GBX 115.
Wall Street Analysts Forecast Growth
ESNT has been the topic of several analyst reports. Royal Bank Of Canada increased their price target on Essentra from GBX 130 to GBX 140 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 130 target price on shares of Essentra in a research note on Wednesday, July 29th. Finally, Berenberg Bank dropped their target price on shares of Essentra from GBX 160 to GBX 140 and set a “buy” rating on the stock in a report on Friday, August 14th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Essentra currently has a consensus rating of “Moderate Buy” and an average price target of GBX 127.50.
Get Our Latest Research Report on ESNT
Essentra Stock Performance
The company has a quick ratio of 0.50, a current ratio of 2.33 and a debt-to-equity ratio of 53.28. The stock has a fifty day simple moving average of GBX 109.66 and a 200-day simple moving average of GBX 95.09. The company has a market capitalization of £328.07 million, a P/E ratio of 46.40, a PEG ratio of 3.84 and a beta of 0.86.
Essentra (LON:ESNT – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported GBX 7.20 EPS for the quarter. Essentra had a return on equity of 2.02% and a net margin of 1.71%. Equities analysts forecast that Essentra plc will post 524.14 EPS for the current year.
Essentra Company Profile
Essentra plc is a leading global manufacturer and supplier 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 27 countries worldwide and includes c.3,000 employees, 16 manufacturing facilities, 27 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.
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