Essentra (LON:ESNT) Insider Steve Good Acquires 40,000 Shares

Essentra plc (LON:ESNT) insider Steve Good acquired 40,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was acquired at an average price of GBX 93 per share, for a total transaction of £37,200.

Essentra Price Performance

ESNT stock opened at GBX 98.90 on Wednesday. The business has a fifty day moving average of GBX 101.61 and a two-hundred day moving average of GBX 100.72. The company has a quick ratio of 0.50, a current ratio of 2.48 and a debt-to-equity ratio of 51.73. The stock has a market cap of £281.69 million, a price-to-earnings ratio of 29.97, a price-to-earnings-growth ratio of 3.84 and a beta of 0.86. Essentra plc has a 52-week low of GBX 88.53 and a 52-week high of GBX 123.80.

Essentra (LON:ESNT) last announced 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 3.47% and a net margin of 3.15%. As a group, research analysts anticipate that Essentra plc will post 524.137931 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Essentra from GBX 165 to GBX 150 and set a “buy” rating for the company in a research report on Thursday, January 15th. Royal Bank Of Canada lowered their price objective on shares of Essentra from GBX 155 to GBX 130 and set an “outperform” rating for the company in a research report on Tuesday, January 27th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 160 target price on shares of Essentra in a report on Thursday, January 15th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 164.

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.