Essentra (LON:ESNT) Insider Kath Durrant Acquires 10,894 Shares

Essentra plc (LON:ESNT) insider Kath Durrant purchased 10,894 shares of Essentra stock in a transaction that occurred on Tuesday, March 17th. The shares were bought at an average cost of GBX 91 per share, with a total value of £9,913.54.

Essentra Stock Performance

Shares of ESNT stock opened at GBX 97.90 on Thursday. The company has a fifty day moving average price of GBX 101.70 and a two-hundred day moving average price of GBX 100.70. Essentra plc has a one year low of GBX 88.53 and a one year high of GBX 123.80. The stock has a market cap of £278.84 million, a P/E ratio of 29.67, a P/E/G ratio of 3.84 and a beta of 0.86. 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 data 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%. As a group, equities analysts predict that Essentra plc will post 524.137931 EPS for the current year.

Wall Street Analysts Forecast Growth

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

Trending Headlines about Essentra

Here are the key news stories impacting Essentra this week:

• Positive Sentiment: Two senior insiders bought stock (Steve Good: 40,000 shares at GBX 93; Kath Durrant: 10,894 shares at GBX 91). Large insider purchases signal management confidence and can support the share price. Insider Trades Alert
• Positive Sentiment: Company set out a plan to rebuild margins as sales start to grow again — a strategic focus that, if executed, could reverse recent margin weakness and improve profitability over the medium term. Investors Chronicle: Plan to Rebuild Margins
• Neutral Sentiment: Q3 results broadly met expectations (GBX 6.10 EPS) but showed margin pressure and modest net margin/ROE. Meeting estimates reduces downside from a profit surprise, but the margin story remains the key risk to earnings upside. Earnings Coverage
• Negative Sentiment: Royal Bank of Canada cut its price target to GBX 130 (from GBX 155) while keeping an “outperform” rating — a downgrade of expectations that can weigh on sentiment despite the retained positive view. Broker Ratings (Digital Look)

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.