Essentra (LON:ESNT) Insider Rowan Baker Acquires 10,977 Shares

Essentra plc (LON:ESNTGet Free Report) insider Rowan Baker bought 10,977 shares of the business’s stock in a transaction on Tuesday, March 17th. The stock was bought at an average cost of GBX 91 per share, with a total value of £9,989.07.

Essentra Stock Down 4.0%

LON ESNT opened at GBX 93.50 on Friday. The business’s fifty day simple moving average is GBX 101.71 and its 200-day simple moving average is GBX 100.65. 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 firm has a market cap of £266.31 million, a PE ratio of 28.33, a P/E/G 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:ESNTGet Free Report) last announced its quarterly earnings data on Tuesday, March 17th. The company reported GBX 6.10 earnings per share (EPS) for the quarter. Essentra had a net margin of 0.70% and a return on equity of 0.79%. As a group, equities analysts anticipate that Essentra plc will post 524.137931 earnings per share for the current year.

Essentra News Summary

Here are the key news stories impacting Essentra this week:

  • Positive Sentiment: Large insider purchases by senior executives (Steve Good bought 40,000 shares at GBX 93; Kath Durrant and Rowan Baker also purchased ~10.9k shares each near GBX 91) signal management confidence and can underpin the stock. Insider Trades Alert
  • Positive Sentiment: Berenberg Bank reissued a “buy” rating and set a GBX 160 price target, which supports upside expectations versus the current trading level. London Stock Exchange
  • Positive Sentiment: Company outlined a plan to rebuild margins as sales return to growth — execution of that plan is the key catalyst for earnings recovery over the medium term. Investors Chronicle: Plan to Rebuild Margins
  • Neutral Sentiment: Q3 results roughly met expectations (GBX 6.10 EPS) but showed margin pressure and weak return metrics — this limits downside from an earnings surprise but leaves scope for upside only if margins improve. Earnings Coverage
  • Negative Sentiment: Royal Bank of Canada trimmed its price target to GBX 130 (still “outperform”), and Deutsche Bank also reduced its target — these downward revisions may pressure sentiment despite some buy ratings. Broker Ratings (Digital Look)

Wall Street Analysts Forecast Growth

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

Get Our Latest Research Report on ESNT

Essentra Company Profile

(Get Free Report)

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.

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