Kath Durrant Buys 10,894 Shares of Essentra (LON:ESNT) Stock

Essentra plc (LON:ESNT) insider Kath Durrant bought 10,894 shares of the company’s stock in a transaction dated Tuesday, March 17th. The shares were acquired at an average cost of GBX 91 per share, for a total transaction of £9,913.54.

Essentra Stock Down 1.1%

Shares of LON:ESNT traded down GBX 1.10 during trading on Wednesday, hitting GBX 97.80. The company’s stock had a trading volume of 356,967 shares, compared to its average volume of 1,699,203. The company has a market capitalization of £278.55 million, a PE ratio of 29.64, a PEG ratio of 3.84 and a beta of 0.86. Essentra plc has a fifty-two week low of GBX 88.53 and a fifty-two week high of GBX 123.80. The company has a debt-to-equity ratio of 51.73, a quick ratio of 0.50 and a current ratio of 2.48. The stock’s 50-day moving average price is GBX 101.61 and its two-hundred day moving average price is GBX 100.72.

Essentra (LON:ESNT) last issued its quarterly earnings data on Tuesday, March 17th. The company reported GBX 6.10 earnings per share for the quarter. Essentra had a return on equity of 3.47% and a net margin of 3.15%. As a group, sell-side analysts expect that Essentra plc will post 524.137931 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on ESNT. Royal Bank Of Canada dropped their price target on shares of Essentra from GBX 155 to GBX 130 and set an “outperform” rating for the company in a research note on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of 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 reissued a “buy” rating and issued a GBX 160 target price on shares of Essentra in a research report on Thursday, January 15th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Essentra currently has a consensus rating of “Buy” and a consensus price target of GBX 164.

Essentra Company Profile

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.