Essentra plc (LON:ESNT - Get Free Report)'s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 102.65 ($1.33) and last traded at GBX 103.40 ($1.34), with a volume of 29734020 shares trading hands. The stock had previously closed at GBX 104.40 ($1.35).
Analyst Ratings Changes
Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 170 ($2.20) target price on shares of Essentra in a research report on Wednesday, March 26th.
Get Our Latest Analysis on ESNT
Essentra Stock Performance
The stock's 50-day moving average price is GBX 117.84 and its 200-day moving average price is GBX 135.20. The company has a current ratio of 1.97, a quick ratio of 0.50 and a debt-to-equity ratio of 51.89. The company has a market capitalization of £285.71 million, a P/E ratio of 81.88, a P/E/G ratio of 3.84 and a beta of 1.18.
Essentra (LON:ESNT - Get Free Report) last posted its earnings results on Wednesday, March 19th. The company reported GBX 8.50 ($0.11) EPS for the quarter. Essentra had a net margin of 1.13% and a return on equity of 1.28%. As a group, equities analysts expect that Essentra plc will post 524.137931 EPS for the current year.
Essentra Increases Dividend
The company also recently declared a dividend, which will be paid on Thursday, July 3rd. Shareholders of record on Thursday, May 15th will be paid a dividend of GBX 1.55 ($0.02) per share. This is a positive change from Essentra's previous dividend of $1.25. This represents a yield of 1.41%. The ex-dividend date is Thursday, May 15th. Essentra's dividend payout ratio (DPR) is presently 329.52%.
Insider Activity at Essentra
In related news, insider Rowan Baker acquired 10,036 shares of the stock in a transaction that occurred on Monday, March 24th. The shares were purchased at an average cost of GBX 104 ($1.34) per share, with a total value of £10,437.44 ($13,495.53). Also, insider Steve Good purchased 35,000 shares of the company's stock in a transaction dated Thursday, March 20th. The stock was bought at an average cost of GBX 109 ($1.41) per share, for a total transaction of £38,150 ($49,327.64). Company insiders own 0.99% of the company's stock.
Essentra Company Profile
(
Get Free Report)
Featured Stories
Before you consider Essentra, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Essentra wasn't on the list.
While Essentra currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.