Insider Buying: Essentra plc (LON:ESNT) Insider Buys 10,036 Shares of Stock

Essentra plc (LON:ESNT - Get Free Report) insider Rowan Baker acquired 10,036 shares of Essentra stock in a transaction that occurred on Monday, March 24th. The shares were purchased at an average cost of GBX 104 ($1.35) per share, with a total value of £10,437.44 ($13,509.50).

Essentra Stock Down 0.8 %

Shares of Essentra stock traded down GBX 0.80 ($0.01) during midday trading on Friday, reaching GBX 102.60 ($1.33). 4,396,330 shares of the company's stock traded hands, compared to its average volume of 2,664,311. The company has a market cap of £294.91 million, a price-to-earnings ratio of 84.52, a price-to-earnings-growth ratio of 3.84 and a beta of 1.18. Essentra plc has a 52 week low of GBX 102.56 ($1.33) and a 52 week high of GBX 191.80 ($2.48). The company's 50 day simple moving average is GBX 117.84 and its 200 day simple moving average is GBX 135.57. The company has a debt-to-equity ratio of 51.89, a quick ratio of 0.50 and a current ratio of 1.97.

Essentra (LON:ESNT - Get Free Report) last announced its quarterly earnings results on Wednesday, March 19th. The company reported GBX 8.50 ($0.11) earnings per share for the quarter. Essentra had a return on equity of 1.28% and a net margin of 1.13%. Equities analysts expect that Essentra plc will post 524.137931 earnings per share for the current fiscal year.

Essentra Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, July 3rd. Shareholders of record on Thursday, May 15th will be given a dividend of GBX 1.55 ($0.02) per share. The ex-dividend date is Thursday, May 15th. This represents a yield of 1.41%. This is a boost from Essentra's previous dividend of $1.25. Essentra's dividend payout ratio is presently 329.52%.

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Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 170 ($2.20) price target on shares of Essentra in a report on Wednesday.

Essentra Company Profile