Essentra plc to Issue Dividend of GBX 1.25 (LON:ESNT)

Essentra plc (LON:ESNT) declared a dividend on Tuesday, July 30th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 19th will be paid a dividend of GBX 1.25 ($0.02) per share on Friday, October 25th. This represents a yield of 0.76%. The ex-dividend date of this dividend is Thursday, September 19th. The official announcement can be seen at this link.

Essentra Trading Down 0.9 %

Shares of Essentra stock opened at GBX 169.40 ($2.18) on Thursday. The company has a debt-to-equity ratio of 46.27, a quick ratio of 0.50 and a current ratio of 1.65. Essentra has a 52 week low of GBX 130.20 ($1.67) and a 52 week high of GBX 191.80 ($2.47). The stock has a 50 day moving average price of GBX 165.84 and a two-hundred day moving average price of GBX 170.70. The stock has a market capitalization of £487.97 million, a PE ratio of 8,490.00, a price-to-earnings-growth ratio of 3.84 and a beta of 1.18.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ESNT. Berenberg Bank reiterated a “buy” rating and issued a GBX 255 ($3.28) target price on shares of Essentra in a research note on Thursday, May 23rd. Jefferies Financial Group cut their target price on Essentra from GBX 260 ($3.34) to GBX 250 ($3.22) and set a “buy” rating on the stock in a research note on Friday, July 12th.

About Essentra

Essentra plc manufactures and distributes plastic injection and vinyl dip moulded, and metal components worldwide. The company offers cable ties and conduit, and accessories; grommets, strain relief, and blanking plugs; cable glands and accessories; caps and plugs; card guides and pullers; circuit board hardware products; EMI suppression ferrite cores; fan accessories comprising filters and fan mounting accessories; screws and nuts; rivet and panel fasteners; barbed and push-fit fasteners; binder screws and snap fasteners; washers; spacers; brushes; feet; fibre management; and furniture fittings.