Insider Buying: Essentra plc (LON:ESNT) Insider Purchases £10,437.44 in Stock

Essentra plc (LON:ESNT) insider Rowan Baker bought 10,036 shares of the company’s stock in a transaction on Monday, March 24th. The stock was bought at an average price of GBX 104 ($1.35) per share, for a total transaction of £10,437.44 ($13,513.00).

Essentra Trading Down 1.0 %

Shares of ESNT opened at GBX 103.40 ($1.34) on Friday. Essentra plc has a fifty-two week low of GBX 102.65 ($1.33) and a fifty-two week high of GBX 191.80 ($2.48). The business has a 50-day moving average of GBX 118.25 and a 200 day moving average of GBX 135.80. The firm has a market cap of £297.21 million, a P/E ratio of 85.18, a price-to-earnings-growth ratio of 3.84 and a beta of 1.18. 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) last posted its earnings results on Wednesday, March 19th. The company reported GBX 8.50 ($0.11) earnings per share for the quarter. Essentra had a net margin of 1.13% and a return on equity of 1.28%. As a group, research analysts forecast that Essentra plc will post 524.137931 EPS for the current year.

Essentra Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, July 3rd. Investors of record on Thursday, May 15th will be paid a GBX 1.55 ($0.02) dividend. This represents a yield of 1.41%. This is a positive change from Essentra’s previous dividend of $1.25. The ex-dividend date is Thursday, May 15th. Essentra’s payout ratio is currently 329.52%.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 170 ($2.20) price target on shares of Essentra in a report on Wednesday.

About Essentra