Essentra plc (LON:ESNT - Get Free Report) shares hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 88.53 ($1.17) and last traded at GBX 90.01 ($1.19), with a volume of 2249403 shares trading hands. The stock had previously closed at GBX 93.20 ($1.23).
Analysts Set New Price Targets
Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 170 ($2.24) price target on shares of Essentra in a report on Wednesday, March 26th.
View Our Latest Stock Report on ESNT
Essentra Stock Performance
The stock's 50-day moving average price is GBX 110.91 and its 200-day moving average price is GBX 130.03. The company has a market cap of £268.47 million, a P/E ratio of 76.94, a PEG ratio of 3.84 and a beta of 1.18. The company has a debt-to-equity ratio of 51.89, a current ratio of 1.97 and a quick ratio of 0.50.
Essentra (LON:ESNT - Get Free Report) last released its earnings results on Wednesday, March 19th. The company reported GBX 8.50 ($0.11) earnings per share (EPS) for the quarter. Essentra had a return on equity of 1.28% and a net margin of 1.13%. Equities analysts anticipate that Essentra plc will post 524.137931 EPS for the current year.
Essentra Increases Dividend
The firm also recently announced a dividend, which will be paid on Thursday, July 3rd. Shareholders of record on Thursday, May 15th will be given a GBX 1.55 ($0.02) dividend. This represents a yield of 1.41%. The ex-dividend date is Thursday, May 15th. This is a boost from Essentra's previous dividend of $1.25. Essentra's payout ratio is currently 329.52%.
Insider Activity at Essentra
In related news, insider Steve Good acquired 35,000 shares of the business's stock in a transaction that occurred on Thursday, March 20th. The shares were bought at an average cost of GBX 109 ($1.44) per share, with a total value of £38,150 ($50,303.27). Also, insider Rowan Baker purchased 10,036 shares of the company's stock in a transaction dated Monday, March 24th. The stock was purchased at an average price of GBX 104 ($1.37) per share, for a total transaction of £10,437.44 ($13,762.45). 0.99% of the stock is owned by insiders.
Essentra Company Profile
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