Essentra plc (LON:ESNT) Insider Rowan Baker Purchases 10,386 Shares

Key Points

• Essentra plc insider Rowan Baker purchased a total of 19,973 shares at an average cost of GBX 104 ($1.40) per share, amounting to £20,771.92 ($28,933.26).
• The company's stock price recently rose to GBX 103.96 ($1.40) with a market capitalization of £298.82 million.
• Brokerages including Deutsche Bank and Berenberg Bank have issued "buy" ratings for Essentra, with price targets ranging from GBX 170 ($2.29) to GBX 230 ($3.09).

Essentra plc (LON:ESNT - Get Free Report) insider Rowan Baker acquired 10,386 shares of the company's stock in a transaction on Friday, August 8th. The stock was purchased at an average cost of GBX 104 ($1.40) per share, for a total transaction of £10,801.44 ($14,525.87).

Rowan Baker also recently made the following trade(s):

• On Friday, August 8th, Rowan Baker purchased 9,587 shares of Essentra stock. The shares were purchased at an average price of GBX 104 ($1.40) per share, for a total transaction of £9,970.48 ($13,408.39).

Essentra Price Performance

Shares of ESNT traded up GBX 0.96 ($0.01) during trading hours on Friday, reaching GBX 103.96 ($1.40). The company had a trading volume of 1,639,274 shares, compared to its average volume of 1,802,529. The company has a market capitalization of £298.82 million, a price-to-earnings ratio of 85.64, a PEG ratio of 3.84 and a beta of 1.18. Essentra plc has a 12-month low of GBX 88.53 ($1.19) and a 12-month high of GBX 180.80 ($2.43). The firm has a 50 day simple moving average of GBX 103.87 and a 200-day simple moving average of GBX 105.92. The company has a current ratio of 1.97, a quick ratio of 0.50 and a debt-to-equity ratio of 51.89.

Essentra (LON:ESNT - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The company reported GBX 3.40 ($0.05) earnings per share (EPS) for the quarter. Essentra had a net margin of 1.13% and a return on equity of 1.28%. Research analysts expect that Essentra plc will post 524.137931 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages recently commented on ESNT. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 175 ($2.35) price objective on shares of Essentra in a research report on Wednesday, July 30th. Berenberg Bank reissued a "buy" rating and set a GBX 170 ($2.29) target price on shares of Essentra in a research note on Tuesday, July 29th. Finally, Peel Hunt restated a "buy" rating and issued a GBX 230 ($3.09) price target on shares of Essentra in a research note on Tuesday, July 29th.

Essentra Company Profile

Essentra plc is a leading global provider of essential components and solutions, focusing on the manufacture and distribution of plastic injection moulded, vinyl dip moulded and metal items. Headquartered in the United Kingdom, Essentra's global network extends to 28 countries worldwide and includes c.3,000 employees, 14 manufacturing facilities, 26 distribution centres and 37 sales & service centres serving c.64,000 customers with a rapid supply of low cost but essential products for a variety of applications in industries such as equipment manufacturing, automotive, fabrication, electronics, medical and renewable energy.

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