Insider Selling: Essentra (LON:ESNT) Insider Sells 21,279 Shares of Stock
by Sarita Garza · The Markets DailyEssentra plc (LON:ESNT – Get Free Report) insider Scott Fawcett sold 21,279 shares of the company’s stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of GBX 90, for a total transaction of £19,151.10.
Essentra Stock Up 1.2%
Shares of LON ESNT traded up GBX 1.10 during midday trading on Friday, hitting GBX 93.60. The stock had a trading volume of 320,775 shares, compared to its average volume of 1,520,177. The business’s 50 day moving average is GBX 98.59 and its 200-day moving average is GBX 99.94. The company has a market cap of £266.15 million, a P/E ratio of 133.71, a PEG ratio of 3.84 and a beta of 0.86. Essentra plc has a 52 week low of GBX 86.90 and a 52 week high of GBX 123.80. The company has a quick ratio of 0.50, a current ratio of 2.20 and a debt-to-equity ratio of 47.67.
Essentra (LON:ESNT – Get Free Report) last issued its earnings results on Tuesday, March 17th. The company reported GBX 6.10 earnings per share (EPS) for the quarter. Essentra had a net margin of 0.70% and a return on equity of 0.79%. As a group, analysts predict that Essentra plc will post 524.137931 EPS for the current year.
Analysts Set New Price Targets
Several equities analysts recently weighed in on ESNT shares. Jefferies Financial Group reaffirmed a “buy” rating on shares of Essentra in a research note on Friday, March 20th. Royal Bank Of Canada dropped their price objective on shares of Essentra to GBX 130 and set an “outperform” rating for the company in a research note on Wednesday, March 18th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 160 price target on shares of Essentra in a research note on Thursday, March 19th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on shares of Essentra from GBX 165 to GBX 150 and set a “buy” rating for the company in a report on Thursday, January 15th. Five analysts have rated the stock with a Buy rating, According to MarketBeat, Essentra currently has a consensus rating of “Buy” and an average price target of GBX 164.
Read Our Latest Analysis on Essentra
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.