Scott Fawcett Buys 10,479 Shares of Essentra plc (LON:ESNT) Stock

Posted by Faye Duncan on Sep 21st, 2024

Essentra plc (LON:ESNT – Get Free Report) insider Scott Fawcett purchased 10,479 shares of the firm’s stock in a transaction on Wednesday, September 18th. The stock was bought at an average cost of GBX 142 ($1.88) per share, with a total value of £14,880.18 ($19,656.78).

Essentra Stock Up 2.6 %

ESNT stock opened at GBX 148.80 ($1.97) on Friday. The firm has a market cap of £428.11 million, a PE ratio of 7,980.00, a P/E/G 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. The firm’s fifty day moving average is GBX 165.45 and its 200 day moving average is GBX 170.58. Essentra plc has a one year low of GBX 125.92 ($1.66) and a one year high of GBX 191.80 ($2.53).

Essentra Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, October 25th. Investors of record on Thursday, September 19th will be given a dividend of GBX 1.25 ($0.02) per share. The ex-dividend date is Thursday, September 19th. This represents a yield of 0.76%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on ESNT shares. Deutsche Bank Aktiengesellschaft cut their target price on shares of Essentra from GBX 240 ($3.17) to GBX 200 ($2.64) and set a “buy” rating for the company in a report on Tuesday. Jefferies Financial Group dropped their price target on shares of Essentra from GBX 260 ($3.43) to GBX 250 ($3.30) and set a “buy” rating on the stock in a research report on Friday, July 12th.

Read Our Latest Research Report on Essentra

Essentra Company Profile

(Get Free Report)

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.