Essentra (LON:ESNT) Insider Buys £37,200 in Stock

Essentra plc (LON:ESNT) insider Steve Good acquired 40,000 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were bought at an average price of GBX 93 per share, with a total value of £37,200.

Essentra Stock Down 4.0%

Shares of LON:ESNT opened at GBX 93.50 on Friday. Essentra plc has a 52 week low of GBX 88.53 and a 52 week high of GBX 123.80. The company has a debt-to-equity ratio of 47.67, a quick ratio of 0.50 and a current ratio of 2.20. The company’s fifty day moving average is GBX 101.71 and its 200-day moving average is GBX 100.65. The company has a market capitalization of £266.31 million, a PE ratio of 28.33, a P/E/G ratio of 3.84 and a beta of 0.86.

Essentra (LON:ESNT) last announced 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%. Equities research analysts predict that Essentra plc will post 524.137931 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on ESNT. Deutsche Bank Aktiengesellschaft reduced their target price on Essentra from GBX 165 to GBX 150 and set a “buy” rating on the stock in a report on Thursday, January 15th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 160 price target on shares of Essentra in a report on Thursday. Finally, Royal Bank Of Canada cut their price objective on Essentra to GBX 130 and set an “outperform” rating for the company in a research report on Wednesday. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Essentra has a consensus rating of “Buy” and a consensus target price of GBX 164.

Essentra News Roundup

Here are the key news stories impacting Essentra this week:

• Positive Sentiment: Large insider purchases by senior executives (Steve Good bought 40,000 shares at GBX 93; Kath Durrant and Rowan Baker also purchased ~10.9k shares each near GBX 91) signal management confidence and can underpin the stock. Insider Trades Alert
• Positive Sentiment: Berenberg Bank reissued a “buy” rating and set a GBX 160 price target, which supports upside expectations versus the current trading level. London Stock Exchange
• Positive Sentiment: Company outlined a plan to rebuild margins as sales return to growth — execution of that plan is the key catalyst for earnings recovery over the medium term. Investors Chronicle: Plan to Rebuild Margins
• Neutral Sentiment: Q3 results roughly met expectations (GBX 6.10 EPS) but showed margin pressure and weak return metrics — this limits downside from an earnings surprise but leaves scope for upside only if margins improve. Earnings Coverage
• Negative Sentiment: Royal Bank of Canada trimmed its price target to GBX 130 (still “outperform”), and Deutsche Bank also reduced its target — these downward revisions may pressure sentiment despite some buy ratings. Broker Ratings (Digital Look)

About Essentra

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.