Jon Green Sells 1,207 Shares of Essentra PLC (ESNT) Stock

Essentra PLC (LON:ESNT) insider Jon Green sold 1,207 shares of the firm’s stock in a transaction that occurred on Thursday, April 11th. The stock was sold at an average price of GBX 410 ($5.36), for a total transaction of £4,948.70 ($6,466.35).

ESNT traded up GBX 5 ($0.07) during trading hours on Friday, reaching GBX 410 ($5.36). 457,066 shares of the stock traded hands, compared to its average volume of 637,881. The firm has a market cap of $1.07 billion and a price-to-earnings ratio of 44.57. Essentra PLC has a fifty-two week low of GBX 324.80 ($4.24) and a fifty-two week high of GBX 517 ($6.76). The company has a current ratio of 1.67, a quick ratio of 0.98 and a debt-to-equity ratio of 51.52.

The firm also recently declared a dividend, which will be paid on Monday, June 3rd. Stockholders of record on Thursday, April 25th will be given a GBX 14.40 ($0.19) dividend. This is an increase from Essentra’s previous dividend of $6.30. This represents a dividend yield of 3.71%. The ex-dividend date is Thursday, April 25th. Essentra’s dividend payout ratio (DPR) is presently 2.28%.

Several analysts recently weighed in on ESNT shares. Deutsche Bank dropped their target price on shares of Essentra from GBX 460 ($6.01) to GBX 420 ($5.49) and set a “buy” rating for the company in a report on Wednesday, February 27th. Peel Hunt reissued a “buy” rating on shares of Essentra in a research report on Monday, February 11th. Numis Securities reiterated a “buy” rating and set a GBX 485 ($6.34) price target on shares of Essentra in a research note on Friday, March 1st. Finally, Stifel Nicolaus lowered shares of Essentra to a “hold” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Essentra has an average rating of “Buy” and a consensus price target of GBX 475 ($6.21).

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Essentra Company Profile

Essentra plc manufactures and sells specialist plastic, fiber, foam, and packaging products worldwide. It operates through four divisions: Component, Packaging, Filter Products, and Specialist Components. The Component division offers plastic injection molded, vinyl dip-molded, and metal items for equipment manufacturing, automotive, fabrication, electronics, and construction industries; and component solutions for protection and finishing purposes.

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