Key Points
- Insider purchase: Rowan Baker bought 10,977 shares at GBX 91 on March 17 for £9,989.07, and other senior executives also made sizeable buys, a move that signals management confidence.
- Analyst backdrop: The stock has a consensus Buy rating with a consensus target of GBX 164, although Royal Bank of Canada and Deutsche Bank have trimmed targets to GBX 130 and GBX 150 respectively.
- Operational outlook: Essentra reported Q3 EPS of GBX 6.10 and displayed margin pressure (net margin ~0.7%, ROE ~0.8%), so successful execution of its margin-rebuilding plan is the key catalyst for earnings recovery.
Essentra plc (LON:ESNT - Get Free Report) insider Rowan Baker bought 10,977 shares of Essentra stock in a transaction on Tuesday, March 17th. The shares were acquired at an average price of GBX 91 per share, for a total transaction of £9,989.07.
Essentra Stock Performance
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 fifty day simple moving average of GBX 101.71 and a two-hundred day simple moving average of GBX 100.65. The company has a quick ratio of 0.50, a current ratio of 2.20 and a debt-to-equity ratio of 47.67. The company has a market cap of £266.31 million, a price-to-earnings ratio of 28.33, a price-to-earnings-growth ratio of 3.84 and a beta of 0.86.
Essentra (LON:ESNT - Get Free Report) last announced its quarterly earnings data on Tuesday, March 17th. The company reported GBX 6.10 earnings per share (EPS) for the quarter. Essentra had a return on equity of 0.79% and a net margin of 0.70%. As a group, equities analysts anticipate that Essentra plc will post 524.137931 earnings per share for the current fiscal year.
Analysts Set New Price Targets
ESNT has been the subject of several recent research reports. Royal Bank Of Canada decreased their price objective on Essentra to GBX 130 and set an "outperform" rating for the company in a research note on Wednesday. Deutsche Bank Aktiengesellschaft cut their target price on shares of Essentra from GBX 165 to GBX 150 and set a "buy" rating on the stock in a research note on Thursday, January 15th. Finally, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 160 target price on shares of Essentra in a report on Thursday. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of GBX 164.
Get Our Latest Stock Analysis on Essentra
Essentra News Summary
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)
Essentra Company Profile
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
