Nick Wright Buys 40 Shares of Zotefoams (LON:ZTF) Stock

Key Points

  • Insider purchase: Nick Wright bought 40 shares of Zotefoams on April 13 at GBX 379 each, for a total of £151.60.
  • Analysts bullish: Three analysts have a "Buy" consensus on ZTF with a consensus price target of GBX 605, including upward revisions from Berenberg (to GBX 590) and Canaccord (to GBX 675).
  • Financials & valuation: Shares trade around GBX 378 with a market cap of £184.93m and a P/E of 8.42; the company reported GBX 38 EPS for the quarter, with ROE of 18.25% and a net margin of 14.28%.

Zotefoams plc (LON:ZTF - Get Free Report) insider Nick Wright bought 40 shares of Zotefoams stock in a transaction dated Monday, April 13th. The shares were bought at an average cost of GBX 379 per share, with a total value of £151.60.

Zotefoams Trading Down 0.3%

Shares of LON ZTF opened at GBX 378 on Thursday. Zotefoams plc has a 12 month low of GBX 236.30 and a 12 month high of GBX 479.88. The company has a market cap of £184.93 million, a price-to-earnings ratio of 8.42, a P/E/G ratio of 0.66 and a beta of 1.20. The company has a quick ratio of 0.67, a current ratio of 1.02 and a debt-to-equity ratio of 43.83. The business has a fifty day simple moving average of GBX 393.35 and a 200-day simple moving average of GBX 400.86.

Zotefoams (LON:ZTF - Get Free Report) last announced its earnings results on Tuesday, March 17th. The company reported GBX 38 EPS for the quarter. Zotefoams had a return on equity of 18.25% and a net margin of 14.28%.

Wall Street Analysts Forecast Growth

ZTF has been the subject of several analyst reports. Berenberg Bank upped their target price on Zotefoams from GBX 540 to GBX 590 and gave the company a "buy" rating in a report on Tuesday, January 27th. Canaccord Genuity Group increased their price objective on Zotefoams from GBX 640 to GBX 675 and gave the stock a "buy" rating in a research note on Wednesday, March 18th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Zotefoams currently has a consensus rating of "Buy" and a consensus price target of GBX 605.




View Our Latest Stock Analysis on Zotefoams

Zotefoams Company Profile

(Get Free Report)

Zotefoams plc, together with its subsidiaries, manufactures, distributes, and sells polyolefin block foams in the United Kingdom, rest of Europe, North America, and internationally. The company operates through Polyolefin Foams, High-Performance Products, and MuCell Extrusion LLC segments. It offers AZOTE, a polyolefin foam under the Plastazote, Evazote, and Supazote, AZOTE Adapt brands; and various high-performance foams manufactured from fluoropolymers, engineering polymers, and specialty elastomers under the ZOTEK brand; and Ecozote foam for plastic products that offers circularity and reduce reliance on fossil fuel-derived raw materials.

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