Key Points
- Insider purchase: Lynn Drummond bought 2,256 Zotefoams shares at an average of GBX 443, investing approximately £9,994.
- Stock performance and financials: Zotefoams shares opened at GBX 444.71, up 1.5%, while the company reported quarterly EPS of GBX 25.70, a 13.88% net margin, and an 18.18% return on equity.
- Analyst outlook: Analysts maintained Buy ratings, with price targets ranging from GBX 550 to GBX 590; MarketBeat reports an average target of GBX 605.
Zotefoams plc (LON:ZTF - Get Free Report) insider Lynn Drummond purchased 2,256 shares of the company's stock in a transaction that occurred on Friday, August 14th. The shares were acquired at an average price of GBX 443 per share, for a total transaction of £9,994.08.
Zotefoams Stock Up 1.5%
ZTF opened at GBX 444.71 on Tuesday. Zotefoams plc has a 12 month low of GBX 318.55 and a 12 month high of GBX 479.88. The company has a market cap of £218.72 million, a PE ratio of 9.91, a price-to-earnings-growth ratio of 0.66 and a beta of 1.24. The company has a current ratio of 1.07, a quick ratio of 0.67 and a debt-to-equity ratio of 44.93. The company has a 50 day moving average of GBX 440.74 and a 200 day moving average of GBX 412.53.
Zotefoams (LON:ZTF - Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported GBX 25.70 earnings per share (EPS) for the quarter. Zotefoams had a net margin of 13.88% and a return on equity of 18.18%.
Analysts Set New Price Targets
A number of analysts recently issued reports on ZTF shares. Berenberg Bank reiterated a "buy" rating and set a GBX 590 price objective on shares of Zotefoams in a research note on Thursday, August 6th. Peel Hunt restated a "buy" rating and issued a GBX 550 target price on shares of Zotefoams in a research note on Wednesday, August 5th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Zotefoams has an average rating of "Buy" and an average target price of GBX 605.
Read Our Latest Research Report 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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