Essentra plc (LON:ESNT – Get Free Report) hit a new 52-week low on Thursday . The company traded as low as GBX 102.65 ($1.32) and last traded at GBX 103.40 ($1.33), with a volume of 29734020 shares changing hands. The stock had previously closed at GBX 104.40 ($1.34).
Analyst Ratings Changes
Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 170 ($2.19) price objective on shares of Essentra in a research note on Wednesday.
View Our Latest Stock Analysis on ESNT
Essentra Stock Performance
Essentra (LON:ESNT – Get Free Report) last announced its earnings results on Wednesday, March 19th. The company reported GBX 8.50 ($0.11) EPS for the quarter. Essentra had a net margin of 1.13% and a return on equity of 1.28%. Research analysts anticipate that Essentra plc will post 524.137931 earnings per share for the current fiscal year.
Essentra Increases Dividend
The firm also recently announced a dividend, which will be paid on Thursday, July 3rd. Stockholders of record on Thursday, May 15th will be issued a GBX 1.55 ($0.02) dividend. The ex-dividend date is Thursday, May 15th. This represents a dividend yield of 1.41%. This is a positive change from Essentra’s previous dividend of $1.25. Essentra’s dividend payout ratio is presently 329.52%.
Insider Transactions at Essentra
In other news, insider Rowan Baker acquired 10,036 shares of the business’s stock in a transaction that occurred on Monday, March 24th. The stock was acquired at an average cost of GBX 104 ($1.34) per share, for a total transaction of £10,437.44 ($13,438.19). Also, insider Steve Good bought 35,000 shares of the stock in a transaction on Thursday, March 20th. The stock was purchased at an average price of GBX 109 ($1.40) per share, for a total transaction of £38,150 ($49,118.06). 0.99% of the stock is currently owned by insiders.
About Essentra
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