Essentra plc Declares Dividend of GBX 1.25 (LON:ESNT)

Essentra plc (LON:ESNT) announced a dividend on Tuesday, July 30th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 19th will be paid a dividend of GBX 1.25 ($0.02) per share on Friday, October 25th. This represents a dividend yield of 0.76%. The ex-dividend date of this dividend is Thursday, September 19th. The official announcement can be viewed at this link.

Essentra Trading Up 4.2 %

Shares of Essentra stock opened at GBX 167.20 ($2.15) on Wednesday. The company’s fifty day simple moving average is GBX 165.84 and its 200-day simple moving average is GBX 170.70. The company has a market cap of £481.64 million, a price-to-earnings ratio of 8,130.00, a PEG ratio of 3.84 and a beta of 1.18. The company has a current ratio of 1.65, a quick ratio of 0.50 and a debt-to-equity ratio of 46.27. Essentra has a 1 year low of GBX 130.20 ($1.67) and a 1 year high of GBX 191.80 ($2.47).

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Berenberg Bank restated a “buy” rating and issued a GBX 255 ($3.28) price objective on shares of Essentra in a research note on Thursday, May 23rd. Jefferies Financial Group lowered their price objective on shares of Essentra from GBX 260 ($3.34) to GBX 250 ($3.22) and set a “buy” rating on the stock in a research note on Friday, July 12th.

Essentra Company Profile

Essentra plc manufactures and distributes plastic injection and vinyl dip moulded, and metal components worldwide. The company offers cable ties and conduit, and accessories; grommets, strain relief, and blanking plugs; cable glands and accessories; caps and plugs; card guides and pullers; circuit board hardware products; EMI suppression ferrite cores; fan accessories comprising filters and fan mounting accessories; screws and nuts; rivet and panel fasteners; barbed and push-fit fasteners; binder screws and snap fasteners; washers; spacers; brushes; feet; fibre management; and furniture fittings.