Essentra plc (LON:ESNT) Announces GBX 1.25 Dividend

Essentra plc (LON:ESNT) announced a dividend on Tuesday, July 30th, Upcoming.Co.Uk reports. Shareholders 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 yield of 0.76%. The ex-dividend date is Thursday, September 19th. The official announcement can be viewed at this link.

Essentra Stock Performance

Shares of Essentra stock opened at GBX 143.40 ($1.89) on Wednesday. The company has a 50 day moving average price of GBX 166.63 and a 200 day moving average price of GBX 171.16. The firm has a market capitalization of £412.58 million, a P/E ratio of 7,980.00, a PEG ratio of 3.84 and a beta of 1.18. The company has a quick ratio of 0.50, a current ratio of 1.97 and a debt-to-equity ratio of 51.89. Essentra has a 52 week low of GBX 125.92 ($1.66) and a 52 week high of GBX 191.80 ($2.53).

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on ESNT shares. Jefferies Financial Group lowered their price objective on shares of Essentra from GBX 260 ($3.43) to GBX 250 ($3.30) and set a “buy” rating for the company in a research note on Friday, July 12th. Berenberg Bank reiterated a “buy” rating and set a GBX 255 ($3.37) price target on shares of Essentra in a research note on Thursday, May 23rd.

About Essentra

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.