Essentra (LON:ESNT) Announces Quarterly Earnings Results

Essentra (LON:ESNT) released its earnings results on Wednesday. The company reported GBX 8.50 ($0.11) EPS for the quarter, Digital Look Earnings reports. Essentra had a return on equity of 1.28% and a net margin of 1.13%.

Essentra Stock Down 4.5 %

Shares of ESNT stock traded down GBX 5 ($0.06) on Friday, reaching GBX 105.20 ($1.36). 18,830,412 shares of the stock were exchanged, compared to its average volume of 2,870,963. The company has a current ratio of 1.97, a quick ratio of 0.50 and a debt-to-equity ratio of 51.89. The business’s 50 day moving average price is GBX 119.85 and its 200 day moving average price is GBX 138.04. The company has a market capitalization of £302.38 million, a price-to-earnings ratio of 86.66, a PEG ratio of 3.84 and a beta of 1.18. Essentra has a twelve month low of GBX 105 ($1.36) and a twelve month high of GBX 191.80 ($2.49).

Essentra Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, July 3rd. Investors of record on Thursday, May 15th will be paid a dividend of GBX 1.55 ($0.02) per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a dividend yield of 1.41%. This is an increase from Essentra’s previous dividend of $1.25. Essentra’s payout ratio is presently 329.52%.

Insider Buying and Selling

In other news, insider Steve Good bought 35,000 shares of the stock in a transaction that occurred on Thursday, March 20th. The stock was purchased at an average price of GBX 109 ($1.41) per share, for a total transaction of £38,150 ($49,468.36). Insiders own 0.99% of the company’s stock.

Essentra Company Profile