Berenberg Bank Reiterates “Buy” Rating for Essentra (LON:ESNT)

Posted by Doug Wharley on Mar 27th, 2025

Berenberg Bank restated their buy rating on shares of Essentra (LON:ESNT – Free Report) in a research note published on Wednesday morning,London Stock Exchange reports. They currently have a GBX 170 ($2.19) price objective on the stock.

Essentra Stock Performance

ESNT stock traded down GBX 0.80 ($0.01) during midday trading on Wednesday, reaching GBX 103.60 ($1.33). The stock had a trading volume of 3,525,021 shares, compared to its average volume of 2,665,744. The firm has a fifty day simple moving average of GBX 118.66 and a two-hundred day simple moving average of GBX 136.03. Essentra has a 52-week low of GBX 103 ($1.33) and a 52-week high of GBX 191.80 ($2.47). The company has a debt-to-equity ratio of 51.89, a quick ratio of 0.50 and a current ratio of 1.97. The stock has a market cap of £297.78 million, a PE ratio of 85.34, a P/E/G ratio of 3.84 and a beta of 1.18.

Essentra (LON:ESNT – Get Free Report) last released its earnings results on Wednesday, March 19th. The company reported GBX 8.50 ($0.11) EPS for the quarter. Essentra had a return on equity of 1.28% and a net margin of 1.13%. As a group, equities research analysts anticipate that Essentra will post 524.137931 EPS for the current year.

Essentra Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, July 3rd. Stockholders of record on Thursday, May 15th will be paid a GBX 1.55 ($0.02) dividend. The ex-dividend date of this dividend 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 Activity at Essentra

In related news, insider Steve Good purchased 35,000 shares of the firm’s stock in a transaction on Thursday, March 20th. The stock was bought at an average cost of GBX 109 ($1.40) per share, with a total value of £38,150 ($49,118.06). Also, insider Rowan Baker acquired 10,036 shares of the company’s stock in a transaction dated Monday, March 24th. The shares were purchased at an average cost of GBX 104 ($1.34) per share, for a total transaction of £10,437.44 ($13,438.19). 0.99% of the stock is currently owned by insiders.