Essentra plc (LON:ESNT) to Issue GBX 1.25 Dividend

Essentra plc (LON:ESNT) declared a dividend on Tuesday, July 30th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 19th will be given 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 Down 19.5 %

ESNT opened at GBX 134.64 ($1.78) on Tuesday. The company has a quick ratio of 0.50, a current ratio of 1.97 and a debt-to-equity ratio of 51.89. The stock has a market cap of £387.37 million, a price-to-earnings ratio of 7,980.00, a PEG ratio of 3.84 and a beta of 1.18. Essentra has a twelve month low of GBX 125.92 ($1.66) and a twelve month high of GBX 191.80 ($2.53). The company’s 50-day moving average price is GBX 166.63 and its two-hundred day moving average price is GBX 171.16.

Analyst Ratings Changes

A number of research analysts have weighed in on ESNT shares. Jefferies Financial Group dropped their target price on shares of Essentra from GBX 260 ($3.43) to GBX 250 ($3.30) and set a “buy” rating on the stock in a research note on Friday, July 12th. Berenberg Bank reiterated a “buy” rating and issued a GBX 255 ($3.37) target price 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.