Essentra (LON:ESNT) Posts Quarterly Earnings Results

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

Essentra Price Performance

LON ESNT traded down GBX 5.20 ($0.07) on Friday, hitting GBX 105 ($1.36). The company had a trading volume of 18,677,176 shares, compared to its average volume of 2,869,153. The company has a market capitalization of £301.81 million, a PE ratio of 86.50, a PEG ratio of 3.84 and a beta of 1.18. The company’s fifty day moving average price is GBX 119.85 and its 200-day moving average price is GBX 138.04. The company has a debt-to-equity ratio of 51.89, a current ratio of 1.97 and a quick ratio of 0.50. Essentra has a 12-month low of GBX 105 ($1.36) and a 12-month high of GBX 191.80 ($2.49).

Essentra Increases Dividend

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

Insider Buying and Selling

In other Essentra news, insider Steve Good bought 35,000 shares of the company’s stock in a transaction dated Thursday, March 20th. The stock was acquired at an average price of GBX 109 ($1.41) per share, with a total value of £38,150 ($49,468.36). 0.99% of the stock is owned by insiders.

Essentra Company Profile