Key Points
- Kenton Jarvis purchased 30 shares of easyJet on Jan. 12 at GBX 496 (≈£148.80), after buying 31 shares on Dec. 10 at GBX 478, representing small insider purchases.
- easyJet trades at a low valuation with a P/E of 7.45 and PEG 0.59, but carries high leverage (debt-to-equity 110.33) and the share price (~GBX 482) sits slightly below its 50- and 200-day moving averages (~GBX 491).
- Analysts are mixed: the consensus rating is "Hold" with a GBX 613 price target, based on three Buys, two Holds and one Sell, while banks range from bullish targets (Peel Hunt/Panmure Gordon) to JPMorgan's cut to underweight with a GBX 400 target.
easyJet plc (LON:EZJ - Get Free Report) insider Kenton Jarvis purchased 30 shares of the firm's stock in a transaction dated Monday, January 12th. The shares were bought at an average cost of GBX 496 per share, for a total transaction of £148.80.
Kenton Jarvis also recently made the following trade(s):
- On Wednesday, December 10th, Kenton Jarvis acquired 31 shares of easyJet stock. The stock was bought at an average price of GBX 478 per share, with a total value of £148.18.
easyJet Stock Down 1.5%
LON:EZJ opened at GBX 481.82 on Thursday. The company has a market cap of £3.60 billion, a price-to-earnings ratio of 7.45, a P/E/G ratio of 0.59 and a beta of 2.49. The company has a debt-to-equity ratio of 110.33, a quick ratio of 1.09 and a current ratio of 1.02. The stock's fifty day moving average price is GBX 491.59 and its two-hundred day moving average price is GBX 490.19. easyJet plc has a 52-week low of GBX 401.05 and a 52-week high of GBX 590.60.
easyJet (LON:EZJ - Get Free Report) last released its earnings results on Tuesday, November 25th. The company reported GBX 66.40 earnings per share for the quarter. easyJet had a return on equity of 13.89% and a net margin of 4.27%. On average, analysts anticipate that easyJet plc will post 67.3369565 EPS for the current year.
Analyst Ratings Changes
Several research analysts have recently issued reports on the stock. Jefferies Financial Group reaffirmed a "buy" rating on shares of easyJet in a research note on Monday, September 22nd. Peel Hunt reaffirmed a "buy" rating and issued a GBX 850 price objective on shares of easyJet in a research note on Tuesday, November 25th. JPMorgan Chase & Co. cut shares of easyJet to an "underweight" rating and dropped their target price for the company from GBX 500 to GBX 400 in a research report on Monday, December 1st. Citigroup cut their price target on easyJet from GBX 520 to GBX 500 and set a "neutral" rating on the stock in a research note on Wednesday, November 26th. Finally, Panmure Gordon raised their price target on easyJet from GBX 730 to GBX 780 and gave the stock a "buy" rating in a research report on Tuesday, November 25th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, easyJet presently has a consensus rating of "Hold" and a consensus price target of GBX 613.
Check Out Our Latest Research Report on EZJ
About easyJet
(
Get Free Report)
We are a low-cost, European, point-to-point airline. We use our cost advantage, operational efficiency and leading positions in primary airports to deliver low fares for our customers – making great value travel accessible for everyone. We aim to provide simple, convenient travel and holidays at a competitive price with outstanding customer service. easyJet is one of the largest airlines in the world, with 347 aircraft, operating 1,099 routes across 35 countries and 160 airports.
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