Key Points
- Insider buying: easyJet director Kenton Jarvis purchased 22 shares at GBX 670 each, worth £147.40. This follows additional purchases in June and July.
- Stock performance: Shares opened at GBX 673.60, near their one-year high of GBX 683.80, and have risen well above their 50-day and 200-day moving averages.
- Analyst outlook: Ratings are mixed, with four Buys, three Holds and one Sell; the consensus rating is Hold with an average price target of GBX 630.
easyJet plc (LON:EZJ - Get Free Report) insider Kenton Jarvis purchased 22 shares of easyJet stock in a transaction that occurred on Monday, August 10th. The stock was acquired at an average price of GBX 670 per share, with a total value of £147.40.
Kenton Jarvis also recently made the following trade(s):
- On Friday, July 10th, Kenton Jarvis bought 22 shares of easyJet stock. The shares were acquired at an average price of GBX 674 per share, with a total value of £148.28.
- On Wednesday, June 10th, Kenton Jarvis purchased 31 shares of easyJet stock. The stock was bought at an average price of GBX 479 per share, for a total transaction of £148.49.
easyJet Price Performance
Shares of LON EZJ opened at GBX 673.60 on Wednesday. The company has a debt-to-equity ratio of 82.36, a current ratio of 1.10 and a quick ratio of 1.09. The company has a market cap of £5.04 billion, a PE ratio of 12.45, a P/E/G ratio of 0.59 and a beta of 1.72. The stock has a fifty day moving average price of GBX 582.13 and a 200 day moving average price of GBX 467.60. easyJet plc has a 1-year low of GBX 332.60 and a 1-year high of GBX 683.80.
easyJet (LON:EZJ - Get Free Report) last issued its earnings results on Thursday, May 21st. The company reported GBX (50.10) earnings per share for the quarter. easyJet had a net margin of 3.93% and a return on equity of 11.57%. The firm had revenue of GBX 395 million during the quarter. Sell-side analysts forecast that easyJet plc will post 67.3369565 EPS for the current year.
Analysts Set New Price Targets
EZJ has been the topic of a number of analyst reports. Royal Bank Of Canada lowered easyJet to a "sector perform" rating and set a GBX 600 price objective on the stock. in a report on Friday, August 7th. JPMorgan Chase & Co. raised their price target on easyJet from GBX 360 to GBX 715 and gave the company a "neutral" rating in a report on Friday, August 7th. Deutsche Bank Aktiengesellschaft restated a "sell" rating and issued a GBX 340 price target on shares of easyJet in a research note on Tuesday, June 2nd. Finally, UBS Group reaffirmed a "buy" rating and set a GBX 635 price objective on shares of easyJet in a report on Monday, May 18th. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, easyJet currently has a consensus rating of "Hold" and an average price target of GBX 630.
Read Our Latest Research Report on EZJ
easyJet Company Profile
(
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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