Key Points
- Insider purchase: Senior Independent Non‑Executive Director Rachel Kentleton bought 1,638 shares at GBX 1,306 each (≈£21,392), signalling management confidence in the stock.
- Capital returns and growth investments: The board extended a previously announced £100m buyback and Jet2 is funding pilot training and route expansion to support capacity and EPS.
- Operational and safety concerns: Recent mid‑air brawls and emergency landings have caused reputational damage and could lead to regulatory, insurance and operational cost risks.
Jet2 plc (LON:JET2 - Get Free Report) insider Rachel Kentleton purchased 1,638 shares of the firm's stock in a transaction dated Wednesday, February 18th. The shares were bought at an average price of GBX 1,306 per share, with a total value of £21,392.28.
Jet2 Stock Performance
LON JET2 opened at GBX 1,293.46 on Friday. The company's fifty day moving average is GBX 1,324.68 and its two-hundred day moving average is GBX 1,395.58. The firm has a market capitalization of £2.41 billion, a price-to-earnings ratio of 5.52, a P/E/G ratio of 9.34 and a beta of 2.27. The company has a debt-to-equity ratio of 103.30, a current ratio of 1.36 and a quick ratio of 1.49. Jet2 plc has a 52-week low of GBX 1,088 and a 52-week high of GBX 1,963.
Jet2 (LON:JET2 - Get Free Report) last issued its earnings results on Wednesday, November 19th. The company reported GBX 300.40 EPS for the quarter. Jet2 had a net margin of 6.38% and a return on equity of 26.53%. Equities research analysts forecast that Jet2 plc will post 170.9134615 EPS for the current year.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on JET2 shares. JPMorgan Chase & Co. downgraded Jet2 to a "neutral" rating and decreased their price objective for the stock from GBX 1,850 to GBX 1,450 in a report on Monday, December 1st. Royal Bank Of Canada reissued an "outperform" rating and set a GBX 2,150 price target on shares of Jet2 in a research report on Monday, November 24th. Deutsche Bank Aktiengesellschaft cut their price objective on Jet2 from GBX 2,059 to GBX 1,857 and set a "buy" rating for the company in a report on Wednesday, November 19th. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 2,100 price target on shares of Jet2 in a research note on Thursday, November 20th. Finally, Canaccord Genuity Group restated a "buy" rating and set a GBX 2,250 price objective on shares of Jet2 in a research note on Wednesday, November 12th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of GBX 1,917.83.
View Our Latest Analysis on JET2
Jet2 News Summary
Here are the key news stories impacting Jet2 this week:
- Positive Sentiment: Board continues capital return: Jet2 extended its previously announced £100m buyback with fresh repurchases and cancellation, reducing share count and supporting EPS. Article Title
- Positive Sentiment: Senior director increases stake / insider buy: Senior Independent Non‑Executive Director Rachel Kentleton bought 1,638 shares at ~GBX 1,306, signalling management confidence. Article Title
- Positive Sentiment: Capacity and crew investment: Jet2 opened another round of fully funded pilot training to address pilot supply and enable growth — a medium‑term positive for operations and schedule reliability. Article Title
- Positive Sentiment: Route expansion: Jet2 is launching new flights to a little‑known Greek island, adding leisure capacity and potential seasonal revenue upside. Article Title
- Neutral Sentiment: Customer policy enforcement: Jet2 has publicly banned passengers for life after instances of appalling behaviour on a flight — shows strict enforcement but highlights ongoing passenger conduct risks. Article Title
- Negative Sentiment: Operational / safety headlines: Multiple stories report a violent mid‑air brawl that forced at least one Jet2 flight to divert and another UK‑bound flight to declare an emergency and land in Bristol — immediate reputational damage, potential regulatory inquiries, increased insurance/operational costs and short‑term consumer concern. Coverage includes video of the brawl and emergency landing reports. Article Title Article Title Article Title
About Jet2
(
Get Free Report)
Jet2 plc is a leading leisure travel group, specialising in friendly low fares from its award-winning airline, Jet2.com, and package holidays you can trust from the UK's largest package holiday provider, Jet2holidays.
Jet2.com is the UK's third largest airline, flying from 12 UK airports to over 70 destinations across Europe and beyond and Jet2holidays is the UK's largest tour operator.
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