Insider Buying: easyJet (LON:EZJ) Insider Purchases 31 Shares of Stock

easyJet plc (LON:EZJ) insider Kenton Jarvis purchased 31 shares of the stock in a transaction dated Wednesday, December 10th. The stock was acquired at an average cost of GBX 478 per share, for a total transaction of £148.18.

Kenton Jarvis also recently made the following trade(s):

• On Friday, October 10th, Kenton Jarvis purchased 32 shares of easyJet stock. The stock was purchased at an average cost of GBX 470 per share, for a total transaction of £150.40.

easyJet Price Performance

LON:EZJ traded up GBX 9.10 during trading hours on Thursday, hitting GBX 485.50. 88,801,359 shares of the company’s stock traded hands, compared to its average volume of 13,410,706. easyJet plc has a 52 week low of GBX 401.05 and a 52 week high of GBX 594. The company has a quick ratio of 1.09, a current ratio of 1.02 and a debt-to-equity ratio of 110.33. The firm has a market cap of £3.65 billion, a P/E ratio of 7.50, a P/E/G ratio of 0.59 and a beta of 2.49. The business’s fifty day simple moving average is GBX 478.48 and its two-hundred day simple moving average is GBX 498.87.

easyJet (LON:EZJ) last announced its earnings results on Tuesday, November 25th. The company reported GBX 66.40 earnings per share (EPS) for the quarter. easyJet had a net margin of 4.27% and a return on equity of 13.89%. On average, research analysts anticipate that easyJet plc will post 67.3369565 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have commented on EZJ. JPMorgan Chase & Co. lowered easyJet to an “underweight” rating and lowered their price target for the company from GBX 500 to GBX 400 in a research report on Monday, December 1st. Jefferies Financial Group reissued a “buy” rating on shares of easyJet in a research note on Monday, September 22nd. Panmure Gordon lifted their price objective on easyJet from GBX 730 to GBX 780 and gave the stock a “buy” rating in a report on Tuesday, November 25th. Peel Hunt reissued a “buy” rating and set a GBX 850 price target on shares of easyJet in a report on Tuesday, November 25th. Finally, Citigroup reduced their price objective on shares of easyJet from GBX 520 to GBX 500 and set a “neutral” rating on the stock in a research report on Wednesday, November 26th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of GBX 613.

About easyJet

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.