Kenton Jarvis Acquires 31 Shares of easyJet (LON:EZJ) Stock

easyJet plc (LON:EZJ) insider Kenton Jarvis acquired 31 shares of the stock in a transaction dated Wednesday, June 10th. The shares were bought at an average price of GBX 479 per share, with a total value of £148.49.

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

• On Monday, May 11th, Kenton Jarvis bought 42 shares of easyJet stock. The stock was acquired at an average price of GBX 363 per share, with a total value of £152.46.
• On Friday, April 10th, Kenton Jarvis bought 38 shares of easyJet stock. The stock was acquired at an average price of GBX 389 per share, with a total value of £147.82.

easyJet Stock Performance

EZJ stock remained flat at GBX 500 during mid-day trading on Monday. The company’s stock had a trading volume of 9,615,519 shares, compared to its average volume of 36,560,566. The company has a market capitalization of £3.74 billion, a P/E ratio of 9.24, a price-to-earnings-growth ratio of 0.59 and a beta of 1.73. The business’s 50 day moving average price is GBX 387.99 and its 200 day moving average price is GBX 436.53. The company has a debt-to-equity ratio of 82.36, a quick ratio of 1.09 and a current ratio of 1.10. easyJet plc has a 1-year low of GBX 332.60 and a 1-year high of GBX 557.60.

easyJet (LON:EZJ) last issued its earnings results on Thursday, May 21st. The company reported GBX (50.10) earnings per share for the quarter. The business had revenue of GBX 395 million during the quarter. easyJet had a return on equity of 11.57% and a net margin of 3.93%. As a group, equities analysts expect that easyJet plc will post 67.3369565 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on EZJ shares. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and issued a GBX 340 target price on shares of easyJet in a report on Tuesday, June 2nd. UBS Group reiterated a “buy” rating and issued a GBX 635 target price on shares of easyJet in a report on Monday, May 18th. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 405 target price on shares of easyJet in a report on Monday, June 1st. Finally, JPMorgan Chase & Co. cut their price target on easyJet from GBX 400 to GBX 350 and set an “underweight” rating on the stock in a report on Wednesday, April 15th. Five investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, easyJet has an average rating of “Hold” and a consensus price target of GBX 550.

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. easyJet is one of the largest airlines in the world, with 347 aircraft, operating 1,099 routes across 35 countries and 160 airports.