Kenton Jarvis Acquires 30 Shares of easyJet (LON:EZJ) Stock

easyJet plc (LON:EZJ) insider Kenton Jarvis purchased 30 shares of the business’s stock in a transaction that occurred on Monday, January 12th. The stock was bought at an average cost of GBX 496 per share, with a total value 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 shares were bought at an average cost of GBX 478 per share, for a total transaction of £148.18.

easyJet Stock Up 0.4%

Shares of LON EZJ opened at GBX 484 on Friday. The firm has a market cap of £3.62 billion, a price-to-earnings ratio of 7.48, a price-to-earnings-growth ratio of 0.59 and a beta of 2.49. The company’s 50-day simple moving average is GBX 491.70 and its 200-day simple moving average is GBX 490.15. The company has a quick ratio of 1.09, a current ratio of 1.02 and a debt-to-equity ratio of 110.33. easyJet plc has a 52-week low of GBX 401.05 and a 52-week high of GBX 590.60.

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

Wall Street Analyst Weigh In

Several brokerages recently commented on EZJ. Jefferies Financial Group reiterated a “buy” rating on shares of easyJet in a research report on Monday, September 22nd. Citigroup dropped their target price on shares of easyJet from GBX 520 to GBX 500 and set a “neutral” rating for the company in a report on Wednesday, November 26th. Panmure Gordon increased their target price on shares of easyJet from GBX 730 to GBX 780 and gave the company a “buy” rating in a research report on Tuesday, November 25th. JPMorgan Chase & Co. lowered shares of easyJet to an “underweight” rating and lowered their price target for the stock from GBX 500 to GBX 400 in a research report on Monday, December 1st. Finally, Deutsche Bank Aktiengesellschaft cut shares of easyJet to a “sell” rating and dropped their price objective for the company from GBX 535 to GBX 465 in a research note on Thursday. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of GBX 599.

easyJet Company Profile

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.