Kenton Jarvis Acquires 25 Shares of easyJet plc (LON:EZJ) Stock

easyJet plc (LON:EZJ) insider Kenton Jarvis purchased 25 shares of the business’s stock in a transaction on Wednesday, April 10th. The stock was purchased at an average price of GBX 586 ($7.42) per share, with a total value of £146.50 ($185.42).

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

• On Monday, March 11th, Kenton Jarvis bought 28 shares of easyJet stock. The shares were bought at an average price of GBX 548 ($6.94) per share, with a total value of £153.44 ($194.20).
• On Monday, February 12th, Kenton Jarvis bought 27 shares of easyJet stock. The shares were bought at an average price of GBX 546 ($6.91) per share, with a total value of £147.42 ($186.58).

easyJet Price Performance

LON:EZJ opened at GBX 550.40 ($6.97) on Friday. easyJet plc has a 52 week low of GBX 350 ($4.43) and a 52 week high of GBX 591.07 ($7.48). The firm has a market cap of £4.15 billion, a price-to-earnings ratio of 1,280.00, a P/E/G ratio of 2.31 and a beta of 2.58. The firm’s 50-day simple moving average is GBX 554.27 and its 200 day simple moving average is GBX 488.64. The company has a debt-to-equity ratio of 104.20, a quick ratio of 1.09 and a current ratio of 1.00.

easyJet Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, March 22nd. Investors of record on Thursday, February 22nd were given a dividend of GBX 4.50 ($0.06) per share. This represents a yield of 0.9%. The ex-dividend date was Thursday, February 22nd. easyJet’s dividend payout ratio is 1,162.79%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on EZJ shares. Barclays restated an “overweight” rating and set a GBX 700 ($8.86) target price on shares of easyJet in a research note on Tuesday, February 6th. JPMorgan Chase & Co. cut their target price on shares of easyJet from GBX 690 ($8.73) to GBX 680 ($8.61) and set an “overweight” rating for the company in a research note on Tuesday, February 27th. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the stock. According to data from MarketBeat.com, easyJet has a consensus rating of “Moderate Buy” and a consensus target price of GBX 611 ($7.73).

easyJet Company Profile

easyJet plc operates as a low-cost airline carrier in Europe. The company engages in the provision of holiday packages; aircraft trading and leasing activities; development of building projects; financing and insurance business; and tour operator activities. easyJet plc was founded in 1995 and is headquartered in Luton, the United Kingdom.