Jet2 (LON:JET2) Insider Rachel Kentleton Acquires 1,638 Shares of Stock

Jet2 plc (LON:JET2Get Free Report) insider Rachel Kentleton bought 1,638 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was purchased at an average cost of GBX 1,306 per share, for a total transaction of £21,392.28.

Jet2 Stock Performance

Shares of LON JET2 opened at GBX 1,293.46 on Friday. The company’s fifty day moving average price is GBX 1,324.68 and its 200 day moving average price is GBX 1,395.58. The company has a debt-to-equity ratio of 103.30, a quick ratio of 1.49 and a current ratio of 1.36. Jet2 plc has a 1 year low of GBX 1,088 and a 1 year high of GBX 1,963. The company has a market capitalization of £2.41 billion, a PE ratio of 5.52, a price-to-earnings-growth ratio of 9.34 and a beta of 2.27.

Jet2 (LON:JET2Get Free Report) last released its earnings results on Wednesday, November 19th. The company reported GBX 300.40 earnings per share (EPS) for the quarter. Jet2 had a net margin of 6.38% and a return on equity of 26.53%. On average, research analysts predict that Jet2 plc will post 170.9134615 earnings per share for the current year.

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

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Panmure Gordon reiterated a “buy” rating and issued a GBX 1,700 price objective on shares of Jet2 in a research note on Thursday, November 20th. JPMorgan Chase & Co. cut Jet2 to a “neutral” rating and reduced 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 reaffirmed an “outperform” rating and issued a GBX 2,150 price target on shares of Jet2 in a report on Monday, November 24th. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 2,250 target price on shares of Jet2 in a research note on Wednesday, November 12th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on Jet2 from GBX 2,059 to GBX 1,857 and set a “buy” rating on the stock in a research note on Wednesday, November 19th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,917.83.

Get Our Latest Stock Analysis on Jet2

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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