Jet2 plc (LON:JET2 – Get Free Report) insider Gary Brown bought 2,349 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The shares were bought at an average price of GBX 766 per share, for a total transaction of £17,993.34.
Jet2 Stock Performance
Shares of JET2 opened at GBX 1,177 on Friday. The company has a quick ratio of 1.49, a current ratio of 1.40 and a debt-to-equity ratio of 61.57. Jet2 plc has a 52-week low of GBX 1,088 and a 52-week high of GBX 1,963. The company has a 50-day simple moving average of GBX 1,295.99 and a 200-day simple moving average of GBX 1,369.48. The company has a market capitalization of £2.19 billion, a PE ratio of 5.03, a P/E/G ratio of 9.34 and a beta of 1.24.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on the company. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 1,700 price objective on shares of Jet2 in a research note on Thursday, November 20th. Jefferies Financial Group restated a “buy” rating and issued a GBX 2,100 price target on shares of Jet2 in a research report on Thursday, November 20th. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 2,250 price objective on shares of Jet2 in a research report on Wednesday, November 12th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of 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. Finally, Royal Bank Of Canada restated an “outperform” rating and set a GBX 2,150 target price on shares of Jet2 in a research report on Monday, November 24th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Jet2 currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,917.83.
Key Stories Impacting Jet2
Here are the key news stories impacting Jet2 this week:
- Positive Sentiment: Company continues its £100m buyback programme and cancelled 115,243 shares on 4 March, reducing share count and supporting EPS. Jet2 Continues £100m Buyback With Cancellation of 115,243 Shares
- Positive Sentiment: Insiders (CEO Stephen Heapy and director Gary Brown) bought shares at ~GBX 766 recently — an insider buy signal that management views the stock as undervalued. LON:JET2 insider transactions (MarketBeat)
- Neutral Sentiment: Analysts published updated commentary on Jet2 in a broader consumer-cyclical note — may influence short-term estimates but no headline upgrades/revisions reported in the summary. Analysts Offer Insights on Consumer Cyclical Companies: On Holding AG (ONON) and Jet2 PLC
- Neutral Sentiment: Company confirmed its share capital and voting rights as it expands UK operations — administrative clarity that supports governance but is not a major operational catalyst. Jet2 Confirms Share Capital and Voting Rights as It Expands UK Operations
- Neutral Sentiment: Some flights (e.g., Newcastle to Cyprus) reported to be operating as normal, limiting immediate revenue disruption for specific routes. Jet2 Newcastle to Cyprus flight goes ahead as normal
- Negative Sentiment: Airspace closures and Foreign Office travel warnings tied to recent Middle East incidents have forced Jet2 (and peers) to update travel advice and amend operations for Cyprus routes, adding disruption risk and potential extra costs (re-routing, longer sectors, crew/delivery impacts). TUI and Jet2 issue update on flights to Cyprus from East Midlands Airport amid Middle East airspace closures
- Negative Sentiment: Foreign Office warnings and travel-advice updates for popular leisure destinations increase short-term booking uncertainty and could weigh near-term demand for summer bookings. Jet2, TUI, easyJet update travel advice as Foreign Office issues warnings
- Negative Sentiment: Reports of a drone strike at RAF Akrotiri prompted company updates on Cyprus services — operational-security escalation that can increase insurance, fuel and routing costs and heighten near-term volatility. Jet2 issues Cyprus update after drone strike at RAF Akrotiri
Jet2 Company Profile
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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