easyJet (LON:EZJ) Insider Buys £148.28 in Stock

easyJet plc (LON:EZJ) insider Kenton Jarvis bought 22 shares of the business’s stock in a transaction that occurred on Friday, July 10th. The stock was purchased at an average price of GBX 674 per share, with a total value of £148.28.

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

• On Wednesday, June 10th, Kenton Jarvis purchased 31 shares of easyJet stock. The shares were acquired at an average price of GBX 479 per share, for a total transaction of £148.49.
• On Monday, May 11th, Kenton Jarvis purchased 42 shares of easyJet stock. The shares were acquired at an average price of GBX 363 per share, for a total transaction of £152.46.

easyJet Trading Up 0.3%

Shares of easyJet stock opened at GBX 676.80 on Friday. easyJet plc has a 52-week low of GBX 332.60 and a 52-week high of GBX 683.80. The firm has a market capitalization of £5.06 billion, a PE ratio of 12.51, a price-to-earnings-growth ratio of 0.59 and a beta of 1.70. The company has a debt-to-equity ratio of 82.36, a current ratio of 1.10 and a quick ratio of 1.09. The company’s fifty day moving average price is GBX 485.73 and its two-hundred day moving average price is GBX 449.63.

easyJet (LON:EZJ) last released its quarterly earnings data on Thursday, May 21st. The company reported GBX (50.10) EPS for the quarter. easyJet had a return on equity of 11.57% and a net margin of 3.93%.The business had revenue of GBX 395 million for the quarter. On average, analysts expect that easyJet plc will post 67.3369565 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. UBS Group reaffirmed a “buy” rating and set a GBX 635 price objective on shares of easyJet in a report on Monday, May 18th. Deutsche Bank Aktiengesellschaft reissued a “sell” rating and issued a GBX 340 target price on shares of easyJet in a report on Tuesday, June 2nd. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 600 target price on shares of easyJet in a research report on Monday, July 6th. Finally, JPMorgan Chase & Co. boosted their price target on easyJet from GBX 340 to GBX 360 and gave the company an “underweight” rating in a research note on Friday, July 3rd. Four analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of GBX 579.29.

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.