easyJet (LON:EZJ) Insider Buys £148.80 in Stock

easyJet plc (LON:EZJ) insider Kenton Jarvis acquired 30 shares of the stock in a transaction dated Monday, January 12th. The stock was acquired 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 bought 31 shares of easyJet stock. The shares were acquired at an average price of GBX 478 per share, for a total transaction of £148.18.

easyJet Trading Down 1.5%

LON EZJ traded down GBX 7.48 during trading hours on Wednesday, hitting GBX 481.82. 3,906,722 shares of the company’s stock were exchanged, compared to its average volume of 3,456,968. The firm has a market cap of £3.60 billion, a price-to-earnings ratio of 7.45, a PEG ratio of 0.59 and a beta of 2.49. The stock has a 50-day simple moving average of GBX 491.63 and a 200 day simple moving average of GBX 490.25. The company has a current ratio of 1.02, a quick ratio of 1.09 and a debt-to-equity ratio of 110.33. easyJet plc has a 1-year low of GBX 401.05 and a 1-year high of GBX 590.60.

easyJet (LON:EZJ) last announced its quarterly earnings data on Tuesday, November 25th. The company reported GBX 66.40 EPS for the quarter. easyJet had a net margin of 4.27% and a return on equity of 13.89%. On average, equities analysts forecast that easyJet plc will post 67.3369565 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on EZJ shares. Panmure Gordon upped their price objective on shares of easyJet from GBX 730 to GBX 780 and gave the company a “buy” rating in a report on Tuesday, November 25th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 850 target price on shares of easyJet in a research report on Tuesday, November 25th. Deutsche Bank Aktiengesellschaft cut their price target on easyJet from GBX 600 to GBX 535 and set a “hold” rating on the stock in a report on Friday, September 19th. Jefferies Financial Group reissued a “buy” rating on shares of easyJet in a research note on Monday, September 22nd. Finally, Citigroup lowered their price objective on shares of easyJet from GBX 520 to GBX 500 and set a “neutral” rating on the stock in a report on Wednesday, November 26th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of GBX 613.

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.