easyJet (LON:EZJ) Insider Buys 22 Shares of Stock

easyJet plc (LON:EZJ) insider Kenton Jarvis bought 22 shares of easyJet stock in a transaction that occurred on Friday, July 10th. The stock was purchased at an average cost 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 stock was acquired at an average cost of GBX 363 per share, for a total transaction of £152.46.

easyJet Stock Performance

Shares of EZJ stock opened at GBX 675.20 on Tuesday. easyJet plc has a 52-week low of GBX 332.60 and a 52-week high of GBX 680. The stock has a market cap of £5.05 billion, a price-to-earnings ratio of 12.48, a P/E/G ratio of 0.59 and a beta of 1.70. The company has a debt-to-equity ratio of 82.36, a quick ratio of 1.09 and a current ratio of 1.10. The firm has a fifty day moving average of GBX 467.01 and a 200-day moving average of GBX 446.09.

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, equities research analysts forecast that easyJet plc will post 67.3369565 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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