easyJet (LON:EZJ) Insider Purchases 22 Shares

Key Points

• Insider purchase: Kenton Jarvis bought 22 easyJet shares at GBX 670 each, investing £147.40. This follows purchases of 22 shares in July and 31 shares in June.
• Stock performance: easyJet shares fell 0.2% to GBX 673.68, near their 12-month high of GBX 683.80. The company has a market capitalization of approximately £5.04 billion and a P/E ratio of 12.45.
• Analyst outlook: Ratings remain mixed, with four Buys, three Holds and one Sell; the consensus rating is “Hold” with an average price target of GBX 630.

easyJet plc (LON:EZJ - Get Free Report) insider Kenton Jarvis acquired 22 shares of the company's stock in a transaction on Monday, August 10th. The shares were bought at an average price of GBX 670 per share, for a total transaction of £147.40.

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

• On Friday, July 10th, Kenton Jarvis bought 22 shares of easyJet stock. The stock was purchased at an average price of GBX 674 per share, with a total value of £148.28.
• On Wednesday, June 10th, Kenton Jarvis bought 31 shares of easyJet stock. The stock was purchased at an average price of GBX 479 per share, with a total value of £148.49.

easyJet Stock Down 0.2%

Shares of EZJ stock traded down GBX 1.32 on Tuesday, hitting GBX 673.68. The stock had a trading volume of 12,942,452 shares, compared to its average volume of 34,246,188. 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 business has a 50 day moving average of GBX 577.96 and a 200 day moving average of GBX 466.26. easyJet plc has a 12-month low of GBX 332.60 and a 12-month high of GBX 683.80. The stock has a market cap of £5.04 billion, a price-to-earnings ratio of 12.45, a price-to-earnings-growth ratio of 0.59 and a beta of 1.72.

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

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the stock. 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. increased their price objective on easyJet from GBX 360 to GBX 715 and gave the company a "neutral" rating in a report on Friday. Royal Bank Of Canada downgraded easyJet to a "sector perform" rating and set a GBX 600 target price for the company. in a research report on Friday. Finally, UBS Group restated a "buy" rating and issued a GBX 635 target price on shares of easyJet in a research note on Monday, May 18th. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of GBX 630.

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.

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