Jet2 (JET2) Share Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: 1,522 to 1,553
• 50-Day Range: 1,363 to 1,534
• 52-Week Range: 980 to 1,612
• Volume: 466,067 shs
• Average Volume: 2.22 million shs
• Market Capitalization: £2.71 billion
• P/E Ratio: 7.33
• Dividend Yield: 1.12%
• Price Target: GBX 1,616.57
• Consensus Rating: Moderate Buy

Jet2 Stock Analysis - MarketRank™

Jet2 scored higher than 39% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Jet2 has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on no strong buy ratings, 5 buy ratings, 2 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Jet2 is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Jet2 has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Jet2 is 7.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.05.

Price to Earnings Ratio vs. Sector

The P/E ratio of Jet2 is 7.33, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 25.73.

Price to Earnings Growth Ratio

Jet2 has a PEG Ratio of 9.34. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Jet2 has a P/B Ratio of 2.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for JET2.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Jet2 pays a meaningful dividend of 1.12%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Jet2 does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Jet2 is 7.97%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: 0.45

News Sentiment

Jet2 has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Jet2 this week, compared to 6 articles on an average week.

Company Ownership

• Score: 1.1 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Jet2 insiders have not sold or bought any company stock.

Percentage Held by Insiders

22.82% of the stock of Jet2 is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

31.82% of the stock of Jet2 is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Consumer Discretionary
• Industry: Hotels, Restaurants & Leisure
• Sub-Industry: N/A
• Current Symbol: LON:JET2
• CIK: N/A
• Web: www.jet2plc.com
• Phone: 44 11 3238 7444
• Fax: N/A
• Employees: 15,795
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Jet2: GBX 1,616.57
• High Price Target: GBX 1,900
• Low Price Target: GBX 1,200
• Potential Upside/Downside: +5.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.71
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX 208.20
• Trailing P/E Ratio: 7.33
• Forward P/E Ratio: N/A
• P/E Growth: 9.34
• Net Income: £396.85 million
• Net Margins: 5.49%
• Pretax Margin: N/A
• Return on Equity: 19.92%
• Return on Assets: 5.30%

Debt

• Debt-to-Equity Ratio: 62.09
• Current Ratio: 1.36
• Quick Ratio: 1.49

Sales & Book Value

• Annual Sales: £7.48 billion
• Price / Sales: 0.36
• Cash Flow: GBX 2,030.34 per share
• Price / Cash Flow: 0.75
• Book Value: GBX 656.22 per share
• Price / Book: 2.33

Miscellaneous

• Outstanding Shares: 177,698,000
• Free Float: N/A
• Market Cap: £2.71 billion
• Optionable: Not Optionable
• Beta: 1.23