easyJet (LON:EZJ) Insider Acquires £19,040 in Stock

easyJet plc (LON:EZJ) insider Harald Eisenächer bought 4,000 shares of the firm’s stock in a transaction dated Wednesday, November 26th. The shares were acquired at an average price of GBX 476 per share, for a total transaction of £19,040.

easyJet Stock Up 3.0%

Shares of LON:EZJ opened at GBX 499.40 on Friday. The company has a current ratio of 1.02, a quick ratio of 1.09 and a debt-to-equity ratio of 110.33. The company has a 50-day moving average price of GBX 473.68 and a 200 day moving average price of GBX 502.65. easyJet plc has a 12 month low of GBX 401.05 and a 12 month high of GBX 594. The company has a market cap of £3.75 billion, a price-to-earnings ratio of 9.18, a PEG ratio of 0.59 and a beta of 2.49.

easyJet (LON:EZJ) last issued its earnings results on Tuesday, November 25th. The company reported GBX 66.40 earnings per share for the quarter. easyJet had a return on equity of 13.89% and a net margin of 4.27%. As a group, equities research analysts predict that easyJet plc will post 67.3369565 earnings per share for the current year.

Wall Street Analysts Forecast Growth

EZJ has been the topic of several recent research reports. Peel Hunt reissued a “buy” rating and set a GBX 850 price target on shares of easyJet in a research report on Tuesday, November 25th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of easyJet in a research note on Wednesday, October 15th. Jefferies Financial Group reiterated a “buy” rating on shares of easyJet in a report on Monday, September 22nd. Citigroup cut their price target on shares of easyJet from GBX 520 to GBX 500 and set a “neutral” rating for the company in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on shares of easyJet from GBX 600 to GBX 535 and set a “hold” rating on the stock in a research report on Friday, September 19th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, easyJet has a consensus rating of “Moderate Buy” and an average price target of GBX 673.

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.