Insider Buying: easyJet (LON:EZJ) Insider Buys £147.40 in Stock

easyJet plc (LON:EZJ) insider Kenton Jarvis purchased 22 shares of the stock in a transaction dated Monday, August 10th. The shares were purchased at an average cost 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 acquired 22 shares of easyJet stock. The stock was purchased at an average cost of GBX 674 per share, with a total value of £148.28.
• On Wednesday, June 10th, Kenton Jarvis acquired 31 shares of easyJet stock. The shares were purchased at an average price of GBX 479 per share, with a total value of £148.49.

easyJet Price Performance

easyJet stock opened at GBX 673 on Friday. The company has a current ratio of 1.10, a quick ratio of 1.09 and a debt-to-equity ratio of 82.36. The company has a 50-day moving average price of GBX 590.48 and a 200 day moving average price of GBX 470.18. 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 £5.03 billion, a P/E ratio of 12.44, a PEG ratio of 0.59 and a beta of 1.72.

easyJet (LON:EZJ) last posted its earnings results on Thursday, May 21st. The company reported GBX (50.10) earnings per share for the quarter. easyJet had a net margin of 3.93% and a return on equity of 11.57%. The firm had revenue of GBX 395 million during the quarter. Sell-side analysts anticipate that easyJet plc will post 67.3369565 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Royal Bank Of Canada lowered easyJet to a “sector perform” rating and set a GBX 600 price objective for the company. in a research report on Friday, August 7th. Deutsche Bank Aktiengesellschaft restated a “sell” rating and issued a GBX 340 target price on shares of easyJet in a research report on Tuesday, June 2nd. JPMorgan Chase & Co. upped their price target on easyJet from GBX 360 to GBX 715 and gave the company a “neutral” rating in a research note on Friday, August 7th. Finally, UBS Group reiterated a “buy” rating and set a GBX 635 price target on shares of easyJet in a report 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, easyJet has a consensus 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.