Insider Buying: easyJet (LON:EZJ) Insider Purchases 31 Shares of Stock

easyJet plc (LON:EZJ) insider Kenton Jarvis purchased 31 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were acquired at an average price of GBX 478 per share, with a total value of £148.18.

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

• On Friday, October 10th, Kenton Jarvis bought 32 shares of easyJet stock. The stock was purchased at an average price of GBX 470 per share, with a total value of £150.40.

easyJet Price Performance

EZJ traded up GBX 9.10 during midday trading on Thursday, reaching GBX 485.50. 88,801,359 shares of the company’s stock were exchanged, compared to its average volume of 13,410,706. The company has a quick ratio of 1.09, a current ratio of 1.02 and a debt-to-equity ratio of 110.33. The firm has a market capitalization of £3.65 billion, a price-to-earnings ratio of 7.50, a price-to-earnings-growth ratio of 0.59 and a beta of 2.49. easyJet plc has a one year low of GBX 401.05 and a one year high of GBX 594. The business has a 50-day simple moving average of GBX 478.48 and a two-hundred day simple moving average of GBX 498.87.

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

Analysts Set New Price Targets

A number of equities research analysts have recently commented on EZJ shares. JPMorgan Chase & Co. lowered easyJet to an “underweight” rating and dropped their price target for the stock from GBX 500 to GBX 400 in a research report on Monday, December 1st. Peel Hunt restated a “buy” rating and issued a GBX 850 price objective on shares of easyJet in a report on Tuesday, November 25th. Citigroup dropped their target price on easyJet from GBX 520 to GBX 500 and set a “neutral” rating on the stock in a report on Wednesday, November 26th. Deutsche Bank Aktiengesellschaft decreased their price target on easyJet from GBX 600 to GBX 535 and set a “hold” rating for the company in a research note on Friday, September 19th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of easyJet in a research note on Monday, September 22nd. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of GBX 613.

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.