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

easyJet plc (LON:EZJ) insider Kenton Jarvis acquired 31 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The shares were purchased at an average price of GBX 479 per share, with a total value of £148.49.

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

• On Monday, May 11th, Kenton Jarvis acquired 42 shares of easyJet stock. The shares were purchased at an average price of GBX 363 per share, with a total value of £152.46.
• On Friday, April 10th, Kenton Jarvis acquired 38 shares of easyJet stock. The shares were purchased at an average price of GBX 389 per share, with a total value of £147.82.

easyJet Stock Performance

easyJet stock remained flat at GBX 500 during trading on Monday. The company had a trading volume of 9,615,519 shares, compared to its average volume of 36,560,566. The firm has a 50 day simple moving average of GBX 387.99 and a 200 day simple moving average of GBX 436.53. easyJet plc has a 1-year low of GBX 332.60 and a 1-year high of GBX 557.60. The company has a market capitalization of £3.74 billion, a P/E ratio of 9.24, a P/E/G ratio of 0.59 and a beta of 1.73. The company has a debt-to-equity ratio of 82.36, a current ratio of 1.10 and a quick ratio of 1.09.

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

Wall Street Analysts Forecast Growth

EZJ has been the subject of several recent research reports. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 405 price target on shares of easyJet in a report on Monday, June 1st. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and set a GBX 340 price target on shares of easyJet in a report on Tuesday, June 2nd. UBS Group reiterated a “buy” rating and set a GBX 635 price target on shares of easyJet in a report on Monday, May 18th. Finally, JPMorgan Chase & Co. decreased their price target on easyJet from GBX 400 to GBX 350 and set an “underweight” rating for the company in a report on Wednesday, April 15th. Five research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of GBX 550.

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. easyJet is one of the largest airlines in the world, with 347 aircraft, operating 1,099 routes across 35 countries and 160 airports.