Jet2 (LON:JET2) Insider Buys £21,392.28 in Stock

Jet2 plc (LON:JET2) insider Rachel Kentleton acquired 1,638 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was acquired at an average price of GBX 1,306 per share, with a total value of £21,392.28.

Jet2 Stock Performance

LON JET2 opened at GBX 1,311.72 on Friday. The firm has a 50-day moving average price of GBX 1,323.68 and a two-hundred day moving average price of GBX 1,392. Jet2 plc has a 12-month low of GBX 1,088 and a 12-month high of GBX 1,963. The company has a market capitalization of £2.44 billion, a P/E ratio of 5.60, a P/E/G ratio of 9.34 and a beta of 2.27. The company has a quick ratio of 1.49, a current ratio of 1.36 and a debt-to-equity ratio of 103.30.

Jet2 (LON:JET2) last released its quarterly earnings results on Wednesday, November 19th. The company reported GBX 300.40 earnings per share for the quarter. Jet2 had a net margin of 6.38% and a return on equity of 26.53%. Analysts anticipate that Jet2 plc will post 170.9134615 earnings per share for the current year.

Key Jet2 News

Here are the key news stories impacting Jet2 this week:

• Positive Sentiment: Company continues capital return: Jet2 extended its previously announced £100m buyback with a fresh repurchase and cancellation (59,839 shares repurchased on 19 Feb), which reduces share count and supports EPS. TipRanks: Jet2 continues £100m buyback
• Positive Sentiment: Insider buy signals confidence: Senior director Rachel Kentleton purchased 1,638 shares at ~GBX 1,306 (transaction reported 18 Feb), a small but positive signal of management confidence. InsiderTrades: Rachel Kentleton purchase
• Positive Sentiment: Route expansion / demand catalyst: Jet2 has launched low?fare routes to a lesser?known Greek island (fares advertised from £97), adding seasonal leisure capacity that could boost summer revenue if demand holds. Metro: Jet2 launches £97 flights to Greek island
• Neutral Sentiment: Policy enforcement highlighted: Jet2 publicly banned passengers for life after “appalling behaviour” on a flight — underscores strict enforcement that may reassure regulators/customers but also highlights ongoing conduct risks. MSN: Jet2 bans passengers for life
• Negative Sentiment: Operational & safety headlines: Multiple reports detail a violent mid?air brawl that forced a diversion and a UK?bound Jet2 flight to declare an emergency and land in Bristol — video and broad coverage increase reputational risk, could spur regulatory scrutiny, and may pressure short?term bookings or insurance/operational costs. USA Today: Mid?air brawl forces diversion MSN: Flight declared emergency MSN: Forced to land in Bristol Mirror: Emergency over English Channel Scottish Sun: Emergency landing

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 2,150 target price on shares of Jet2 in a research report on Monday, November 24th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 2,250 price target on shares of Jet2 in a research note on Wednesday, November 12th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 2,100 price objective on shares of Jet2 in a research report on Thursday, November 20th. Panmure Gordon reiterated a “buy” rating and set a GBX 1,700 price objective on shares of Jet2 in a research note on Thursday, November 20th. Finally, JPMorgan Chase & Co. lowered shares of Jet2 to a “neutral” rating and decreased their target price for the company from GBX 1,850 to GBX 1,450 in a report on Monday, December 1st. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Jet2 has an average rating of “Moderate Buy” and a consensus price target of GBX 1,917.83.

About Jet2

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.