Added to YB: 2024-07-26
Pitch date: 2024-07-25
EZJ.L [neutral]
easyJet plc
+10.12%
current return
Author Info
No bio for this author
Company Info
easyJet plc operates as a low-cost airline carrier in Europe. The company engages in aircraft trading and leasing activities; development of building projects; financing and insurance business; and tour operator activities, as well as provides holiday packages.
Market Cap
GBP 3.6B
Pitch Price
GBP 4.43
Price Target
N/A
Dividend
2.75%
EV/EBITDA
2.09
P/E
7.43
EV/Sales
0.30
Sector
Passenger Airlines
Category
growth
easyJet (LON:EZJ) Showcasing Their Growth Stats
EZJ.L: Q3 PBT +£33M YoY to £236M. Passengers +8%, RPS +1%. easyJet holidays PBT +49% to £73M. FY24 outlook: 100M seats, holidays PBT >£180M. Net cash £456M. Risks: cost pressures, fuel volatility. Strong demand, expanding holidays biz, but -48% 5Y stock performance. CEO sees strong summer ahead.
Read full article (3 min)