EZJ.L - easyJet plc

LSE - LSE Delayed Price. Currency in GBp
1,027.00
-9.00 (-0.87%)
As of 3:23PM BST. Market open.
Stock chart is not supported by your current browser
Previous Close1,036.00
Open1,022.00
Bid1,026.00 x 0
Ask1,027.00 x 0
Day's Range1,004.00 - 1,036.00
52 Week Range840.00 - 1,443.50
Volume1,130,954
Avg. Volume3,005,225
Market Cap4.079B
Beta (3Y Monthly)1.04
PE Ratio (TTM)21.00
EPS (TTM)48.90
Earnings DateNov 19, 2019
Forward Dividend & Yield0.59 (5.55%)
Ex-Dividend Date2019-02-28
1y Target Est1,479.74
  • Does easyJet (LON:EZJ) Have A Healthy Balance Sheet?
    Simply Wall St.

    Does easyJet (LON:EZJ) Have A Healthy Balance Sheet?

    Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

  • Those Who Purchased easyJet (LON:EZJ) Shares A Year Ago Have A 40% Loss To Show For It
    Simply Wall St.

    Those Who Purchased easyJet (LON:EZJ) Shares A Year Ago Have A 40% Loss To Show For It

    It's easy to match the overall market return by buying an index fund. When you buy individual stocks, you can make...

  • Why Europe’s Short-Haul Aviation Market Is in Flux
    Skift

    Why Europe’s Short-Haul Aviation Market Is in Flux

    Flying within Europe was once a pretty expensive affair. National flag carriers enjoyed route monopolies and could charge whatever they wanted — that is, until the European Union created a single market leading to a boom in low-cost carriers. Not only was it cheaper to travel but there were now more places to travel to. […]

  • easyJet plc (LON:EZJ) Delivered A Weaker ROE Than Its Industry
    Simply Wall St.

    easyJet plc (LON:EZJ) Delivered A Weaker ROE Than Its Industry

    One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

  • Quelle Surprise! EasyJet Hates the Idea of France’s New Eco Tax
    Skift

    Quelle Surprise! EasyJet Hates the Idea of France’s New Eco Tax

    EasyJet has joined European rival Air France in condemning France’s plans to add a new eco-tax to flights. The new charge, which ranges from $1.70 (€1.50) to $20 (€18), is part of a government plan to raise money to fund improvements in public transport across the country. France hopes to bring in $202 million (€180 […]The post Quelle Surprise! EasyJet Hates the Idea of France’s New Eco Tax appeared first on Skift.

  • Britain's easyJet reassures on outlook, hires Ryanair operations chief
    Reuters

    Britain's easyJet reassures on outlook, hires Ryanair operations chief

    Britain's easyJet on Thursday reported third quarter trading in line with expectations, boosted by more customers taking optional extra services and enabling it to reiterate its full-year profit forecasts. The budget airline also announced that it had poached Peter Bellew as its chief operating officer from Ryanair. EasyJet said revenue for the quarter ending June 30 increased by 11.4% to 1.8 billion pounds, driven by more bookings, initiatives to optimise its pricing and more ancillary revenue from additional services such as allocated seating and luggage check-ins.

  • Did easyJet plc (LON:EZJ) Insiders Buy Up More Shares?
    Simply Wall St.

    Did easyJet plc (LON:EZJ) Insiders Buy Up More Shares?

    We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...

  • Can We See Significant Insider Ownership On The easyJet plc (LON:EZJ) Share Register?
    Simply Wall St.

    Can We See Significant Insider Ownership On The easyJet plc (LON:EZJ) Share Register?

    Every investor in easyJet plc (LON:EZJ) should be aware of the most powerful shareholder groups. Generally speaking...

  • What Type Of Shareholder Owns easyJet plc's (LON:EZJ)?
    Simply Wall St.

    What Type Of Shareholder Owns easyJet plc's (LON:EZJ)?

    Every investor in easyJet plc (LON:EZJ) should be aware of the most powerful shareholder groups. Insiders often own a...

  • Reuters

    Alexa, how can I fly to Mumbai?

    BENGALURU/PARIS/SINGAPORE June 20 (Reuters) - When Karan Mehrotra booked a flight from Delhi to Guwahati, he did not go to a travel agent or an airline website. Instead, he turned to Amazon, the world's biggest online retailer which now sells tickets to Indian customers and offers them an easy payment process and cash-back offers. "It was just a lot simpler," Mehrotra said of booking a flight through Amazon.

  • Consider This Before Buying easyJet plc (LON:EZJ) For The 6.3% Dividend
    Simply Wall St.

    Consider This Before Buying easyJet plc (LON:EZJ) For The 6.3% Dividend

    Dividend paying stocks like easyJet plc (LON:EZJ) tend to be popular with investors, and for good reason - some...

  • Lufthansa’s Superstar Pilot Goes from Hero to Zero
    Bloomberg

    Lufthansa’s Superstar Pilot Goes from Hero to Zero

    (Bloomberg Opinion) -- If it’s true that all political lives end in failure, then the same could be said for business. Carsten Spohr became Deutsche Lufthansa AG’s chief executive in 2014, made an impressive start, and had his contract extended to the end of 2023. He may regret signing up for that long.The German airline’s shares tumbled 12 percent on Monday after it issued a second profit warning in as many months. It expects to generate as little as 2 billion euros ($2.2 billion) of operating profit in 2019, up to 25% below what was expected by analysts.The stock is now worth less than four times last year’s earnings, a pretty pitiful multiple, and investors who bought the stock when Spohr took over have lost money. Suddenly, a man feted as one of Germany’s most accomplished corporate leaders looks ordinary.How times have changed. Spohr’s response to a 2015 aircraft crash at the Lufthansa offshoot Germanwings was both sensitive and assured. Later on he faced down industrial action to win concessions from staff on pensions. In 2017, Lufthansa’s profit hit a record high and the stock price soared 150%. Spohr was duly named Manager of the Year by Germany’s influential Manager Magazin.Sustaining all of this was always going to be hard in the notoriously unstable airline business. Fuel costs have risen, rivals have added new capacity and air cargo demand has waned, thanks in part to U.S. President Donald Trump’s trade crusades. (It’s worth reading Bloomberg’s William Wilkes on Lufthansa’s litany of problems.)But Spohr can’t just blame external factors. His company has chased growth to the detriment of profitability and it has spent heavily on new jets and integrating older ones from the insolvent Air Berlin. Gross capital expenditure jumped 8% to 3.8 billion euros ($4.3 billion) last year, leaving precious little spare cash.While Lufthansa is still doing fine on long-haul routes, Spohr’s big idea — a budget subsidiary called Eurowings — has been a disaster. The new unit was meant to challenge Ryanair Holdings Plc and EasyJet Plc in Europe, and to serve long-haul holiday destinations, but it lost more than 230 million euros last year. Instead of breaking even in 2019, as was anticipated, it will now remain in the red.Spohr has hit the brakes on Eurowings’s expansion but the company plans to “vigorously defend” its dominant market position in Germany and Austria. Translated, that sounds worryingly like: “Fare war? Bring it on.”Ryanair is pursuing a similar battle of attrition against weaker rivals such as Norwegian Air Shuttle ASA, with the aim of forcing them out of business. But Ryanair’s costs are much lower than those of Eurowings.Of course, Lufthansa can afford a couple of bleak years. At the end of March it had 12 billion euros of net debt, aircraft lease and pension liabilities — or about 2.4 times Ebitda (a measure of earnings). Norwegian’s leverage is miles higher.But when your corporate strategy is all about acquisition (Thomas Cook Group Plc’s German arm could be next on Spohr’s shopping list) and heavy investment, falling profits are doubly alarming. They suggest cash might be misallocated. “We think the sooner the company focuses on value for shareholders and less chasing or defending market share, the better for the shares. We see no hint of that yet,” RBC’s Damian Brewer complained.At an investor event next week, Spohr has a chance to explain how he plans to fly Lufthansa out of this mess. Once seen as a safe steward of Lufthansa’s capital, he’s starting to look a little reckless.To contact the author of this story: Chris Bryant at cbryant32@bloomberg.netTo contact the editor responsible for this story: James Boxell at jboxell@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Chris Bryant is a Bloomberg Opinion columnist covering industrial companies. He previously worked for the Financial Times.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • EasyJet CEO Lundgren on Brexit, Pound, Airlines Demand, Climate Impact
    Bloomberg

    EasyJet CEO Lundgren on Brexit, Pound, Airlines Demand, Climate Impact

    Sep.05 -- Johan Lundgren, chief executive officer of EasyJet Plc, discusses the company's Brexit preparations, hedging against a weaker pound, airline industry demand and the impact of low-cost flights on climate change. He talks exclusively with Guy Johnson in London on "Bloomberg Markets: European Open."