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JET2 Jet2 Plc

1,434.00
-2.00 (-0.14%)
Last Updated: 12:22:56
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Jet2 Plc LSE:JET2 London Ordinary Share GB00B1722W11 ORD 1.25P
  Price Change % Change Share Price Shares Traded Last Trade
  -2.00 -0.14% 1,434.00 268,904 12:22:56
Bid Price Offer Price High Price Low Price Open Price
1,432.00 1,434.00 1,436.00 1,418.00 1,432.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Air Transport, Nonscheduled 5.03B 290.8M 1.3544 10.57 3.07B
Last Trade Time Trade Type Trade Size Trade Price Currency
12:22:56 AT 219 1,434.00 GBX

Jet2 (JET2) Latest News

Jet2 (JET2) Discussions and Chat

Jet2 Forums and Chat

Date Time Title Posts
01/5/202409:03** Jet2 **8,628
17/4/202415:38Incredible performance for an Airline7

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Jet2 (JET2) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
11:22:561,434.002193,140.46AT
11:22:561,434.002072,968.38AT
11:22:561,434.001161,663.44AT
11:20:261,432.0035501.20O
11:20:091,433.4634487.38O

Jet2 (JET2) Top Chat Posts

Top Posts
Posted at 01/5/2024 09:20 by Jet2 Daily Update
Jet2 Plc is listed in the Air Transport, Nonscheduled sector of the London Stock Exchange with ticker JET2. The last closing price for Jet2 was 1,436p.
Jet2 currently has 214,700,000 shares in issue. The market capitalisation of Jet2 is £3,072,357,000.
Jet2 has a price to earnings ratio (PE ratio) of 10.57.
This morning JET2 shares opened at 1,432p
Posted at 25/4/2024 18:21 by bigbigdave
Jet2.com has been named Best Airline at the prestigious Routes Europe 2024 Awards.

The awards, regarded as one of the key accolades in European aviation, took place on April 23rd at Routes Europe 2024 at Aarhus in Denmark. The awards bring together key figures from the industry to celebrate excellence in aviation, as well as outstanding achievements in the industry.

Jet2.com was recognised by judges for its sustainable and responsible growth which has been driven by new routes, including more than 40 new routes for Summer 24. Judges commended the UK’s third largest airline for fleet growth and the launch of new UK airport bases, Liverpool John Lennon and Bournemouth Airports, which means the company will operate from 12 UK bases in Summer 25.

The airline was also praised for its partnership approach to working with airport and tourism partners, as well as for offering customers unrivalled choice and flexibility. Judges also recognised Jet2.com’s industry-leading customer satisfaction scores, something the airline has repeatedly won high-profile accolades, such as Which? Travel Brand of the Year, for.

Steve Heapy, CEO of Jet2.com, said: “We are absolutely delighted to have won this prestigious award which recognises Jet2.com’s strength and success, as well as our industry-leading approach to supporting and working with airport and destination partners.”

He added: "The Routes Awards are truly global, so this accolade is outstanding evidence of the success of our business, our relentless focus on customer service, and our continued commitment to building long-term and mutually beneficial partnerships with airports and destinations.”
Posted at 25/4/2024 07:18 by bigbigdave
RBC RAISES JET2 PRICE TARGET TO 2000 (1950) PENCE - 'OUTPERFORM'
Posted at 24/4/2024 15:10 by philby1
Jet2 price warning concerning after easyJet more positive - analyst
Posted at 18/4/2024 15:03 by rivaldo
Shares Magazine today in its main feature article recommends 5 "cheap UK stocks". Jet2 is one of them:

"Analysts have struggled to keep pace with UK package holiday business and travel operator Jet2’s (JET:AIM) earnings momentum post the pandemic resulting in double-digit upgrades to forecasts over the last year.

Therefore, despite the shares gaining 13% over the last 12 months, the valuation remains attractive with a one-year forward PE ratio of 8.6 times.

The fundamental driver of the upgrades is people are still booking holidays despite the cost-of-living crisis and the associated strain on household budgets.

At the same time, the group is expanding its UK footprint with a new Liverpool base at John Lennon airport, its eleventh base so far, with Bournemouth airport to follow.

Analyst Damian Brewer at Canaccord Genuity believes Jet2 shares are ‘over £5 too cheap’, citing the strength of the group’s holiday product and ‘strong repeat custom’. ‘The annual holiday is a priority that consumers cherish – and for families seeking a stress-free break in-resort support is important,’ says Brewer.
‘We believe Jet2’s key differentiators are variable-duration stays to suit each customer’s budget; all-in holiday cost certainty in a ‘one-clickR17; purchase; repeat customer base; stand-out attentive service; capital to meet off-season cash outflows; access to competitive wholesale hotel inventory and prices; and access to peak season UK and overseas airport slots.’

In February, the company raised its group pre-tax profit outlook for the financial year to March to between £510 million and £525 million (from £480 million to £520 million previously) on the back of strong winter 2023/2024 forward bookings – up
17% - for both flight-only and package holiday products.

In addition, on-sale seat capacity for summer 2024 is currently 12.5% higher than summer 2023 at 17.2 million seats."
Posted at 09/4/2024 14:36 by trying2trade
Load factors are usually very good so flights full of 'flights only' pax isn't what we want, which is what your data may suggest? EZY and JET2 have seen similar price action over the last year yet EZY web traffic has flat lined. More web traffic sounds good for jet2 but it doesn't appear it's a one rule direct correlation to the share price.
Posted at 09/4/2024 12:11 by darrin1471
toast. Your data information is interesting information added to the wide knowledge available from some informed individuals on this thread.
I appreciate your data and I appreciate the other informed information on this thread.
I then make up my own opinions.
CT has been a holder of JET2 since before this thread started. I have found him to be informative. He has long term holdings in JET2, probably has medium term holdings and trades on weakness. CT has been successful on his short term trades in addition to his long term holdings.
I have a medium term holding in JET2 and have been mostly unsuccessful in short term trading in JET2.
toast, being nice to people costs nothing and will make you a happier investor and person. I hope you feel able to keep posting the data.
Posted at 23/3/2024 14:41 by havinthelasttoast
Investors chronical article from nov. Confirms net cash.


Jet2 reports surge in profits
Profit grows by a third despite disruptions

November 23, 2023
by Michael Fahy


Net cash pile increases by 46 per cent to £1.82bn
Bookings slow but full-year guidance unchanged

Jet2 (JET2) is flying a lot more planes than it did prior to the pandemic but, for now at least, is comfortably managing to fill them at higher fare levels.

JET2:LSE
Jet2 PLC
1mth
Today change
-0.07% Price (GBP)
1,423.00
The company increased seat capacity by 7 per cent on last year to 11.97mn and said ticket yields for flight-only passengers rose by 18 per cent to over £124. It also increased the price of its holidays, and the proportion of passengers who fly with the company on a higher-margin package deal increased by 4.9 percentage points to 70.8 per cent.

As a result, profit before tax and currency movements increased by a third to £665mn even though floods and wildfires in Greece and air traffic disruption in the UK caused profitability to weaken by around £14mn. Cash flow also increased, meaning net cash (excluding leases) grew by 46 per cent to £1.82bn.

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The reaction from investors was muted, though. An admission that bookings for winter “have been a little slower in recent weeks” triggered concern about the sustainability of demand, especially given that capacity will be 21 per cent higher than last year. The company maintained full-year guidance of pre-tax profit before currency movements of between £480mn and £520mn, though, and said early-stage bookings for next summer were “encouraging”, with load factors higher despite a 12 per cent capacity increase.

Although holidays are a discretionary spend, Peel Hunt analyst Alexander Paterson argued in a recent note that it's one for which customers are willing to make sacrifices. We concur, and remain of the opinion that with Jet2’s shares trading at 6.5 times the FactSet broker consensus forecast, they will appeal to the bargain-hunter as much as its holidays. Buy.
Posted at 07/3/2024 16:46 by davebowler
IC summary-
Jet2 is forecasting pre-tax profit before currency movements of between £510mn and £525mn this year, which would be almost double its pre-pandemic peak and an increase of more than 30 per cent on last year. Cash is also abundant, with net cash (excluding leases) rising by 46 per cent to £1.82bn in the first half of FY2024.

And yet over the past 12 months, Jet2’s share price has only edged up by 5 per cent. Little wonder, then, that it recently popped up on the IC’s Alpha screen looking for UK Aim companies offering growth at reasonable price.
Posted at 13/2/2024 23:21 by fozzie
Just booked summer flights June/July for me and mrs foz, £410 return to Faro with Jet2, £540 with Ryanair from LBA. Flew with Ryanair last year at the same time for £230. So Jet2 price Dow around 20% on last year and Ryanair more than doubled 🤔
Posted at 12/1/2024 06:49 by rivaldo
On Citywire this morning:



"Buffettology manager on board with Jet2

Jet2 (JET2) saw its share price finally take off as post-pandemic demand took hold last year, and even the retirement of founder Philip Messon did not dent Sanford DeLand manager Keith Ashworth-Lord’s enthusiasm.

The Citywire Elite Companies plus-rated package holiday group is a top 10 holding in Ashworth-Lord’s CFP SDL UK Buffettology fund, where it makes up 4.5% of the £551m portfolio.

In a recent update, he said the stock, which grew 30.8% in 2023, had ‘built customer loyalty during the pandemic and would be handsomely rewarded when people started going on holiday again’.

‘This proved the case in 2023 as demand for its package holidays boomed and pent-up demand for flying led to a bonanza for Jet2,’ said Ashworth-Lord.

However, the share price moves over the year were not ‘uniform’ with the market ‘preferring to fret with the announcement in July that founder Philip Messon was to retire’.

‘This event has been known about for many years and the excellent and long-established operational management team of Steve Heapy and Gary Brown are perfectly placed to seamlessly transition the business,’ Ashworth-Lord said."
Jet2 share price data is direct from the London Stock Exchange

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