Easyjet Share Price (EZJ)

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Share Name Share Symbol Market Type Share ISIN Share Description
Easyjet Plc LSE:EZJ London Ordinary Share GB00B7KR2P84 ORD 27 2/7P
  Price Change % Change Share Price Shares Traded Last Trade
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  -2.60 -0.88% 294.40 927,889 12:27:37
Bid Price Offer Price High Price Low Price Open Price
294.20 294.70 295.90 288.10 294.30
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 1,458.00 -1,036.00 -159.00 2,232
Last Trade Time Trade Type Trade Size Trade Price Currency
12:27:23 AT 209 294.40 GBX
Related Shares
Flutter Entertainment (FLTR), Ryanair (RYA), Fastjet (FJET), Intosol (INTO)

Easyjet (EZJ) Latest News

Easyjet News

Date Time Source Headline
26/9/202215:15UKREGDirector/PDMR Shareholding
26/9/202214:32ALNCNewsIN BRIEF: easyJet to upgrade Airbus fleet with fuel, noise reduction
26/9/202211:06ALNCNewseasyJet sets out plan to reach 2050 net-zero carbon emissions target
26/9/202207:00UKREGeasyJet launches SBTi aligned net-zero roadmap
23/9/202207:58UKREGeasyJet holidays sell side analyst seminar
21/9/202214:30UKREGDirector/PDMR Shareholding
14/9/202209:30UKREGDirector/PDMR Shareholding
24/8/202207:00UKREGDirectorate Change
23/8/202207:00UKREGeasyJet PLC Publication of Supplement to Offering Circular
19/8/202213:20ALNCNewsFlights cancelled as Easyjet's Spain pilots strike
More Easyjet News
Easyjet Investors    Easyjet Takeover Rumours

Easyjet (EZJ) Discussions and Chat

Easyjet Forums and Chat

Date Time Title Posts
28/9/202211:39Easyjet 2014 and beyond16,207
14/9/202209:05Easymoney with EZJ5
13/7/202218:10easyJet Half Year Preview 17.05.201913
01/6/202012:21EZJ 20058,801
23/9/201923:16*** easyJet ***315

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Easyjet (EZJ) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
11:27:23294.40209615.30AT
11:27:23294.40191562.30AT
11:26:48294.104771,402.86AT
11:26:48294.10103302.92AT
11:26:08293.7038111.61O
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Easyjet (EZJ) Top Chat Posts

Top Posts
Posted at 29/9/2022 09:20 by Easyjet Daily Update
Easyjet Plc is listed in the Travel & Leisure sector of the London Stock Exchange with ticker EZJ. The last closing price for Easyjet was 297p.
Easyjet Plc has a 4 week average price of 279p and a 12 week average price of 279p.
The 1 year high share price is 729.20p while the 1 year low share price is currently 279p.
There are currently 758,010,049 shares in issue and the average daily traded volume is 6,841,575 shares. The market capitalisation of Easyjet Plc is £2,226,275,513.91.
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Posted at 23/9/2022 16:49 by danvandan
Who says I'm talking about 'one day'? The shares are in an established downtrend, the wider economy is in a downtrend, inflation is in an uptrend, interest rates are in an uptrend. No hearsay and no speculation - these are the facts. EZJ's share price is responding accordingly - you'd have to be blind or stupid to not see it. Btw, hedgies are shorting EZJ hugely again - the smart money agrees with me.
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Posted at 23/9/2022 16:38 by danvandan
selkirk, perhaps you should continue to post even more rarely - unlike you, I've been completely right about EZJ so far this year. The end is nowhere in sight. We may well go below £2 here. Jason, I presume you're the same excited mustard sandwich fan who latterly posted as jasonpugh. You were wrong back then and you are continuing to be wrong now. EZJ boasting about their little holiday company is a red herring. The main business has lost money all year long, despite a claimed massive recovery in passenger numbers. Final year accounts after Q4 will likely show a £750m loss. The fact is that the market continues to evolve badly for EZJ; fewer in-person meetings due to online meetings now being the norm, has taken a huge amount of business travellers out of EZJ's customer base; recession will reduce the number of ordinary holidaymakers, especially families; inflation is hiking costs for EZJ in every direction, but especially fuel and labour costs. All of this is adding up to a number of profitless years for EZJ, and given high interest rates, possibly another rights issue. There are an awful lot of rampers here who seem to be in denial about what the share price is telling them. These are the same people who were claiming that the shares would soon be back at £7+ over recent weeks and months. I suggest you all stop mindlessly ramping and get comfortable with being in a loss-making basket-case for a couple of years.
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Posted at 23/9/2022 05:18 by danvandan
The board did NOT 'walk away from 800p'. No bid has been made for EZJ and no bid will be made for this business since it is hemorrhaging cash in a tough market where there is lots of competition. A false rumour was encouraged by the management team about a 'bid' during the last rights issue, purely to ramp up the share price. If there HAD been a bid, it would have HAD to have been put before shareholders - those are the rules. The management don't own the company. Spin and dishonesty have unfortunately characterised much of EZJ's communication with customers and investors this year, especially concerning volumes and revenue, constantly claiming that volumes were at or near '2019 levels' only for the revenue to not appear when the accounts are due. Another rights issue is more likely imv, to avoid EZJ falling into a debt trap.
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Posted at 22/9/2022 17:02 by danvandan
Recession is rushing towards us, consumers are tightening belts and easyjet's future profits are smaller and being pushed further into the future. Current market cap is £2.4m. If the business makes half what it made in 2019, a record year for flying, in the next financial year, then that will be about £180m. On a forward p/e of say 12 (given the demonstrably high risk nature of easyjet's business) I reckon a market cap of £2.2bn might be fair (shareprice of £2.80). That's assuming there isn't a complete collapse in consumer sentiment, because if that happens, all bets are off and the share price drop could well overshoot below £2. The cost of compensation has been significant (wiping out Q3 profits) and the reputational damage will reduce future bookings. Q4 will show the level of damage to consumer confidence with regard to easyjet's bookings. Meanwhile, the drop in consumer spending will massively hit EZJ's customer base. The EZJ share price has a lot further to fall imo.
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Posted at 13/6/2022 15:42 by danvandan
The shares are being dumped bigtime. Jasonpugh has probably expired due to all the mustard sandwiches that he's agreed to eat, despite his allergy. He will be missed. Meanwhile, recession is rushing towards us, consumers are tightening belts and easyjet's future profits are smaller and being pushed further into the future. Current market cap is £3.2m. If the business makes half what it made in 2019, a record year for flying, then that will be about £180m. On a forward p/e of say 12 (given the demonstrably high risk nature of easyjet's business) I reckon a market cap of £2.2bn might be fair (shareprice of £2.80). That's assuming there isn't a complete collapse in consumer sentiment, because if that happens, all bets are off and the share price drop could well overshoot below £2. The next big move will most likely follow the release of EZJ's Q3 numbers. There'll probably be some good news in there on load factors, but the cost of compensation will be significant and the reputational damage will reduce future bookings. Because if you've got kids, why would you book flights for a family of four never knowing for sure whether they'll go ahead? How can you pay the deposit on the hotels? Why risk it? Staycations can be planned with greater certainty. Also the cost of a foreign holiday will be too much for many. Q4 will show the level of damage to consumer confidence with regard to easyjet's bookings. The EZJ share price has a lot further to fall imo.
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Posted at 21/5/2022 16:46 by danvandan
This was under £5 just a few days ago - no 'black swan' event needed for that. No real telling which way it'll go over the next few days, but as has been pointed out, when the market moves on from what it thinks are 'recovery stories' and realises that EZJ isn't one of them, then the share price will be valued on fundamentals. That may have happened already. The pandemic is mostly behind us. Now many investment houses are talking about coming recession. Only Apple is holding the US market up for the moment. Sandbar are the 'conviction trader' shorting eZJ at the moment and they reduced their short on Thursday, contributing about a quarter of the buy trades on that day, possibly for fear of getting burnt by another wave of optimism. They're still short almost 1% of the total share issue though (about 7m shares). Their short reduction was most probably risk management more than anything. Key aspects are two-fold. 1, in 2019, a record yr for EZJ, the business made £350m net profit. 2020, they lost a billion. 2021 they lost £800m. This year they will probably lose another £500m (already down £500m but I'm guessing a smaller loss for this quarter 3 balanced with a small profit for Q4). Maybe a profit in 2023 but it will most probably be a small one as it tries to tackle inflation and borrowing costs while also confronting a slowdown in consumer spending. So the fundamentals don't really support a bullcase based on EZJ's current market cap of £4bn. 2. The coming recession. All boats will sink on the descending tide. There is just too much going wrong right now. Inflation has been stoked by years of money printing. The Russo/Ukraine war has caused the supply shock that has now let the brakes off a runaway train of inflation. Continuously rising interest rates will hurt mortgage-holders and indebted businesses will inevitably start going broke as consumers rein-in spending. When lay-offs start, we will be on the downward roller-coaster run. Exactly when that starts is difficult to time, but the dow is down 15% from its recent peak - it may have already started. This might be the right moment to sell any EZJ spikes caused by irrational retail sentiment.
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Posted at 20/5/2022 17:13 by thornintheside
Share price here is almost at 2019 levels. Don't forget that EZJ has had TWO rights issues during the pandemic and issued new shares so that there are virtually twice as many now as there were in 2019. That would make today's price of 520p the same as £10.40 in 2019. EZJ has NOT LAGGED in share price recovery. The shares have nearly completely recovered. There is no 'recovery story' to be had with these shares. Look at the market cap and the price/earnings ratio. On current prices the shares are WAY OVERPRICED!!! This business lost another half a billion pounds in H1. In January the ceo said that bookings were close to 2019 levels for summer but clearly either that is untrue, or EZJ were selling seats much cheaper and costs are way higher. Either way, the ceo is running out of runway because the next quarter IS the summer season. He can't keep saying 'close to 2019 volumes' and still keep showing huge losses. I reckon it will take EZJ several years to clear its debts and become profitable. By the end of this year, I suspect the ceo will be found out and he will be gone.
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Posted at 25/11/2021 11:58 by danvandan
Basic arithmetic suggests a £4.2bn market cap is very high for EZJ. It was only £5.2bn in January 2020 when the share price peaked at £15.00. Two rights issues later there's now twice as many shares. £5.60 is equivalent to £11.20 in 2019 which is only about 25% down from the shares when they peaked massively BEFORE covid arrived. Several other things you might want to bear in mind when valuing EZJ; the business has at least £1bn more debt than it had in 2019 and is making NO PROFIT. The debt pushes the enterprise value of the business easily up to where it was in 2019 (market capitalisation plus debt, minus cash) and this valuation is imv much too high considering that EZJ's immediate prospects are now very different to what they were in January 2020. Back then, EZJ made £350m annual profit, had low debt, paid dividends and was a relatively stable low margin business. NOW it makes no profit, has massive debt, will pay NO DIVIDENDS for years while it tries to pay down its debt, and will make NO PROFIT this year, and probably next year too. Even 2023 is a big unknown - I'd hope covid will be over by then, but most people thought last year that it would be over by now. So keeping all of that in mind, what exactly are you proposing as a 'low' market cap for EZJ? IMV it's already far too high and should be at most, half of its current level, probably around £2.80. When the results are out on Tuesday, all of the analysts on this share will be compelled to revise their targets down and the share price will take a massive tumble.
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Posted at 10/11/2021 15:31 by danvandan
Bank of America have been trading EZJ if the RNSs are to be taken at face value, and they reduced their position to practically zero a week or so ago. The RNS showing 'latest' position applies to last week; you can be sure they've been selling this week. We're at a key 'support' level now; if we break below 618p, the shareprice could go into freefall. A number of factors are weighing on the shareprice: 1. New EU/Brexit crisis with the prospect of the UK Govt's article 16 being invoked and a retaliatory threat of the annulment of the brexit deal with the EU occurring. 2. Rising covid infections and deaths across Europe, meaning that travel restrictions will remain in place or become more severe again, plus a reluctance on people generally to travel - who wants to visit Spain and walk around in a facemask all day? It's not the carefree place it used to be. Some people will do anything for a bit of sun, but many others will consider it too much trouble, especially with third jabs becoming part of the new travel requirements. 3. Rising costs; oil price is hitting EZJ along with wage inflation and airport costs. 4. Loss of business travellers; some will resume meetings abroad but a big part of this market has moved online to work digitally. Everyone is a lot more comfortable with online meetings now. 5. Debt; EZJ indebtedness is likely to be well over £2bn in loans and lease obligations and the business may still be running at a loss. 6. High shareprice; there are now twice as many shares as in 2019, so £6.30 is the new £12.60, about 20% down on the peak price of £15 back in Jan 2020 BEFORE covid hit, when EZJ paid dividends and had only small debt. So now we have a market cap of £4.9bn for a company that has massive debt, low earnings (or possible ongoing losses), rising costs, in a permanently smaller market. 7. All the good news is over. US market is open. But there's plenty of potential for yet more bad news. 8. No dividends for years to come until the debt is down to a manageable level. A p/e of 18 might have been ok for EZJ when it was a dividend payer, but not as a risk-ridden carrier. Aviation isn't like digital business (constantly expanding). EZJ's business is in a mature market without the potential for exponential growth. This share price has to come down to a more realistic level in line with its future earning potential. My view is that this has a lot further to fall, probably to around £4 and possibly lower.
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Posted at 24/9/2021 11:20 by rookieswingtrader2020
Well that's good - at least there is no longer any (even remote) perceived threat of an all-out disappearance of value, as their apparent comment about the rights' being "worthless" seemed to suggest. What date would you actually receive the new shares into your account - did I read somewhere that it would be Tues 28/09? You could of course sell at that point if desired, but presumably not beforehand. In theory if you are bearish and anticipate a decline in the EZJ share price between today and your actual receipt of the new shares you could hedge your position with a CFD short, although to do so would surely bring its own considerations re leverage / margin / finance costs and so may not be worth the effort and costs.
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