JET2 PLC ORD GBP 4H LSE AVIATION SECTORJET2 PERFORMING WELL OVERALL SINCE THE COVID CRASH, STRUGGLED TO BREAK PAST THE 3 YEAR RESISTANCE OF APPROX 1403 ON A NUMBER OF OCCASSIONS, RISING WEDGES TEND TO BREAK TO THE DOWNSIDE 68% OF THE TIME,
FUNDAMENTALS ARE BRILLIANT ON THIS ONE. NEW TRAINING CENTRE AND AIRCRAFTS PURCHASES.
Jet2 Plc Market Data
TIDM JET2
Ticker Code JET2.L
ISIN GB00B1722W11
Currency GBX
Issue Country GB
Sector Ticker NMX2770
Year End 31-Mar-2022
Shares in Issue 215m
Market Cap. £2,802m
Market Size 2,000
PE Ratio -8.878
Earnings -147.00
Dividend 3.00
Yield 0.230%
# of Trades 700
Vol Sold 219,018
Vol Bought 96,967
52 Week High 1,394.50
52 Week High Date 08-Mar-2023
52 Week Low 637.40
52 Week Low Date 13-Oct-2022
JET2 Fundamentals
Standard IFRS IFRS IFRS IFRS IFRS
Millions Millions Millions Millions Millions
Income Statement 30 Mar '22 31 Mar '21 30 Mar '21 31 Mar '20 30 Mar '20
Revenue 1,231.70 395.40 395.40 3,584.70 3,584.70
Operating Profit / Loss (323.90) (336.10) (336.10) 184.60 184.60
Net Interest (66.00) (34.60) (34.60) (37.60) (37.60)
Pre Tax Profit (388.80) (369.90) (369.90) 147.70 147.70
Post Tax Profit (315.40) (299.50) (299.50) 111.60 111.60
Profit for the Period (315.40) (271.20) (271.20) 116.00 116.00
Equity Holders of Parent Company (315.40) (271.20) (271.20) 116.00 116.00
Minority Interests n/a n/a n/a n/a n/a
Continuing EPS
Earnings per Share (Basic) (147.00p) (151.20p) (166.90p) 77.90p 77.90p
Earnings per Share (Diluted) (147.00p) (166.90p) (166.90p) 74.80p 74.80p
Earnings per Share (Adjusted) (147.00p) (166.90p) (166.90p) 75.00p 75.00p
Continuing and Discontinued EPS
Earnings per Share (Basic) (147.00p) (151.20p) (166.90p) 77.90p 77.90p
Earnings per Share (Diluted) (147.00p) (151.20p) (166.90p) 77.80p 77.80p
Earnings per Share (Adjusted) (147.00p) (151.20p) (166.90p) 77.90p 77.90p
Dividend per Share n/a n/a n/a 3.00p 3.00p
Millions Millions Millions Millions Millions
Balance Sheet 30 Mar '22 31 Mar '21 30 Mar '21 31 Mar '20 30 Mar '20
JET2
JET2 PLC LSE STOCK MARKET , at support, Long ?LSE:JET2
Jet2 like the rest of the aviation market had a terrible time performance wise due to covid and lock downs, price now at a long term support, i expect it to be respected and bounce from here, perfect place for a buy, fundamentals for Jet are great as well as the technicals which i have indicated in my TA.
JET2 1HOUR LSE UK chart looking ok for swing trades, support and resistance lines drawn. apply stop losses to your trades, good risk management.
jet 2 is great long term stock to hold, but if your want to trade it, they're is plenty opportunities to make money, with good trade setups.
Previous Close 882. 40
Open 895.80
Bid 880.20 x N/A
Ask 883.80 x N/A
Day's Range 874.60 - 910.00
52 Week Range 739.55 - 1,434.19
Volume 101,634
Avg . Volume 663,853
Jet2 has a market capitalization of UK£1.96b,
March 2022, Jet2 had UK £991.7m of debt, up from UK £756.2m a year ago.
balance sheet data, we can see that Jet2 had liabilities of UK£1.68b due within 12 months and liabilities of UK£1.42b due beyond that. On the other hand, it had cash of UK£2.23b and UK£185.8m worth of receivables due within a year. So it has liabilities totalling UK£682.6m more than its cash and near-term receivables, combined.
Jet2 Chart LSE 1D LSE:JET2
chart looking ok for swing trades, support and resistance lines drawn. apply stop losses to your trades, good risk management.
jet 2 is great long term stock to hold, but if your want to trade it, they're is plenty opportunities to make money, with good trade setups.
long at 865.5, stop loss at 846.4 ,take profit at 998.6
Previous Close 882.40
Open 895.80
Bid 880.20 x N/A
Ask 883.80 x N/A
Day's Range 874.60 - 910.00
52 Week Range 739.55 - 1,434.19
Volume 101,634
Avg. Volume 663,853
Jet2 has a market capitalization of UK£1.96b,
March 2022, Jet2 had UK £991.7m of debt, up from UK £756.2m a year ago.
balance sheet data, we can see that Jet2 had liabilities of UK£1.68b due within 12 months and liabilities of UK£1.42b due beyond that. On the other hand, it had cash of UK£2.23b and UK£185.8m worth of receivables due within a year. So it has liabilities totalling UK£682.6m more than its cash and near-term receivables, combined.
wizz air 4hr for the aviation industry im bullish, making a good pandemic recovery, The aviation market is anticipated to register a CAGR of over 5% during the forecast period (2022 - 2027). it is expected to take 2-3 years to recover completely. However, the return of the Boeing 737MAX into service and the recovery in domestic demand helped the OEMs in obtaining more orders and increasing aircraft deliveries in 2021.
Jet2 part of the dart group family, neutral/long jet2 is in my list of safe stocks, i like this stock for the long term, good fundamentals and technicals. support of around £7.65 since 2018. Im long on this for the long term, phil messon ceo is a forward thinking and customer focused. one for the retirement portfolio, short term expected to hit support again before hitting ath again next year,