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
JET2L trade ideas
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.
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,
JET2 - history repeating itselfGoldybug always travels with JET2. He likes the certainty of knowing what the holiday will be like so he books the same resort, hotel and even room every time he goes away. Same with his share price predictions. That is why he is so pleased to see yet another double lower Bolinger Band crossover which he predicts will precede another period of rapid rise. Good Luck everyone. As ever do your own research to confirm prior to making any buy or sell decisions.
JET2 - BUY. Goldybug set for a short city break with JET2Double top seems to be repeating itself;
Goldybug thinks that there might be an opportunity to make circa 200p per share and so has packed his teeny tiny suitcase for a short city break to visit family, flying JET2 of course.
If you like Goldybug's analysis, reward the little bug with kudos or a thumbs up.
Goodluck all. Confirm any analysis with your own research.
Jet2 Share PriceInteresting share price action on Jet2. We have earnings being reported in just under 3 months, perhaps we shall see a return to a higher price as Covid measures are eased and international travel becomes more fluid. Fortunately for Jet2 they only operate in Europe which is a more stable marketplace and hence I can see a return to £13.50 in anticipation of good results.
What are your thoughts?
JET2 - Take flight BB3 returning to MeanJET2 seems to react nicely to double kiss of the lower BB line. It's happened twice recently followed by nice rise. Goldybug is watching current JET2 activity as price has now double kissed the lower BB line for a third time. Could it be set to rise again. Goldybug likes drinking Bollinger and is expectingJET2 price to return to mean. Good Luck. Goldybug opinion only.
JET2 - Pack your bags and get ready for takeoffJET2 has been trading with a defined range for a few months. There has been a lack of confidence in the industry during Covid. At the time of writing key destination countries are undergoing 3rd waves and lockdowns, inevitably impacting holidays. However, governments will eventually release the lockdowns as cases come under control and travel protocols firm up. Therefore JET2 has very good shareprice potential IF travel returns to pre-Covid levels AND they can operate IN PROFIT. Rememeber it's not just sales which affect profit, its profit on sales. Any views expressed are purely my opinon. Investigate and do your own research before investing in any stock. Good Luck.