EZJ
ProShares - Ultra MSCI Japan·Financial Services
60.26
0.594%(−0.36)
Market OpenLast Updated: — ET
52W L: $35.6952W H: $70.50
ProShares - Ultra MSCI Japan·Financial Services
Market Peers
EasyJet PLC (LSE:EZJ) first-half losses are likely to widen as fuel costs were ratcheted up by the war in the Middle East, offsetting what it said was strong demand for flights and holidays. The budget airline said it would report a headline pre-tax loss of £540 million to £560 million for the six months to March, up from the headline loss of £394 million a year ago.
easyJet PLC (LSE:EZJ) has emerged as the most compelling buy opportunity among European airline stocks following a broad sector sell-off, with its shares now trading close to the valuation lows last seen during the 2008 global financial crisis. The low-cost carrier's price-to-book ratio, a measure that compares a company's share price to the net value of its assets, has fallen to levels that historically have marked extreme stress points for the stock, suggesting much of the bad news is already reflected in the price.
IAG and EasyJet share prices have slumped this month as geopolitical tensions continued, pushing crude oil above $100. EasyJet stock dropped to 397p, down by 25% from the highest point in December, and 30% from its 2025 highest point.
easyJet PLC (LSE:EZJ) shares rose 1% to 489.6p after Citi upgraded the stock to ‘Buy', citing a clearer path to earnings recovery and improved capital returns from 2027 onwards. Analysts said easyJet's margins are expected to bottom out in the current financial year to September 2026, with attention now shifting to FY27, when a refreshed fleet is set to bolster its core airline operations.
EasyJet PLC (LSE:EZJ) reported winter losses that were larger than last year's and worse than expected, but after its strongest-ever bookings in January has stuck to its full-year outlook, saying demand for both flights and package holidays remains strong. The airline reported a headline loss before tax of £93 million for the three months to the end of December, deeper than the £61 million loss in the same period last year and the City analyst consensus of £83.6 million.
European stocks are finally showing signs of life, with analysts at UBS highlighting a stronger and more reliable earnings backdrop than investors have seen in years. With valuations still trading at a discount compared to US peers, the stage is set for select European names to deliver outsized returns.