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Wizz Air Holdings ( (GB:WIZZ) ) just unveiled an announcement.
Wizz Air Holdings Plc has announced its current share capital structure, revealing a total of 103,398,253 ordinary shares in issue, each carrying one voting right. The company also disclosed its theoretical fully diluted share capital, which includes potential shares from convertible notes and employee share options, amounting to 127,733,907 shares. This announcement provides shareholders with essential information for calculating their interests and obligations under financial regulations, potentially impacting their investment strategies.
The most recent analyst rating on (GB:WIZZ) stock is a Buy with a £37.50 price target. To see the full list of analyst forecasts on Wizz Air Holdings stock, see the GB:WIZZ Stock Forecast page.
Spark’s Take on GB:WIZZ Stock
According to Spark, TipRanks’ AI Analyst, GB:WIZZ is a Outperform.
Wizz Air Holdings’ overall stock score reflects a strong recovery in financial performance, particularly in income growth and margin improvement. However, high leverage and negative free cash flow present significant risks. The stock’s technical indicators show upward momentum, supporting a positive outlook. The attractive valuation, with a low P/E ratio, suggests an undervalued opportunity in the airline industry. Positive corporate events, like passenger growth and sustainability initiatives, further enhance the growth potential, offsetting some financial risks.
To see Spark’s full report on GB:WIZZ stock, click here.
More about Wizz Air Holdings
Wizz Air Holdings Plc operates in the airline industry, providing low-cost air travel services primarily across Europe. The company focuses on offering affordable and efficient travel options to a broad customer base, leveraging its extensive network and fleet of aircraft.
Average Trading Volume: 797,280
Technical Sentiment Signal: Strong Sell
Current Market Cap: £1.15B
See more data about WIZZ stock on TipRanks’ Stock Analysis page.