Wizz Air Updates on Share Capital Structure

An announcement from Wizz Air Holdings ( (GB:WIZZ) ) is now available.

Wizz Air Holdings Plc has announced its current share capital structure, revealing that it has 103,396,343 ordinary shares in issue, with no shares held in treasury. Each share carries one voting right, although shares held by Non-Qualifying Nationals are subject to specific disenfranchisement measures. The announcement also provides a theoretical fully diluted share capital figure of 127,733,907, which includes potential shares from convertible notes and employee share options. This update is crucial for shareholders and stakeholders to understand their voting rights and potential changes in shareholding.

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 is a prominent player in the airline industry, primarily offering low-cost air travel services across Europe and beyond. The company focuses on providing affordable and efficient air travel options, catering to a wide range of customers seeking budget-friendly travel solutions.

Average Trading Volume: 515,525

Technical Sentiment Signal: Sell

Current Market Cap: £1.65B

Find detailed analytics on WIZZ stock on TipRanks’ Stock Analysis page.