🫏 Is Wizz Air A Good Investment

The Wizz Air share price has now sunk to less than 2,000p. However, low-cost airlines, particularly Wizz Air, have been utilising their market position to make operational changes that look to Overview #1 IN CEE 187 AIRCRAFT with an average age of 4.2 years 33 m passengers H1 F24 900+ routes 196 airports in 54 countries 8,000+ aviation professionals Analyst Event, Budapest 26 September 2023 Analyst Event, Budapest H1 F24 Results 09 November, 2023 33 million passengers 1.8 EUR billion total cash Download See all results November 2023 Wizz Air Abu Dhabi aim to build on a successful 2023 Wizz Air Abu Dhabi have reported a 150 percent rise in passengers this year. The company, a joint venture between Hungary's Wizz Air and Abu Dhabi state holding company ADQ, carried 3 million passengers in 2023, up from 1.2 million in the previous 12 months, Johan Eidhagen, the managing director, told AGBI. debt-equity-history-analysis How Healthy Is Wizz Air Holdings' Balance Sheet? We can see from the most recent balance sheet that Wizz Air Holdings had liabilities of €1.37b falling due Wizz Air shares are currently up around 40% over the past 12 months. And the Wizz share price is in positive territory compared to pre-pandemic levels, up 23% over the past two years. Wizz Air Holdings PLC stock price live 2,179.0, this page displays LON WIZZ stock exchange data. View the WIZZ premarket stock price ahead of the market session or assess the after hours Wizz Air Holdings boasts net cash, so it's fair to say it does not have a heavy debt load, even if it does have very significant liabilities, in total. Notably, Wizz Air Holdings made a loss at the EBIT level, last year, but improved that to positive EBIT of €17m in the last twelve months. Analyst Future Growth Forecasts. Earnings vs Savings Rate: WIZZ's forecast earnings growth (28.5% per year) is above the savings rate (1.5%). Earnings vs Market: WIZZ's earnings (28.5% per year) are forecast to grow faster than the UK market (10.3% per year). Wizz Air's half-year results, posted this morning, showed that the company is making a good recovery after the pandemic. For the six months to 30 September, the company reported: Passengers For the moment, the optimism is clearly carrying Wizz Air shares higher. Wizz Air shares vs competitors Wizz Air shares might be a good buy, but what about being the best in the EiZJ.

is wizz air a good investment