Ryanair Holdings PLC (NASDAQ:RYAAY) Given Average Rating of “Buy” by Analysts

Ryanair Holdings PLC (NASDAQ:RYAAY) has earned a consensus recommendation of “Buy” from the ten analysts that are covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $73.50.

Several research analysts recently commented on RYAAY shares. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ryanair in a report on Thursday, January 8th. Sanford C. Bernstein restated a “market perform” rating and set a $71.00 target price on shares of Ryanair in a research report on Tuesday, January 27th. Wall Street Zen cut Ryanair from a “buy” rating to a “hold” rating in a research report on Sunday, January 25th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Ryanair in a research note on Thursday, January 15th. Finally, Morgan Stanley restated an “overweight” rating on shares of Ryanair in a research note on Tuesday, January 27th.

Institutional Trading of Ryanair

Hedge funds and other institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its holdings in Ryanair by 30.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,632 shares of the transportation company’s stock valued at $190,000 after purchasing an additional 620 shares during the period. Plan A Wealth LLC raised its position in shares of Ryanair by 9.1% in the fourth quarter. Plan A Wealth LLC now owns 3,763 shares of the transportation company’s stock worth $272,000 after buying an additional 315 shares in the last quarter. Global Retirement Partners LLC boosted its stake in Ryanair by 156.0% during the fourth quarter. Global Retirement Partners LLC now owns 1,751 shares of the transportation company’s stock valued at $126,000 after buying an additional 1,067 shares during the period. PNC Financial Services Group Inc. boosted its stake in Ryanair by 2.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 13,171 shares of the transportation company’s stock valued at $951,000 after buying an additional 276 shares during the period. Finally, Larson Financial Group LLC grew its position in Ryanair by 64.9% during the fourth quarter. Larson Financial Group LLC now owns 653 shares of the transportation company’s stock worth $47,000 after buying an additional 257 shares in the last quarter. Institutional investors own 43.66% of the company’s stock.

Ryanair Trading Up 1.6%

Shares of RYAAY opened at $68.61 on Friday. Ryanair has a fifty-two week low of $38.52 and a fifty-two week high of $74.24. The business has a 50-day moving average of $70.07 and a 200 day moving average of $64.93. The firm has a market cap of $36.02 billion, a P/E ratio of 13.78, a price-to-earnings-growth ratio of 0.65 and a beta of 1.23. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.67 and a current ratio of 0.67.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings data on Monday, January 26th. The transportation company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.18 by $0.08. The business had revenue of $3.77 billion for the quarter, compared to the consensus estimate of $3.16 billion. Ryanair had a net margin of 15.04% and a return on equity of 29.76%. As a group, research analysts forecast that Ryanair will post 3.09 EPS for the current year.

Ryanair Announces Dividend

The company also recently disclosed a special dividend, which will be paid on Wednesday, March 4th. Investors of record on Friday, January 16th will be paid a dividend of $0.4545 per share. The ex-dividend date of this dividend is Friday, January 16th. Ryanair’s payout ratio is currently 14.26%.

Ryanair Company Profile

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.