Ryanair Holdings PLC (NASDAQ:RYAAY) Receives Average Recommendation of “Moderate Buy” from Analysts

Ryanair Holdings PLC (NASDAQ:RYAAY) has been given an average recommendation of “Moderate Buy” by the twelve research firms that are presently covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $75.6667.

RYAAY has been the topic of several research analyst reports. Evercore upgraded shares of Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 target price on the stock in a report on Thursday, March 12th. Weiss Ratings upgraded shares of Ryanair from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 20th. Erste Group Bank downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Wednesday, February 18th. Morgan Stanley restated an “overweight” rating on shares of Ryanair in a report on Tuesday, January 27th. Finally, Zacks Research cut shares of Ryanair from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 25th.

Ryanair Price Performance

Shares of Ryanair stock opened at $58.48 on Monday. The company has a market capitalization of $30.60 billion, a P/E ratio of 11.74, a price-to-earnings-growth ratio of 0.56 and a beta of 1.22. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.67 and a quick ratio of 0.67. The business has a 50-day moving average of $65.49 and a two-hundred day moving average of $64.98. Ryanair has a 1 year low of $38.52 and a 1 year high of $74.24.

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

Institutional Trading of Ryanair

A number of institutional investors have recently modified their holdings of the company. USA Financial Formulas acquired a new position in shares of Ryanair during the third quarter worth about $26,000. CIBC Private Wealth Group LLC raised its position in Ryanair by 280.6% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company’s stock valued at $28,000 after buying an additional 348 shares during the last quarter. Pin Oak Investment Advisors Inc. raised its position in Ryanair by 76.0% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock valued at $29,000 after buying an additional 209 shares during the last quarter. Brown Brothers Harriman & Co. lifted its stake in Ryanair by 2,929.4% in the 4th quarter. Brown Brothers Harriman & Co. now owns 515 shares of the transportation company’s stock valued at $37,000 after acquiring an additional 498 shares in the last quarter. Finally, UMB Bank n.a. lifted its stake in Ryanair by 1,057.4% in the 3rd quarter. UMB Bank n.a. now owns 544 shares of the transportation company’s stock valued at $33,000 after acquiring an additional 497 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors.

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.