Ryanair Holdings plc (RYAAY) Receives $78.00 Average PT from Analysts

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) have been assigned a consensus rating of “Hold” from the sixteen analysts that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, six have given a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $78.00.

RYAAY has been the subject of several research analyst reports. HSBC upgraded shares of Ryanair from a “reduce” rating to a “buy” rating in a research note on Tuesday, January 22nd. Morgan Stanley cut shares of Ryanair from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, January 22nd. Berenberg Bank cut shares of Ryanair from a “hold” rating to a “sell” rating in a research note on Tuesday, January 8th. Cantor Fitzgerald upgraded shares of Ryanair from a “hold” rating to a “buy” rating in a research note on Wednesday, February 6th. Finally, Societe Generale upgraded shares of Ryanair from a “hold” rating to a “buy” rating in a research note on Tuesday, February 19th.

NASDAQ:RYAAY traded up $3.14 during trading hours on Wednesday, hitting $82.55. 725,008 shares of the company traded hands, compared to its average volume of 711,634. The stock has a market cap of $18.60 billion, a P/E ratio of 11.71 and a beta of 0.73. Ryanair has a twelve month low of $65.61 and a twelve month high of $121.45. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.91 and a quick ratio of 0.91.

Ryanair (NASDAQ:RYAAY) last released its earnings results on Monday, February 4th. The transportation company reported ($0.10) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.25 by ($0.35). The company had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.80 billion. Ryanair had a net margin of 14.65% and a return on equity of 25.18%. As a group, equities research analysts anticipate that Ryanair will post 5.94 EPS for the current year.

Hedge funds have recently made changes to their positions in the company. FNY Investment Advisers LLC increased its position in shares of Ryanair by 141.2% during the 1st quarter. FNY Investment Advisers LLC now owns 33,762 shares of the transportation company’s stock worth $2,530,000 after purchasing an additional 19,762 shares in the last quarter. Scout Investments Inc. increased its position in shares of Ryanair by 10.8% during the 1st quarter. Scout Investments Inc. now owns 271,603 shares of the transportation company’s stock worth $20,354,000 after purchasing an additional 26,581 shares in the last quarter. Manning & Napier Group LLC increased its position in shares of Ryanair by 6.2% during the 1st quarter. Manning & Napier Group LLC now owns 264,026 shares of the transportation company’s stock worth $19,785,000 after purchasing an additional 15,331 shares in the last quarter. We Are One Seven LLC increased its position in shares of Ryanair by 79.2% during the 1st quarter. We Are One Seven LLC now owns 2,921 shares of the transportation company’s stock worth $218,000 after purchasing an additional 1,291 shares in the last quarter. Finally, Metropolis Capital Ltd increased its position in shares of Ryanair by 97.4% during the 1st quarter. Metropolis Capital Ltd now owns 788,025 shares of the transportation company’s stock worth $59,055,000 after purchasing an additional 388,868 shares in the last quarter. Institutional investors own 43.69% of the company’s stock.

Ryanair Company Profile

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, and Other European countries. The company is also involved in the provision of various ancillary services, such as non-flight scheduled services and Internet-related services; in-flight sale of beverages, food, and merchandise; and marketing accommodation services, holidays, car hire, and travel insurance through its Website.

Further Reading: Depreciation

Analyst Recommendations for Ryanair (NASDAQ:RYAAY)

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