Ryanair (NASDAQ:RYAAY) Shares Down 4.6%

Ryanair Holdings plc (NASDAQ:RYAAY) dropped 4.6% on Friday . The stock traded as low as $136.18 and last traded at $139.00. Approximately 129,604 shares traded hands during trading, a decline of 75% from the average daily volume of 516,033 shares. The stock had previously closed at $145.63.

Analyst Ratings Changes

RYAAY has been the subject of several recent research reports. StockNews.com downgraded Ryanair from a “buy” rating to a “hold” rating in a report on Friday, January 5th. Raymond James increased their price objective on Ryanair from $140.00 to $162.00 and gave the stock a “strong-buy” rating in a research report on Monday, December 18th. Finally, Evercore ISI increased their price objective on Ryanair from $145.00 to $155.00 and gave the stock an “in-line” rating in a research report on Thursday, April 4th. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Ryanair has an average rating of “Moderate Buy” and an average price target of $158.50.

Ryanair Trading Down 4.3 %

The stock has a market cap of $31.76 billion, a PE ratio of 14.35, a PEG ratio of 0.75 and a beta of 1.59. The business has a 50-day moving average of $141.67 and a 200 day moving average of $124.09. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.00 and a current ratio of 1.00.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings data on Monday, January 29th. The transportation company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.28). The company had revenue of $2.91 billion for the quarter, compared to analysts’ expectations of $2.96 billion. Ryanair had a return on equity of 29.39% and a net margin of 15.64%. Equities research analysts predict that Ryanair Holdings plc will post 9.27 EPS for the current fiscal year.

Institutional Trading of Ryanair

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RYAAY. Capital International Investors boosted its stake in Ryanair by 1.3% in the 4th quarter. Capital International Investors now owns 10,687,236 shares of the transportation company’s stock worth $1,425,446,000 after buying an additional 137,935 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its stake in Ryanair by 2.6% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 10,320,082 shares of the transportation company’s stock worth $1,003,215,000 after buying an additional 259,703 shares during the last quarter. Baillie Gifford & Co. boosted its stake in Ryanair by 14.6% in the 4th quarter. Baillie Gifford & Co. now owns 9,389,236 shares of the transportation company’s stock worth $1,252,149,000 after buying an additional 1,197,812 shares during the last quarter. Capital World Investors boosted its stake in Ryanair by 90.8% in the 4th quarter. Capital World Investors now owns 9,294,414 shares of the transportation company’s stock worth $1,239,503,000 after buying an additional 4,424,400 shares during the last quarter. Finally, Lazard Asset Management LLC boosted its stake in Ryanair by 5.7% in the 4th quarter. Lazard Asset Management LLC now owns 6,292,044 shares of the transportation company’s stock worth $470,392,000 after buying an additional 337,122 shares during the last quarter. Hedge funds and other institutional investors own 43.66% 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, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.