Ryanair Holdings plc (NASDAQ:RYAAY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) have been assigned an average rating of “Moderate Buy” from the ten analysts that are presently covering the company, MarketBeat reports. Six investment analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and three have given a strong buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $154.67.

Several research analysts have commented on the company. UBS Group lowered Ryanair from a “buy” rating to a “neutral” rating in a research report on Thursday, June 20th. The Goldman Sachs Group raised Ryanair to a “strong-buy” rating in a report on Friday, August 9th. Hsbc Global Res raised Ryanair to a “hold” rating in a report on Friday, July 12th. HSBC lowered Ryanair from a “buy” rating to a “hold” rating in a report on Friday, July 12th. Finally, Citigroup raised Ryanair to a “strong-buy” rating in a research note on Friday, August 2nd.

Ryanair Stock Up 1.6 %

NASDAQ RYAAY opened at $111.46 on Friday. The business has a fifty day moving average price of $108.17 and a 200 day moving average price of $125.39. Ryanair has a one year low of $87.18 and a one year high of $150.73. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.93 and a current ratio of 0.93. The company has a market cap of $25.17 billion, a P/E ratio of 12.22, a P/E/G ratio of 1.34 and a beta of 1.55.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings data on Monday, July 22nd. The transportation company reported $1.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.89 by ($1.20). Ryanair had a return on equity of 20.43% and a net margin of 12.07%. The business had revenue of $3.90 billion for the quarter, compared to analyst estimates of $4.32 billion. Research analysts anticipate that Ryanair will post 7.95 EPS for the current fiscal year.

Ryanair Cuts Dividend

The business also recently announced a Variable dividend, which will be paid on Thursday, September 26th. Investors of record on Friday, August 9th will be issued a dividend of $0.692 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a dividend yield of 1.8%. Ryanair’s payout ratio is currently 28.18%.

Institutional Investors Weigh In On Ryanair

Hedge funds have recently bought and sold shares of the business. Transcendent Capital Group LLC acquired a new stake in Ryanair during the 1st quarter valued at approximately $29,000. GAMMA Investing LLC grew its position in shares of Ryanair by 44.9% in the 1st quarter. GAMMA Investing LLC now owns 242 shares of the transportation company’s stock worth $35,000 after acquiring an additional 75 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Ryanair by 256.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 299 shares of the transportation company’s stock worth $41,000 after purchasing an additional 215 shares during the last quarter. Principal Securities Inc. bought a new stake in shares of Ryanair in the 4th quarter worth approximately $41,000. Finally, Advisors Asset Management Inc. bought a new stake in shares of Ryanair in the 1st quarter worth approximately $50,000. Institutional investors and hedge funds 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.