Ryanair Holdings plc (NASDAQ:RYAAY) Receives Average Rating of “Buy” from Brokerages

Ryanair Holdings plc (NASDAQ:RYAAY) has received an average recommendation of “Buy” from the ten brokerages that are presently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and four have given a strong buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $154.67.

A number of equities analysts have recently issued reports on RYAAY shares. Barclays upgraded shares of Ryanair from an “equal weight” rating to an “overweight” rating in a report on Friday, October 25th. Sanford C. Bernstein reduced their price target on shares of Ryanair from $149.00 to $147.00 and set an “outperform” rating for the company in a research report on Thursday, August 29th. StockNews.com raised Ryanair from a “hold” rating to a “buy” rating in a research note on Thursday, November 14th. Finally, UBS Group upgraded Ryanair from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 11th.

Hedge Funds Weigh In On Ryanair

A number of large investors have recently bought and sold shares of the stock. Gallacher Capital Management LLC lifted its stake in shares of Ryanair by 4.1% in the 2nd quarter. Gallacher Capital Management LLC now owns 3,796 shares of the transportation company’s stock valued at $442,000 after purchasing an additional 150 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. grew its stake in Ryanair by 0.8% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 25,237 shares of the transportation company’s stock worth $2,939,000 after buying an additional 212 shares during the period. Paradigm Asset Management Co. LLC increased its position in shares of Ryanair by 87.5% in the third quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company’s stock worth $34,000 after acquiring an additional 350 shares in the last quarter. Ridgewood Investments LLC purchased a new position in shares of Ryanair in the 2nd quarter valued at $50,000. Finally, Cetera Advisors LLC lifted its holdings in shares of Ryanair by 28.4% during the 1st quarter. Cetera Advisors LLC now owns 1,953 shares of the transportation company’s stock valued at $284,000 after acquiring an additional 432 shares in the last quarter. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Ryanair Stock Down 1.6 %

Ryanair stock opened at $45.91 on Tuesday. The stock has a market capitalization of $24.98 billion, a price-to-earnings ratio of 15.30, a PEG ratio of 2.69 and a beta of 1.51. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.22. The stock has a 50 day moving average of $44.60 and a two-hundred day moving average of $87.66. Ryanair has a twelve month low of $36.96 and a twelve month high of $60.29.

Ryanair (NASDAQ:RYAAY) last released its earnings results on Monday, November 4th. The transportation company reported $2.82 EPS for the quarter, missing the consensus estimate of $2.91 by ($0.09). Ryanair had a return on equity of 19.92% and a net margin of 11.38%. The firm had revenue of $5.57 billion during the quarter, compared to analyst estimates of $5.59 billion. During the same quarter last year, the business posted $2.88 EPS. As a group, research analysts expect that Ryanair will post 2.97 earnings per share for the current year.

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.