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

Shares of Ryanair Holdings PLC (NASDAQ:RYAAY) have received a consensus recommendation of “Buy” from the eight analysts that are covering the company, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $111.50.

A number of analysts recently commented on the stock. Citigroup restated a “buy” rating on shares of Ryanair in a research report on Wednesday, May 21st. Wall Street Zen upgraded Ryanair from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 26th. Oddo Bhf upgraded Ryanair from an “underperform” rating to an “outperform” rating in a report on Wednesday, July 16th. Raymond James Financial reiterated a “strong-buy” rating and set a $76.00 target price (up previously from $70.00) on shares of Ryanair in a report on Wednesday, July 23rd. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Ryanair in a report on Wednesday, May 21st.

Ryanair Stock Performance

RYAAY stock opened at $66.63 on Friday. Ryanair has a twelve month low of $38.52 and a twelve month high of $67.18. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.02. The company has a market cap of $35.33 billion, a P/E ratio of 15.64, a price-to-earnings-growth ratio of 1.10 and a beta of 1.36. The business’s fifty day moving average is $59.65 and its 200-day moving average is $51.88.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings data on Monday, July 21st. The transportation company reported $1.74 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.25. The business had revenue of $5.07 billion during the quarter, compared to the consensus estimate of $4.16 billion. Ryanair had a return on equity of 27.91% and a net margin of 14.42%. Equities research analysts forecast that Ryanair will post 3.09 EPS for the current year.

Ryanair Increases Dividend

The business also recently declared a — dividend, which will be paid on Thursday, September 25th. Investors of record on Friday, August 8th will be given a dividend of $0.534 per share. This is an increase from Ryanair’s previous — dividend of $0.47. This represents a yield of 120.0%. The ex-dividend date of this dividend is Friday, September 12th. Ryanair’s dividend payout ratio (DPR) is currently 14.55%.

Hedge Funds Weigh In On Ryanair

A number of hedge funds have recently added to or reduced their stakes in RYAAY. Price T Rowe Associates Inc. MD bought a new position in Ryanair during the 1st quarter worth $118,071,000. Massachusetts Financial Services Co. MA boosted its stake in Ryanair by 4.4% in the first quarter. Massachusetts Financial Services Co. MA now owns 29,324,514 shares of the transportation company’s stock valued at $1,242,480,000 after buying an additional 1,233,059 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Ryanair by 658.1% in the first quarter. Goldman Sachs Group Inc. now owns 992,245 shares of the transportation company’s stock valued at $42,041,000 after buying an additional 861,361 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Ryanair by 23.8% in the second quarter. JPMorgan Chase & Co. now owns 2,800,393 shares of the transportation company’s stock valued at $161,499,000 after buying an additional 539,256 shares in the last quarter. Finally, Brave Warrior Advisors LLC boosted its stake in Ryanair by 9.8% in the fourth quarter. Brave Warrior Advisors LLC now owns 5,604,258 shares of the transportation company’s stock valued at $244,290,000 after buying an additional 500,239 shares in the last quarter. 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.