Ryanair Holdings PLC (NASDAQ:RYAAY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Ryanair Holdings PLC (NASDAQ:RYAAY) have been given a consensus recommendation of “Moderate Buy” by the ten brokerages that are presently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $76.00.

A number of equities analysts have weighed in on the company. Royal Bank Of Canada reissued an “outperform” rating on shares of Ryanair in a research note on Tuesday, November 4th. Weiss Ratings reissued a “buy (b-)” rating on shares of Ryanair in a research report on Monday, November 17th. Citigroup reaffirmed a “buy” rating on shares of Ryanair in a research note on Thursday, October 23rd. Sanford C. Bernstein lowered shares of Ryanair from an “outperform” rating to a “market perform” rating in a report on Tuesday, November 4th. Finally, The Goldman Sachs Group cut shares of Ryanair from a “buy” rating to a “neutral” rating in a research note on Monday, September 8th.

Institutional Investors Weigh In On Ryanair

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Blue Trust Inc. grew its holdings in shares of Ryanair by 3.8% during the 3rd quarter. Blue Trust Inc. now owns 5,043 shares of the transportation company’s stock worth $304,000 after purchasing an additional 186 shares during the period. Evelyn Partners Investment Management Services Ltd boosted its stake in Ryanair by 40.4% during the second quarter. Evelyn Partners Investment Management Services Ltd now owns 702 shares of the transportation company’s stock worth $44,000 after buying an additional 202 shares during the period. Avantax Advisory Services Inc. increased its position in shares of Ryanair by 2.6% during the first quarter. Avantax Advisory Services Inc. now owns 8,094 shares of the transportation company’s stock valued at $343,000 after acquiring an additional 206 shares during the last quarter. Pin Oak Investment Advisors Inc. raised its stake in shares of Ryanair by 76.0% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock valued at $29,000 after acquiring an additional 209 shares during the period. Finally, Benjamin Edwards Inc. lifted its holdings in shares of Ryanair by 3.9% in the 2nd quarter. Benjamin Edwards Inc. now owns 5,834 shares of the transportation company’s stock worth $336,000 after acquiring an additional 217 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.

Ryanair Stock Up 4.5%

Shares of NASDAQ RYAAY opened at $64.90 on Tuesday. The stock has a market cap of $34.15 billion, a PE ratio of 15.23, a P/E/G ratio of 0.66 and a beta of 1.39. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.02. Ryanair has a 12-month low of $38.52 and a 12-month high of $67.18. The company has a 50-day moving average of $60.95 and a 200 day moving average of $59.71.

Ryanair (NASDAQ:RYAAY) last issued its earnings results on Monday, November 3rd. The transportation company reported $3.76 earnings per share for the quarter, topping the consensus estimate of $3.62 by $0.14. The business had revenue of $6.32 billion for the quarter, compared to analysts’ expectations of $5.44 billion. Ryanair had a return on equity of 27.91% and a net margin of 14.42%. As a group, sell-side analysts predict that Ryanair will post 3.09 EPS for the current fiscal 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.