Ryanair Holdings PLC (NASDAQ:RYAAY) Short Interest Update

Ryanair Holdings PLC (NASDAQ:RYAAY) was the recipient of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 1,973,398 shares, a growth of 47.0% from the January 15th total of 1,342,515 shares. Based on an average daily trading volume, of 1,657,875 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.4% of the shares of the company are short sold. Approximately 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 1,657,875 shares, the days-to-cover ratio is presently 1.2 days.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Citigroup reiterated a “buy” rating on shares of Ryanair in a report on Thursday, October 23rd. Wall Street Zen downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Sunday, January 25th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Ryanair in a research note on Thursday, January 8th. Morgan Stanley reaffirmed an “overweight” rating on shares of Ryanair in a report on Tuesday, January 27th. Finally, Zacks Research raised Ryanair from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $73.50.

Hedge Funds Weigh In On Ryanair

A number of institutional investors and hedge funds have recently bought and sold shares of RYAAY. USA Financial Formulas purchased a new stake in shares of Ryanair in the third quarter valued at about $26,000. CIBC Private Wealth Group LLC increased its holdings in Ryanair by 280.6% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 348 shares during the last quarter. Pin Oak Investment Advisors Inc. raised its position in Ryanair by 76.0% in the third quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 209 shares during the period. UMB Bank n.a. lifted its stake in Ryanair by 1,057.4% during the third quarter. UMB Bank n.a. now owns 544 shares of the transportation company’s stock worth $33,000 after purchasing an additional 497 shares in the last quarter. Finally, Parkside Financial Bank & Trust lifted its stake in Ryanair by 250.9% during the second quarter. Parkside Financial Bank & Trust now owns 593 shares of the transportation company’s stock worth $34,000 after purchasing an additional 424 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Ryanair Stock Up 0.6%

Shares of RYAAY stock opened at $65.49 on Friday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.02. The stock has a 50 day moving average of $70.11 and a 200 day moving average of $65.05. Ryanair has a twelve month low of $38.52 and a twelve month high of $74.24. The stock has a market cap of $34.38 billion, a P/E ratio of 13.15, a P/E/G ratio of 0.62 and a beta of 1.23.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings results on Monday, January 26th. The transportation company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.18 by $0.08. Ryanair had a net margin of 15.04% and a return on equity of 29.76%. The company had revenue of $3.77 billion for the quarter, compared to analyst estimates of $3.16 billion. As a group, sell-side analysts expect that Ryanair will post 3.09 EPS for the current year.

Ryanair Dividend Announcement

The business also recently declared a special dividend, which will be paid on Wednesday, March 4th. Investors of record on Friday, January 16th will be paid a $0.4545 dividend. The ex-dividend date of this dividend is Friday, January 16th. Ryanair’s dividend payout ratio (DPR) is currently 14.26%.

About Ryanair

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.