Ryanair (RYAAY) Expected to Release Earnings on Monday

Ryanair (NASDAQ:RYAAY) is expected to be issuing its results before the market opens on Monday, July 20th. Analysts expect Ryanair to post earnings of $1.37 per share and revenue of $5.0640 billion for the quarter.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings data on Tuesday, May 19th. The transportation company reported ($0.86) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.95) by $0.09. Ryanair had a return on equity of 25.58% and a net margin of 13.95%.The company had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $3.08 billion. On average, analysts expect Ryanair to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Ryanair Price Performance

Ryanair stock opened at $62.57 on Friday. The stock’s 50 day moving average is $60.84 and its 200-day moving average is $63.11. The company has a market capitalization of $32.56 billion, a price-to-earnings ratio of 13.28, a PEG ratio of 1.70 and a beta of 1.15. Ryanair has a 12 month low of $53.14 and a 12 month high of $74.24. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.01.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Royal Bank Of Canada reissued an “outperform” rating on shares of Ryanair in a report on Tuesday, May 19th. Citigroup reaffirmed a “buy” rating on shares of Ryanair in a research report on Wednesday, July 1st. Sanford C. Bernstein set a $79.00 price objective on shares of Ryanair in a research note on Monday, July 6th. Zacks Research downgraded shares of Ryanair from a “hold” rating to a “strong sell” rating in a report on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Ryanair in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Ryanair has an average rating of “Moderate Buy” and a consensus target price of $78.33.

Insider Activity at Ryanair

In related news, insider John Jh Hurley sold 15,000 shares of the firm’s stock in a transaction on Friday, June 26th. The stock was sold at an average price of $31.24, for a total value of $468,600.00. Following the transaction, the insider owned 76,025 shares in the company, valued at approximately $2,375,021. This trade represents a 16.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Darrell Thomas Hughes sold 8,197 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $26.01, for a total transaction of $213,203.97. Following the completion of the transaction, the insider owned 37,362 shares of the company’s stock, valued at $971,785.62. The trade was a 17.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 126,607 shares of company stock worth $3,386,997 in the last quarter.

Institutional Trading of Ryanair

Several large investors have recently bought and sold shares of RYAAY. Rossby Financial LCC acquired a new stake in shares of Ryanair in the 4th quarter valued at approximately $149,000. Parallel Advisors LLC grew its holdings in Ryanair by 5,861.8% during the 4th quarter. Parallel Advisors LLC now owns 2,027 shares of the transportation company’s stock worth $146,000 after acquiring an additional 1,993 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Ryanair by 88.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 813 shares of the transportation company’s stock worth $59,000 after acquiring an additional 381 shares during the last quarter. Advisory Services Network LLC acquired a new position in Ryanair in the 3rd quarter valued at approximately $77,000. Finally, Quadrant Capital Group LLC acquired a new position in Ryanair in the 3rd quarter valued at approximately $77,000. 43.66% of the stock is owned by institutional investors and hedge funds.

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.