Ryanair Holdings plc (NASDAQ:RYAAY) Given Consensus Recommendation of “Buy” by Analysts

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) have been given a consensus rating of “Buy” by the four analysts that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $158.50.

Several brokerages recently issued reports on RYAAY. StockNews.com cut Ryanair from a “buy” rating to a “hold” rating in a research note on Friday, January 5th. Raymond James raised their target price on Ryanair from $140.00 to $162.00 and gave the stock a “strong-buy” rating in a research note on Monday, December 18th. Finally, Evercore ISI raised their target price on Ryanair from $145.00 to $155.00 and gave the stock an “in-line” rating in a research note on Thursday, April 4th.

Ryanair Stock Performance

Shares of RYAAY opened at $139.31 on Monday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.00 and a quick ratio of 1.00. Ryanair has a one year low of $87.18 and a one year high of $150.73. The firm has a market capitalization of $31.76 billion, a P/E ratio of 14.35, a PEG ratio of 0.71 and a beta of 1.59. The business has a fifty day moving average of $141.67 and a 200 day moving average of $124.28.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings data on Monday, January 29th. The transportation company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.28). The business had revenue of $2.91 billion during the quarter, compared to the consensus estimate of $2.96 billion. Ryanair had a return on equity of 29.39% and a net margin of 15.64%. As a group, sell-side analysts anticipate that Ryanair will post 9.27 EPS for the current year.

Institutional Investors Weigh In On Ryanair

Several institutional investors have recently bought and sold shares of RYAAY. Assenagon Asset Management S.A. acquired a new position in Ryanair during the fourth quarter worth $3,708,000. Lincoln National Corp acquired a new position in Ryanair during the third quarter worth $320,000. Mercer Global Advisors Inc. ADV lifted its stake in Ryanair by 1,259.4% during the third quarter. Mercer Global Advisors Inc. ADV now owns 27,079 shares of the transportation company’s stock worth $2,632,000 after purchasing an additional 25,087 shares in the last quarter. State Board of Administration of Florida Retirement System acquired a new stake in shares of Ryanair in the third quarter valued at $1,893,000. Finally, Trexquant Investment LP raised its stake in shares of Ryanair by 33.5% in the third quarter. Trexquant Investment LP now owns 49,627 shares of the transportation company’s stock valued at $4,824,000 after acquiring an additional 12,450 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors and hedge funds.

About Ryanair

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.