Ryanair (NASDAQ:RYAAY) was upgraded by research analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a research report issued on Saturday.
RYAAY has been the topic of a number of other research reports. Zacks Investment Research upgraded Ryanair from a “sell” rating to a “hold” rating in a report on Thursday, January 25th. Credit Suisse Group lowered Ryanair from an “outperform” rating to a “neutral” rating in a report on Monday, December 18th. ValuEngine upgraded Ryanair from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. UBS upgraded Ryanair from a “neutral” rating to a “buy” rating in a report on Thursday, January 11th. Finally, Citigroup assumed coverage on Ryanair in a report on Monday, November 20th. They set a “buy” rating on the stock. Two analysts have rated the stock with a sell rating, three have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $96.00.
Ryanair (NASDAQ RYAAY) opened at $125.00 on Friday. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.77. The firm has a market capitalization of $29,475.25, a price-to-earnings ratio of 18.12, a price-to-earnings-growth ratio of 1.00 and a beta of 0.67. Ryanair has a fifty-two week low of $81.51 and a fifty-two week high of $127.35.
Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Monday, February 5th. The transportation company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.02. The company had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.68 billion. Ryanair had a return on equity of 32.17% and a net margin of 20.99%. equities research analysts forecast that Ryanair will post 7.25 earnings per share for the current fiscal year.
Ryanair declared that its board has approved a stock repurchase program on Monday, February 5th that authorizes the company to buyback outstanding shares. This buyback authorization authorizes the transportation company to buy shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Shine Investment Advisory Services Inc. raised its holdings in shares of Ryanair by 1,715.1% during the 4th quarter. Shine Investment Advisory Services Inc. now owns 962 shares of the transportation company’s stock worth $100,000 after acquiring an additional 909 shares during the period. Cornerstone Advisors Inc. increased its position in shares of Ryanair by 1,350.7% during the 4th quarter. Cornerstone Advisors Inc. now owns 1,088 shares of the transportation company’s stock worth $113,000 after purchasing an additional 1,013 shares during the last quarter. US Bancorp DE increased its position in shares of Ryanair by 168.2% during the 4th quarter. US Bancorp DE now owns 1,172 shares of the transportation company’s stock worth $122,000 after purchasing an additional 735 shares during the last quarter. Assetmark Inc. increased its position in shares of Ryanair by 64.0% during the 4th quarter. Assetmark Inc. now owns 1,322 shares of the transportation company’s stock worth $138,000 after purchasing an additional 516 shares during the last quarter. Finally, Tower Research Capital LLC TRC acquired a new stake in shares of Ryanair during the 4th quarter worth about $148,000. Institutional investors and hedge funds own 42.21% of the company’s stock.
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Ryanair Holdings plc (Ryanair Holdings) is a holding company for Ryanair Limited (Ryanair). Ryanair operates an ultra-low fare, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the United Kingdom, Continental Europe, Morocco and Israel. Ryanair provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food and merchandise.
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