BidaskClub upgraded shares of Ryanair (NASDAQ:RYAAY) from a hold rating to a buy rating in a research report sent to investors on Monday morning.
A number of other brokerages also recently issued reports on RYAAY. Zacks Investment Research raised Ryanair from a hold rating to a buy rating and set a $137.00 price target for the company in a report on Thursday, March 29th. ValuEngine downgraded Ryanair from a buy rating to a hold rating in a report on Wednesday, May 9th. Deutsche Bank reaffirmed a buy rating on shares of Ryanair in a report on Tuesday, May 22nd. BNP Paribas downgraded Ryanair from an outperform rating to a neutral rating in a report on Thursday, June 7th. Finally, Exane BNP Paribas downgraded Ryanair from an outperform rating to a neutral rating in a report on Thursday, June 7th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of $110.50.
RYAAY stock opened at $116.91 on Monday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.23 and a current ratio of 1.23. Ryanair has a fifty-two week low of $101.10 and a fifty-two week high of $127.61. The company has a market cap of $27.50 billion, a P/E ratio of 16.58 and a beta of 0.64.
Ryanair (NASDAQ:RYAAY) last released its earnings results on Monday, May 21st. The transportation company reported $0.30 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.05. Ryanair had a net margin of 20.13% and a return on equity of 31.73%. The firm had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.56 billion. analysts anticipate that Ryanair will post 7.08 EPS for the current year.
Hedge funds have recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its holdings in shares of Ryanair by 25.2% in the fourth quarter. Goldman Sachs Group Inc. now owns 116,474 shares of the transportation company’s stock valued at $12,135,000 after acquiring an additional 23,471 shares during the period. We Are One Seven LLC acquired a new stake in shares of Ryanair in the fourth quarter valued at approximately $211,000. Deutsche Bank AG boosted its holdings in shares of Ryanair by 754.1% in the fourth quarter. Deutsche Bank AG now owns 259,890 shares of the transportation company’s stock valued at $27,076,000 after acquiring an additional 229,460 shares during the period. Tower Research Capital LLC TRC acquired a new stake in shares of Ryanair during the fourth quarter worth $148,000. Finally, Lazard Asset Management LLC lifted its holdings in shares of Ryanair by 12.6% during the fourth quarter. Lazard Asset Management LLC now owns 2,905,702 shares of the transportation company’s stock worth $302,744,000 after purchasing an additional 325,932 shares during the period. 43.69% of the stock is owned by institutional investors and hedge funds.
Ryanair Company Profile
Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, continental Europe, Morocco, and Israel. It also offers various ancillary services, such as non-flight scheduled services and Internet-related services; and markets accommodation services and travel insurance through its Website, as well as engages in the in-flight sale of beverages, food, and merchandise.
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