Shares of Ryanair Holdings plc (NASDAQ:RYAAY) have been assigned an average recommendation of “Hold” from the thirteen ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $83.00.
A number of research firms have recently weighed in on RYAAY. Zacks Investment Research raised Ryanair from a “strong sell” rating to a “buy” rating and set a $83.00 price objective for the company in a research report on Tuesday. BidaskClub cut Ryanair from a “buy” rating to a “hold” rating in a research report on Tuesday. Macquarie started coverage on Ryanair in a research report on Tuesday, November 27th. They issued an “underperform” rating for the company. TheStreet lowered Ryanair from a “b-” rating to a “c+” rating in a research note on Thursday, November 15th. Finally, ValuEngine upgraded Ryanair from a “strong sell” rating to a “sell” rating in a research note on Tuesday, October 16th.
A number of hedge funds have recently modified their holdings of the stock. Marshall Wace LLP acquired a new stake in shares of Ryanair during the 3rd quarter valued at about $1,638,000. Advisors Asset Management Inc. grew its position in shares of Ryanair by 10.9% during the 3rd quarter. Advisors Asset Management Inc. now owns 8,440 shares of the transportation company’s stock valued at $811,000 after acquiring an additional 832 shares during the period. Castleark Management LLC grew its position in shares of Ryanair by 100.0% during the 3rd quarter. Castleark Management LLC now owns 20,420 shares of the transportation company’s stock valued at $1,961,000 after acquiring an additional 10,210 shares during the period. Deutsche Bank AG grew its position in shares of Ryanair by 1,799.1% during the 3rd quarter. Deutsche Bank AG now owns 142,372 shares of the transportation company’s stock valued at $13,671,000 after acquiring an additional 134,875 shares during the period. Finally, Capital International Sarl grew its position in shares of Ryanair by 2.6% during the 3rd quarter. Capital International Sarl now owns 79,950 shares of the transportation company’s stock valued at $7,678,000 after acquiring an additional 2,000 shares during the period. Institutional investors own 43.58% of the company’s stock.
Shares of Ryanair stock traded down $0.09 during trading on Thursday, reaching $74.00. The company’s stock had a trading volume of 503,081 shares, compared to its average volume of 417,323. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.25 and a quick ratio of 1.25. The stock has a market capitalization of $17.70 billion, a price-to-earnings ratio of 10.50 and a beta of 0.76. Ryanair has a 1-year low of $73.41 and a 1-year high of $127.61.
Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings data on Monday, October 22nd. The transportation company reported $4.42 earnings per share for the quarter, missing the Zacks’ consensus estimate of $4.62 by ($0.20). The business had revenue of $3.21 billion during the quarter, compared to analyst estimates of $3.22 billion. Ryanair had a return on equity of 27.63% and a net margin of 17.13%. On average, equities research analysts anticipate that Ryanair will post 5.7 earnings per share for the current fiscal year.
Ryanair Company Profile
Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, and Other European countries. The company is also involved in the provision of various ancillary services, such as non-flight scheduled services and Internet-related services; in-flight sale of beverages, food, and merchandise; and marketing accommodation services, holidays, car hire, and travel insurance through its Website.
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