Ryanair (NASDAQ:RYAAY) Hits New 1-Year High at $146.93

Ryanair Holdings plc (NASDAQ:RYAAY)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $146.93 and last traded at $146.68, with a volume of 219022 shares. The stock had previously closed at $145.70.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. StockNews.com downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a report on Friday, January 5th. Raymond James boosted their price objective on shares of Ryanair from $140.00 to $162.00 and gave the stock a “strong-buy” rating in a research note on Monday, December 18th. TheStreet upgraded shares of Ryanair from a “c” rating to a “b” rating in a research note on Friday, December 1st. Finally, Evercore ISI lowered Ryanair from an “outperform” rating to an “in-line” rating and set a $140.00 price objective for the company. in a report on Tuesday, January 2nd. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $151.00.

Ryanair Trading Down 0.3 %

The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.32. The firm has a market cap of $33.19 billion, a PE ratio of 14.99, a price-to-earnings-growth ratio of 0.94 and a beta of 1.58. The company has a 50-day simple moving average of $138.30 and a 200 day simple moving average of $120.25.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings results on Monday, January 29th. The transportation company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.28). Ryanair had a return on equity of 29.39% and a net margin of 15.64%. The firm had revenue of $2.91 billion during the quarter, compared to analyst estimates of $2.96 billion. As a group, sell-side analysts forecast that Ryanair Holdings plc will post 9.28 earnings per share for the current fiscal year.

Institutional Trading of Ryanair

Large investors have recently bought and sold shares of the business. Bruce G. Allen Investments LLC acquired a new position in shares of Ryanair during the fourth quarter worth about $31,000. Advisors Preferred LLC bought a new position in Ryanair during the 4th quarter worth $31,000. Cornerstone Planning Group LLC increased its position in Ryanair by 1,523.5% in the third quarter. Cornerstone Planning Group LLC now owns 276 shares of the transportation company’s stock worth $27,000 after buying an additional 259 shares during the period. Principal Securities Inc. acquired a new position in shares of Ryanair during the fourth quarter valued at $41,000. Finally, Tucker Asset Management LLC bought a new position in shares of Ryanair during the third quarter worth about $39,000. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Ryanair Company Profile

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.