Analysts Set Ryanair Holdings plc (NASDAQ:RYAAY) Price Target at $154.67

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) have earned a consensus recommendation of “Buy” from the ten ratings firms that are presently covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation, two have given a buy recommendation and four have given a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $154.67.

RYAAY has been the topic of several recent research reports. StockNews.com upgraded Ryanair from a “hold” rating to a “buy” rating in a research report on Thursday. Sanford C. Bernstein cut their price objective on Ryanair from $149.00 to $147.00 and set an “outperform” rating on the stock in a research report on Thursday, August 29th. UBS Group upgraded Ryanair from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 11th. Citigroup upgraded Ryanair to a “strong-buy” rating in a research report on Friday, August 2nd. Finally, The Goldman Sachs Group upgraded Ryanair to a “strong-buy” rating in a research report on Friday, August 9th.

Ryanair Stock Performance

Shares of NASDAQ RYAAY opened at $44.87 on Friday. The stock has a market cap of $24.55 billion, a price-to-earnings ratio of 14.96, a P/E/G ratio of 2.59 and a beta of 1.54. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.22. Ryanair has a 1-year low of $36.96 and a 1-year high of $60.29. The stock’s 50-day moving average is $64.95 and its 200 day moving average is $97.26.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Monday, November 4th. The transportation company reported $2.82 earnings per share for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.09). The firm had revenue of $5.57 billion for the quarter, compared to analysts’ expectations of $5.59 billion. Ryanair had a net margin of 11.38% and a return on equity of 19.92%. During the same period in the prior year, the business posted $2.88 earnings per share. On average, sell-side analysts anticipate that Ryanair will post 2.97 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of RYAAY. Gallacher Capital Management LLC increased its position in Ryanair by 4.1% during the second quarter. Gallacher Capital Management LLC now owns 3,796 shares of the transportation company’s stock valued at $442,000 after acquiring an additional 150 shares during the last quarter. Transcendent Capital Group LLC purchased a new stake in Ryanair during the first quarter valued at $29,000. Sumitomo Mitsui Trust Holdings Inc. increased its position in Ryanair by 0.8% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 25,237 shares of the transportation company’s stock valued at $2,939,000 after acquiring an additional 212 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in Ryanair by 256.0% during the first quarter. EverSource Wealth Advisors LLC now owns 299 shares of the transportation company’s stock valued at $41,000 after acquiring an additional 215 shares during the last quarter. Finally, Catalytic Wealth RIA LLC increased its position in Ryanair by 15.3% during the first quarter. Catalytic Wealth RIA LLC now owns 2,005 shares of the transportation company’s stock valued at $292,000 after acquiring an additional 266 shares during the last quarter. Hedge funds and other institutional investors own 43.66% of the company’s stock.

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.