Ryanair Holdings plc (NASDAQ:RYAAY) Given Average Rating of “Buy” by Analysts

Ryanair Holdings plc (NASDAQ:RYAAY) has earned a consensus recommendation of “Buy” from the ten brokerages that are currently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold rating, two have issued a buy rating and four have issued a strong buy rating on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $154.67.

Several brokerages have recently weighed in on RYAAY. Barclays upgraded Ryanair from an “equal weight” rating to an “overweight” rating in a research note on Friday, October 25th. StockNews.com upgraded Ryanair from a “hold” rating to a “buy” rating in a research note on Thursday, November 14th. Sanford C. Bernstein dropped their price objective on Ryanair from $149.00 to $147.00 and set an “outperform” rating on the stock in a report on Thursday, August 29th. Finally, UBS Group upgraded Ryanair from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th.

Institutional Investors Weigh In On Ryanair

A number of institutional investors have recently made changes to their positions in RYAAY. Cetera Advisors LLC boosted its holdings in shares of Ryanair by 28.4% in the 1st quarter. Cetera Advisors LLC now owns 1,953 shares of the transportation company’s stock valued at $284,000 after buying an additional 432 shares during the period. Blue Trust Inc. grew its holdings in shares of Ryanair by 66.1% during the second quarter. Blue Trust Inc. now owns 1,596 shares of the transportation company’s stock valued at $186,000 after purchasing an additional 635 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. raised its position in shares of Ryanair by 0.8% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 25,237 shares of the transportation company’s stock worth $2,939,000 after purchasing an additional 212 shares during the period. Metropolis Capital Ltd lifted its holdings in shares of Ryanair by 33.3% in the 2nd quarter. Metropolis Capital Ltd now owns 1,444,041 shares of the transportation company’s stock worth $168,144,000 after purchasing an additional 360,917 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC bought a new stake in shares of Ryanair in the 2nd quarter worth approximately $229,000. 43.66% of the stock is currently owned by institutional investors.

Ryanair Stock Performance

Ryanair stock opened at $45.91 on Tuesday. The firm has a market capitalization of $24.98 billion, a PE ratio of 15.30, a price-to-earnings-growth ratio of 2.69 and a beta of 1.51. Ryanair has a one year low of $36.96 and a one year high of $60.29. The stock’s 50 day moving average price is $44.60 and its 200 day moving average price is $87.66. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.81 and a current ratio of 0.81.

Ryanair (NASDAQ:RYAAY) last posted its earnings results on Monday, November 4th. The transportation company reported $2.82 EPS 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 analyst estimates of $5.59 billion. Ryanair had a return on equity of 19.92% and a net margin of 11.38%. During the same period in the previous year, the firm posted $2.88 earnings per share. As a group, sell-side analysts expect that Ryanair will post 2.97 EPS 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, 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.