Analysts Set Ryanair Holdings plc (NASDAQ:RYAAY) PT at $151.00

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) have been assigned an average recommendation of “Moderate Buy” from the nine ratings firms that are covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold rating, two have given a buy rating and three have issued a strong buy rating on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $151.00.

Separately, StockNews.com lowered shares of Ryanair from a “buy” rating to a “hold” rating in a report on Thursday, February 6th.

Ryanair Stock Performance

NASDAQ RYAAY opened at $46.18 on Thursday. The company’s 50 day simple moving average is $45.96 and its two-hundred day simple moving average is $53.53. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.86 and a quick ratio of 0.86. Ryanair has a 1 year low of $36.96 and a 1 year high of $60.29. The stock has a market capitalization of $24.63 billion, a PE ratio of 14.16, a P/E/G ratio of 2.01 and a beta of 1.46.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings data on Monday, February 3rd. The transportation company reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. Analysts predict that Ryanair will post 3.09 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Ryanair

Large investors have recently added to or reduced their stakes in the business. Natixis Advisors LLC increased its stake in Ryanair by 12.4% in the 3rd quarter. Natixis Advisors LLC now owns 393,030 shares of the transportation company’s stock worth $17,757,000 after purchasing an additional 43,449 shares during the period. Charles Schwab Investment Management Inc. bought a new position in shares of Ryanair in the third quarter worth approximately $4,067,000. Primecap Management Co. CA increased its stake in shares of Ryanair by 148.5% in the third quarter. Primecap Management Co. CA now owns 1,068,250 shares of the transportation company’s stock worth $48,264,000 after buying an additional 638,350 shares during the period. Stifel Financial Corp increased its stake in shares of Ryanair by 146.8% in the third quarter. Stifel Financial Corp now owns 51,656 shares of the transportation company’s stock worth $2,334,000 after buying an additional 30,723 shares during the period. Finally, Geode Capital Management LLC raised its holdings in Ryanair by 171.6% during the 3rd quarter. Geode Capital Management LLC now owns 656,244 shares of the transportation company’s stock valued at $29,649,000 after buying an additional 414,595 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.