Ryanair Holdings plc (NASDAQ:RYAAY) has received an average rating of “Hold” from the sixteen brokerages that are covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $78.00.
A number of analysts have issued reports on RYAAY shares. Deutsche Bank raised Ryanair from a “hold” rating to a “buy” rating in a research note on Friday, June 7th. Canaccord Genuity downgraded Ryanair from a “buy” rating to a “hold” rating in a research note on Wednesday, June 5th. BidaskClub raised Ryanair from a “sell” rating to a “hold” rating in a research note on Tuesday, April 16th. HSBC downgraded Ryanair from a “buy” rating to a “hold” rating and set a $73.00 target price for the company. in a research note on Tuesday, April 2nd. Finally, JPMorgan Chase & Co. downgraded Ryanair from an “overweight” rating to a “neutral” rating in a research note on Tuesday, May 21st.
Shares of NASDAQ:RYAAY traded up $0.29 during midday trading on Monday, reaching $64.14. 844,768 shares of the company’s stock traded hands, compared to its average volume of 1,034,269. Ryanair has a 1 year low of $60.83 and a 1 year high of $118.76. The stock has a market cap of $15.02 billion, a P/E ratio of 12.48 and a beta of 0.85. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.93 and a current ratio of 0.93. The company has a fifty day simple moving average of $66.65.
Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Monday, May 20th. The transportation company reported ($0.74) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.64) by ($0.10). The firm had revenue of $1.45 billion during the quarter. Ryanair had a net margin of 11.69% and a return on equity of 20.34%. On average, sell-side analysts forecast that Ryanair will post 4.55 earnings per share for the current fiscal year.
Institutional investors have recently made changes to their positions in the stock. GYL Financial Synergies LLC purchased a new stake in Ryanair during the first quarter worth approximately $224,000. Diversified Trust Co increased its position in Ryanair by 17.9% during the first quarter. Diversified Trust Co now owns 24,399 shares of the transportation company’s stock worth $1,828,000 after buying an additional 3,697 shares during the period. First Pacific Advisors LP increased its position in Ryanair by 9.3% during the first quarter. First Pacific Advisors LP now owns 78,303 shares of the transportation company’s stock worth $5,868,000 after buying an additional 6,690 shares during the period. Marshall Wace LLP acquired a new position in Ryanair during the first quarter worth approximately $40,951,000. Finally, Caisse DE Depot ET Placement DU Quebec increased its position in Ryanair by 10.5% during the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,718,570 shares of the transportation company’s stock worth $128,790,000 after buying an additional 163,800 shares during the period. Institutional investors own 43.06% of the company’s stock.
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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