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

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) have earned a consensus rating of “Moderate Buy” from the ten analysts that are covering the firm, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and three have assigned a strong buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $154.67.

RYAAY has been the subject of several research analyst reports. Hsbc Global Res raised Ryanair to a “hold” rating in a research report on Friday, July 12th. The Goldman Sachs Group raised shares of Ryanair to a “strong-buy” rating in a research report on Friday, August 9th. Citigroup raised shares of Ryanair to a “strong-buy” rating in a research report on Friday, August 2nd. HSBC cut shares of Ryanair from a “buy” rating to a “hold” rating in a report on Friday, July 12th. Finally, Sanford C. Bernstein reduced their price objective on Ryanair from $149.00 to $147.00 and set an “outperform” rating for the company in a report on Thursday, August 29th.

Institutional Trading of Ryanair

Institutional investors and hedge funds have recently made changes to their positions in the stock. Mackenzie Financial Corp raised its holdings in shares of Ryanair by 826.7% during the 2nd quarter. Mackenzie Financial Corp now owns 621,773 shares of the transportation company’s stock valued at $72,399,000 after buying an additional 554,680 shares in the last quarter. Scientech Research LLC grew its position in Ryanair by 306.5% during the second quarter. Scientech Research LLC now owns 7,260 shares of the transportation company’s stock valued at $845,000 after acquiring an additional 5,474 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of Ryanair by 27.1% during the second quarter. The Manufacturers Life Insurance Company now owns 322,074 shares of the transportation company’s stock worth $37,502,000 after acquiring an additional 68,635 shares in the last quarter. Sprucegrove Investment Management Ltd. lifted its holdings in shares of Ryanair by 13.2% in the 2nd quarter. Sprucegrove Investment Management Ltd. now owns 3,168,162 shares of the transportation company’s stock worth $368,901,000 after acquiring an additional 368,800 shares during the last quarter. Finally, Artemis Investment Management LLP boosted its stake in shares of Ryanair by 7.3% in the 1st quarter. Artemis Investment Management LLP now owns 477,084 shares of the transportation company’s stock valued at $69,422,000 after purchasing an additional 32,511 shares in the last quarter. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Ryanair Stock Performance

Shares of RYAAY opened at $45.43 on Monday. The firm has a market capitalization of $10.26 billion, a P/E ratio of 4.98, a P/E/G ratio of 2.55 and a beta of 1.54. Ryanair has a 52 week low of $34.87 and a 52 week high of $60.29. The stock has a 50 day moving average price of $89.37 and a two-hundred day moving average price of $110.71. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.93 and a current ratio of 0.93.

Ryanair (NASDAQ:RYAAY) last announced its earnings results on Monday, July 22nd. The transportation company reported $1.69 EPS for the quarter, missing the consensus estimate of $2.89 by ($1.20). Ryanair had a net margin of 12.07% and a return on equity of 20.43%. The firm had revenue of $3.90 billion during the quarter, compared to analysts’ expectations of $4.32 billion. Equities analysts forecast that Ryanair will post 2.97 earnings per share for the current fiscal year.

Ryanair Cuts Dividend

The firm also recently disclosed a Variable dividend, which was paid on Thursday, September 26th. Stockholders of record on Friday, August 9th were issued a dividend of $0.692 per share. This represents a dividend yield of 1.8%. The ex-dividend date was Friday, September 13th. Ryanair’s payout ratio is 11.29%.

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.