Ryanair Holdings plc (NASDAQ:RYAAY) Given Consensus Rating of “Buy” by Brokerages

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) have been assigned an average recommendation of “Buy” from the ten analysts that are covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating, two have given a buy rating and four have given a strong buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $154.67.

Several analysts have commented on the company. UBS Group upgraded Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday. Citigroup raised shares of Ryanair to a “strong-buy” rating in a research report on Friday, August 2nd. Sanford C. Bernstein decreased their price target on shares of Ryanair from $149.00 to $147.00 and set an “outperform” rating on the stock in a report on Thursday, August 29th. The Goldman Sachs Group upgraded Ryanair to a “strong-buy” rating in a report on Friday, August 9th. Finally, StockNews.com upgraded Ryanair from a “hold” rating to a “buy” rating in a report on Thursday.

Ryanair Trading Up 1.1 %

Shares of Ryanair stock opened at $45.08 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.22. The firm has a market cap of $24.66 billion, a price-to-earnings ratio of 15.03, a price-to-earnings-growth ratio of 2.62 and a beta of 1.54. Ryanair has a 52-week low of $36.96 and a 52-week high of $60.29. The company’s 50-day simple moving average is $67.66 and its 200-day simple moving average is $98.84.

Ryanair (NASDAQ:RYAAY) last issued its earnings results on Monday, November 4th. The transportation company reported $2.82 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.09). The company had revenue of $5.57 billion during 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 last year, the business posted $2.88 earnings per share. As a group, equities research analysts anticipate that Ryanair will post 2.97 earnings per share for the current year.

Hedge Funds Weigh In On Ryanair

Several large investors have recently added to or reduced their stakes in RYAAY. Transcendent Capital Group LLC acquired a new position in Ryanair during the first quarter worth $29,000. EverSource Wealth Advisors LLC increased its position in shares of Ryanair by 256.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 299 shares of the transportation company’s stock worth $41,000 after purchasing an additional 215 shares in the last quarter. Advisors Asset Management Inc. bought a new position in Ryanair during the 1st quarter valued at about $50,000. Ridgewood Investments LLC acquired a new position in Ryanair in the second quarter valued at about $50,000. Finally, Paradigm Asset Management Co. LLC grew its stake in Ryanair by 87.5% during the third quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company’s stock worth $34,000 after buying an additional 350 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.

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.