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

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) have been assigned a consensus rating of “Moderate Buy” from the nine ratings firms that are covering the company, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and three have issued a strong buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $151.00.

Several equities analysts recently weighed in on the stock. StockNews.com lowered shares of Ryanair from a “buy” rating to a “hold” rating in a report on Tuesday. UBS Group upgraded Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. Finally, Barclays raised Ryanair from an “equal weight” rating to an “overweight” rating in a research note on Friday, October 25th.

Institutional Investors Weigh In On Ryanair

Several hedge funds have recently modified their holdings of RYAAY. Coronation Fund Managers Ltd. grew its stake in shares of Ryanair by 21.0% in the fourth quarter. Coronation Fund Managers Ltd. now owns 730,732 shares of the transportation company’s stock worth $31,853,000 after purchasing an additional 126,618 shares during the last quarter. Wilmington Savings Fund Society FSB grew its position in shares of Ryanair by 8.3% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 3,369 shares of the transportation company’s stock valued at $147,000 after buying an additional 259 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Ryanair by 172.2% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 75,354 shares of the transportation company’s stock valued at $3,285,000 after buying an additional 47,673 shares during the period. Bleakley Financial Group LLC raised its position in shares of Ryanair by 2.6% during the fourth quarter. Bleakley Financial Group LLC now owns 23,061 shares of the transportation company’s stock worth $1,005,000 after acquiring an additional 585 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Ryanair by 148.0% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 32,371 shares of the transportation company’s stock worth $1,422,000 after acquiring an additional 19,320 shares during the period. Institutional investors and hedge funds own 43.66% of the company’s stock.

Ryanair Trading Up 2.6 %

RYAAY stock opened at $47.42 on Wednesday. The business has a fifty day moving average price of $44.16 and a 200 day moving average price of $69.18. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.81 and a quick ratio of 0.81. Ryanair has a fifty-two week low of $36.96 and a fifty-two week high of $60.29. The stock has a market capitalization of $25.63 billion, a price-to-earnings ratio of 15.81, a P/E/G ratio of 1.97 and a beta of 1.50.

Ryanair (NASDAQ:RYAAY) last announced its earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.20. Ryanair had a net margin of 11.38% and a return on equity of 19.92%. Analysts expect that Ryanair will post 2.96 EPS for the current fiscal year.

Ryanair Announces Dividend

The business also recently announced a — dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, January 17th will be issued a $0.4677 dividend. The ex-dividend date of this dividend is Friday, January 17th. This represents a dividend yield of 4.2%. Ryanair’s dividend payout ratio (DPR) is currently 33.33%.

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.