Ryanair (RYAAY) Set to Announce Quarterly Earnings on Monday

Ryanair (NASDAQ:RYAAY) will be releasing its earnings data before the market opens on Monday, November 4th. Analysts expect Ryanair to post earnings of $2.91 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Ryanair Stock Up 2.9 %

Shares of RYAAY opened at $45.54 on Friday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.32. The company has a 50-day moving average price of $77.85 and a two-hundred day moving average price of $104.06. The stock has a market cap of $24.91 billion, a price-to-earnings ratio of 14.86, a P/E/G ratio of 2.60 and a beta of 1.54. Ryanair has a 12 month low of $36.93 and a 12 month high of $60.29.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Citigroup upgraded shares of Ryanair to a “strong-buy” rating in a research report on Friday, August 2nd. Barclays raised Ryanair from an “equal weight” rating to an “overweight” rating in a report on Friday, October 25th. Sanford C. Bernstein reduced their price objective on shares of Ryanair from $149.00 to $147.00 and set an “outperform” rating on the stock in a research note on Thursday, August 29th. HSBC cut shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Friday, July 12th. Finally, The Goldman Sachs Group raised Ryanair to a “strong-buy” rating in a research note on Friday, August 9th. Six investment analysts have rated the stock with a hold rating, two have issued a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Ryanair presently has an average rating of “Moderate Buy” and an average price target of $154.67.

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.