Ryanair (NASDAQ:RYAAY) Stock Rating Upgraded by UBS Group

UBS Group upgraded shares of Ryanair (NASDAQ:RYAAY) from a hold rating to a strong-buy rating in a research note published on Monday morning,Zacks.com reports.

RYAAY has been the topic of several other reports. Citigroup upgraded Ryanair to a “strong-buy” rating in a research note on Friday, August 2nd. Barclays upgraded Ryanair from an “equal weight” rating to an “overweight” rating in a research note on Friday, October 25th. The Goldman Sachs Group upgraded shares of Ryanair to a “strong-buy” rating in a research note on Friday, August 9th. StockNews.com raised shares of Ryanair from a “hold” rating to a “buy” rating in a report on Tuesday, November 5th. Finally, Sanford C. Bernstein lowered their price target on shares of Ryanair from $149.00 to $147.00 and set an “outperform” rating for the company in a report on Thursday, August 29th. Four investment analysts have rated the stock with a hold rating, three have given a buy rating and four have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Ryanair has an average rating of “Buy” and an average price target of $154.67.

Ryanair Stock Performance

NASDAQ RYAAY opened at $45.08 on Monday. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.81 and a quick ratio of 0.81. The company has a market cap of $24.66 billion, a P/E ratio of 15.03, a P/E/G ratio of 2.62 and a beta of 1.54. The stock has a 50-day moving average of $67.66 and a two-hundred day moving average of $98.84. Ryanair has a 1-year low of $36.96 and a 1-year high of $60.29.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Monday, November 4th. The transportation company reported $2.82 earnings per share for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.09). The business had revenue of $5.57 billion during the quarter, compared to analyst estimates of $5.59 billion. Ryanair had a net margin of 11.38% and a return on equity of 19.92%. During the same quarter last year, the firm posted $2.88 EPS. As a group, analysts anticipate that Ryanair will post 2.97 EPS for the current year.

Institutional Trading of Ryanair

A number of large investors have recently made changes to their positions in the company. Transcendent Capital Group LLC purchased a new stake in Ryanair in the first quarter valued at approximately $29,000. Paradigm Asset Management Co. LLC grew its position in shares of 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 acquiring an additional 350 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Ryanair by 261.5% in the 3rd quarter. GAMMA Investing LLC now owns 893 shares of the transportation company’s stock valued at $40,000 after acquiring an additional 646 shares during the period. Signaturefd LLC raised its position in Ryanair by 153.1% in the 3rd quarter. Signaturefd LLC now owns 891 shares of the transportation company’s stock valued at $40,000 after purchasing an additional 539 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in 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 during the period. 43.66% of the stock is owned by institutional investors and hedge funds.

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.