Ryanair (NASDAQ:RYAAY) Cut to “Hold” at StockNews.com

Ryanair (NASDAQ:RYAAY) was downgraded by investment analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Thursday.

RYAAY has been the subject of a number of other reports. UBS Group raised shares of Ryanair from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th. Barclays upgraded Ryanair from an “equal weight” rating to an “overweight” rating in a report on Friday, October 25th. Five equities research analysts have rated the stock with a hold rating, two have issued a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, Ryanair currently has a consensus rating of “Moderate Buy” and a consensus price target of $151.00.

Ryanair Stock Performance

Shares of RYAAY stock opened at $46.01 on Thursday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 0.86. The stock has a market cap of $24.87 billion, a PE ratio of 14.10, a P/E/G ratio of 2.09 and a beta of 1.50. Ryanair has a 1 year low of $36.96 and a 1 year high of $60.29. The stock has a fifty day moving average price of $44.69 and a 200 day moving average price of $65.91.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings data on Monday, February 3rd. The transportation company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.09 by $0.20. Ryanair had a net margin of 12.14% and a return on equity of 21.46%. Sell-side analysts forecast that Ryanair will post 3.05 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of RYAAY. Massachusetts Financial Services Co. MA boosted its position in shares of Ryanair by 188.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 27,263,436 shares of the transportation company’s stock worth $1,231,762,000 after acquiring an additional 17,810,361 shares during the last quarter. Baillie Gifford & Co. raised its stake in Ryanair by 175.7% during the third quarter. Baillie Gifford & Co. now owns 23,548,902 shares of the transportation company’s stock worth $1,063,939,000 after purchasing an additional 15,008,023 shares during the period. FMR LLC boosted its holdings in shares of Ryanair by 35.3% in the 3rd quarter. FMR LLC now owns 8,734,646 shares of the transportation company’s stock valued at $394,631,000 after purchasing an additional 2,279,679 shares during the last quarter. Janus Henderson Group PLC grew its stake in shares of Ryanair by 169.7% during the 3rd quarter. Janus Henderson Group PLC now owns 6,305,368 shares of the transportation company’s stock valued at $284,893,000 after buying an additional 3,967,436 shares during the period. Finally, Metropolis Capital Ltd increased its holdings in shares of Ryanair by 14.7% during the 4th quarter. Metropolis Capital Ltd now owns 4,593,130 shares of the transportation company’s stock worth $200,215,000 after buying an additional 587,023 shares during the last quarter. 43.66% of the stock is currently owned by institutional investors and hedge funds.

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.