Ryanair Holdings plc (NASDAQ:RYAAY) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) have been assigned an average recommendation of “Moderate Buy” from the nine brokerages that are currently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation, two have given a buy recommendation and three have given a strong buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $151.00.

Separately, StockNews.com downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th.

Institutional Trading of Ryanair

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Sumitomo Mitsui Trust Group Inc. raised its position in Ryanair by 9.7% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 27,681 shares of the transportation company’s stock valued at $1,251,000 after acquiring an additional 2,444 shares in the last quarter. OneDigital Investment Advisors LLC increased its holdings in shares of Ryanair by 155.7% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 7,105 shares of the transportation company’s stock valued at $321,000 after purchasing an additional 4,326 shares in the last quarter. Natixis Advisors LLC lifted its stake in shares of Ryanair by 12.4% in the 3rd quarter. Natixis Advisors LLC now owns 393,030 shares of the transportation company’s stock valued at $17,757,000 after purchasing an additional 43,449 shares during the period. Pathstone Holdings LLC boosted its holdings in Ryanair by 36.5% during the third quarter. Pathstone Holdings LLC now owns 38,861 shares of the transportation company’s stock worth $1,756,000 after buying an additional 10,397 shares in the last quarter. Finally, Chou Associates Management Inc. grew its position in Ryanair by 150.0% during the third quarter. Chou Associates Management Inc. now owns 5,937 shares of the transportation company’s stock valued at $268,000 after buying an additional 3,562 shares during the period. Institutional investors and hedge funds own 43.66% of the company’s stock.

Ryanair Stock Performance

Shares of RYAAY stock opened at $47.23 on Thursday. Ryanair has a 12-month low of $36.96 and a 12-month high of $60.29. The business’s fifty day simple moving average is $45.84 and its 200-day simple moving average is $54.44. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. The company has a market cap of $25.19 billion, a PE ratio of 14.48, a PEG ratio of 2.01 and a beta of 1.46.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Monday, February 3rd. The transportation company reported $0.29 EPS for the quarter, beating 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%. Analysts expect that Ryanair will post 3.09 earnings per share for the current fiscal year.

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.