ValuEngine upgraded shares of Ryanair (NASDAQ:RYAAY) from a strong sell rating to a sell rating in a research report report published on Tuesday morning.

Several other equities research analysts have also weighed in on the company. BidaskClub lowered Ryanair from a sell rating to a strong sell rating in a report on Thursday, September 13th. Royal Bank of Canada restated a buy rating on shares of Ryanair in a report on Thursday, August 16th. UBS Group restated a buy rating on shares of Ryanair in a report on Wednesday, August 15th. Finally, Raymond James lowered Ryanair from an outperform rating to a market perform rating in a report on Thursday, August 9th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. Ryanair currently has a consensus rating of Hold and an average price target of $138.00.

RYAAY traded up $0.36 on Tuesday, hitting $81.57. The company had a trading volume of 11,340 shares, compared to its average volume of 654,109. Ryanair has a 1-year low of $77.96 and a 1-year high of $127.61. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.12 and a current ratio of 1.12. The firm has a market cap of $19.02 billion, a P/E ratio of 11.52 and a beta of 0.55.

Ryanair (NASDAQ:RYAAY) last posted its earnings results on Monday, July 23rd. The transportation company reported $1.62 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.55 by $0.07. Ryanair had a return on equity of 29.19% and a net margin of 18.47%. The firm had revenue of $2.48 billion during the quarter, compared to analyst estimates of $2.41 billion. As a group, analysts anticipate that Ryanair will post 5.65 earnings per share for the current fiscal year.

Hedge funds have recently modified their holdings of the company. Voya Investment Management LLC lifted its holdings in shares of Ryanair by 35.2% during the second quarter. Voya Investment Management LLC now owns 2,975 shares of the transportation company’s stock worth $340,000 after buying an additional 775 shares during the last quarter. CIBC World Markets Inc. acquired a new position in shares of Ryanair during the first quarter worth approximately $350,000. Jane Street Group LLC acquired a new position in shares of Ryanair during the second quarter worth approximately $371,000. Lucia Wealth Services LLC acquired a new position in shares of Ryanair during the second quarter worth approximately $408,000. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of Ryanair by 94.6% during the second quarter. Tower Research Capital LLC TRC now owns 3,645 shares of the transportation company’s stock worth $416,000 after buying an additional 1,772 shares during the last quarter. Institutional investors own 43.94% of the company’s stock.

Ryanair Company Profile

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, and Other European countries. The company is also involved in the provision of various ancillary services, such as non-flight scheduled services and Internet-related services; in-flight sale of beverages, food, and merchandise; and marketing accommodation services, holidays, car hire, and travel insurance through its Website.

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Analyst Recommendations for Ryanair (NASDAQ:RYAAY)

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