Ryanair (RYAAY) Raised to Sell at ValuEngine
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.
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.
Featured Article: Do Tariffs Work?
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Ryanair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryanair and related companies with MarketBeat.com's FREE daily email newsletter.