Ryanair Holdings plc (NASDAQ:RYAAY) Receives $151.00 Average PT from Analysts

Ryanair Holdings plc (NASDAQ:RYAAY) has been assigned a consensus recommendation of “Buy” from the four brokerages that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $151.00.

Several equities analysts have commented on RYAAY shares. Raymond James boosted their price target on shares of Ryanair from $140.00 to $162.00 and gave the stock a “strong-buy” rating in a research note on Monday, December 18th. TheStreet upgraded shares of Ryanair from a “c” rating to a “b” rating in a research note on Friday, December 1st. StockNews.com downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Friday, January 5th. Finally, Evercore ISI downgraded shares of Ryanair from an “outperform” rating to an “in-line” rating and set a $140.00 target price for the company. in a research note on Tuesday, January 2nd.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Capital International Investors raised its holdings in Ryanair by 1.3% during the fourth quarter. Capital International Investors now owns 10,687,236 shares of the transportation company’s stock worth $1,425,446,000 after purchasing an additional 137,935 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in Ryanair by 2.6% during the third quarter. Massachusetts Financial Services Co. MA now owns 10,320,082 shares of the transportation company’s stock worth $1,003,215,000 after purchasing an additional 259,703 shares in the last quarter. Baillie Gifford & Co. increased its holdings in Ryanair by 14.6% in the fourth quarter. Baillie Gifford & Co. now owns 9,389,236 shares of the transportation company’s stock valued at $1,252,149,000 after buying an additional 1,197,812 shares in the last quarter. Capital World Investors increased its holdings in Ryanair by 90.8% in the fourth quarter. Capital World Investors now owns 9,294,414 shares of the transportation company’s stock valued at $1,239,503,000 after buying an additional 4,424,400 shares in the last quarter. Finally, Lazard Asset Management LLC increased its holdings in Ryanair by 12.0% in the second quarter. Lazard Asset Management LLC now owns 6,684,059 shares of the transportation company’s stock valued at $739,256,000 after buying an additional 715,572 shares in the last quarter. 43.66% of the stock is owned by hedge funds and other institutional investors.

Ryanair Stock Down 0.4 %

Shares of NASDAQ RYAAY opened at $146.02 on Thursday. The business’s 50 day moving average is $137.87 and its two-hundred day moving average is $120.07. The firm has a market cap of $33.29 billion, a price-to-earnings ratio of 15.04, a PEG ratio of 0.93 and a beta of 1.58. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.32. Ryanair has a 52-week low of $87.18 and a 52-week high of $146.93.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings results on Monday, January 29th. The transportation company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.28). The business had revenue of $2.91 billion during the quarter, compared to analyst estimates of $2.96 billion. Ryanair had a return on equity of 29.39% and a net margin of 15.64%. Research analysts predict that Ryanair will post 9.28 EPS for the current 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.