Ryanair Holdings plc (NASDAQ:RYAAY) Receives $158.50 Average Price Target from Brokerages

Ryanair Holdings plc (NASDAQ:RYAAY) has been assigned an average recommendation of “Buy” from the three analysts that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $158.50.

Several analysts recently issued reports on the company. StockNews.com downgraded Ryanair from a “buy” rating to a “hold” rating in a report on Friday, January 5th. Evercore ISI raised their price target on Ryanair from $145.00 to $155.00 and gave the stock an “in-line” rating in a report on Thursday, April 4th.

Institutional Trading of Ryanair

Several large investors have recently added to or reduced their stakes in the business. Capital International Investors increased its position in Ryanair by 1.3% in the 4th quarter. Capital International Investors now owns 10,687,236 shares of the transportation company’s stock valued at $1,425,446,000 after acquiring an additional 137,935 shares during the period. Massachusetts Financial Services Co. MA increased its position in Ryanair by 2.6% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 10,320,082 shares of the transportation company’s stock valued at $1,003,215,000 after acquiring an additional 259,703 shares during the period. Baillie Gifford & Co. increased its position in Ryanair by 14.6% in the 4th quarter. Baillie Gifford & Co. now owns 9,389,236 shares of the transportation company’s stock valued at $1,252,149,000 after acquiring an additional 1,197,812 shares during the period. Capital World Investors increased its position in shares of Ryanair by 90.8% during the 4th quarter. Capital World Investors now owns 9,294,414 shares of the transportation company’s stock valued at $1,239,503,000 after purchasing an additional 4,424,400 shares during the period. Finally, Lazard Asset Management LLC increased its position in shares of Ryanair by 5.7% during the 4th quarter. Lazard Asset Management LLC now owns 6,292,044 shares of the transportation company’s stock valued at $470,392,000 after purchasing an additional 337,122 shares during the period. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Ryanair Trading Up 2.6 %

NASDAQ:RYAAY opened at $138.88 on Monday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.32. The business’s 50 day moving average is $141.49 and its two-hundred day moving average is $125.28. Ryanair has a 52 week low of $87.18 and a 52 week high of $150.73. The company has a market cap of $31.66 billion, a PE ratio of 14.30, a P/E/G ratio of 0.69 and a beta of 1.59.

Ryanair (NASDAQ:RYAAY) last released its earnings results on Monday, January 29th. The transportation company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.28). Ryanair had a return on equity of 29.39% and a net margin of 15.64%. The firm had revenue of $2.91 billion for the quarter, compared to the consensus estimate of $2.96 billion. On average, analysts predict that Ryanair will post 9.22 EPS for the current year.

Ryanair Company Profile

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.