Ryanair (NASDAQ:RYAAY) Posts Earnings Results, Misses Expectations By $0.08 EPS

Ryanair (NASDAQ:RYAAY) issued its quarterly earnings results on Monday. The transportation company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.08), FiscalAI reports. The company had revenue of $3.77 billion during the quarter, compared to the consensus estimate of $3.16 billion. Ryanair had a net margin of 16.29% and a return on equity of 31.32%.

Ryanair Price Performance

Shares of RYAAY opened at $70.97 on Monday. The firm has a market cap of $37.26 billion, a PE ratio of 13.65, a price-to-earnings-growth ratio of 0.70 and a beta of 1.25. Ryanair has a 52-week low of $38.52 and a 52-week high of $74.24. The business’s 50 day moving average price is $69.03 and its two-hundred day moving average price is $64.18. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.71 and a current ratio of 0.71.

Ryanair Announces Dividend

The firm also recently announced a special dividend, which will be paid on Wednesday, March 4th. Investors of record on Friday, January 16th will be given a dividend of $0.4545 per share. The ex-dividend date is Friday, January 16th. Ryanair’s dividend payout ratio is presently 13.65%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on RYAAY. Morgan Stanley reaffirmed an “overweight” rating on shares of Ryanair in a research report on Monday, December 15th. Wall Street Zen downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Sunday. Weiss Ratings restated a “buy (b-)” rating on shares of Ryanair in a research report on Monday, December 29th. Citigroup reissued a “buy” rating on shares of Ryanair in a research note on Thursday, October 23rd. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Ryanair in a report on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $76.00.

Institutional Trading of Ryanair

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RYAAY. CIBC Private Wealth Group LLC increased its stake in Ryanair by 280.6% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 348 shares in the last quarter. Pin Oak Investment Advisors Inc. increased its position in shares of Ryanair by 76.0% during the third quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock worth $29,000 after acquiring an additional 209 shares in the last quarter. Wexford Capital LP bought a new stake in shares of Ryanair during the third quarter worth about $55,000. Quadrant Capital Group LLC acquired a new stake in shares of Ryanair in the 3rd quarter worth about $77,000. Finally, Advisory Services Network LLC bought a new position in Ryanair in the 3rd quarter valued at about $77,000. 43.66% of the stock is owned by institutional investors.

Ryanair Company Profile

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.