Ryanair (NASDAQ:RYAAY) Stock Rating Lowered by Zacks Research

Ryanair (NASDAQ:RYAAY) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Thursday,Zacks.com reports.

Other analysts have also issued reports about the stock. Weiss Ratings lowered shares of Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 6th. Sanford C. Bernstein upgraded shares of Ryanair from a “market perform” rating to an “outperform” rating in a research report on Monday, April 13th. Morgan Stanley reaffirmed an “overweight” rating on shares of Ryanair in a research note on Tuesday, January 27th. Wall Street Zen downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Sunday, January 25th. Finally, Erste Group Bank downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $75.67.

Ryanair Stock Down 0.3%

RYAAY opened at $54.47 on Thursday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.02. The firm has a 50 day moving average price of $60.95 and a 200-day moving average price of $64.96. Ryanair has a twelve month low of $49.39 and a twelve month high of $74.24. The stock has a market capitalization of $28.43 billion, a price-to-earnings ratio of 10.94, a PEG ratio of 0.55 and a beta of 1.26.

Institutional Trading of Ryanair

Several institutional investors and hedge funds have recently bought and sold shares of the business. LVW Advisors LLC increased its holdings in shares of Ryanair by 2.6% during the 4th quarter. LVW Advisors LLC now owns 6,276 shares of the transportation company’s stock valued at $453,000 after purchasing an additional 158 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in Ryanair by 39.4% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 584 shares of the transportation company’s stock worth $42,000 after acquiring an additional 165 shares in the last quarter. One Wealth Advisors LLC increased its holdings in Ryanair by 3.1% in the 4th quarter. One Wealth Advisors LLC now owns 6,225 shares of the transportation company’s stock worth $449,000 after acquiring an additional 185 shares in the last quarter. CIBC Private Wealth Group LLC boosted its stake in Ryanair by 41.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 669 shares of the transportation company’s stock worth $48,000 after purchasing an additional 197 shares during the last quarter. Finally, AdvisorShares Investments LLC boosted its stake in Ryanair by 1.1% during the 4th quarter. AdvisorShares Investments LLC now owns 18,145 shares of the transportation company’s stock worth $1,310,000 after purchasing an additional 201 shares during the last quarter. 43.66% of the stock is currently owned by institutional investors and hedge funds.

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.