Ryanair Holdings plc (NASDAQ:RYAAY – Get Free Report) has been given an average rating of “Moderate Buy” by the nine ratings firms that are currently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating, two have given a buy rating and three have assigned a strong buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $151.00.
Several brokerages have commented on RYAAY. StockNews.com lowered Ryanair from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. UBS Group upgraded Ryanair from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th.
View Our Latest Report on RYAAY
Ryanair Stock Performance
Ryanair (NASDAQ:RYAAY – Get Free Report) last released its earnings results on Monday, February 3rd. The transportation company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. Equities research analysts anticipate that Ryanair will post 3.09 earnings per share for the current year.
Ryanair Announces Dividend
The business also recently announced a — dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, January 17th will be given a $0.4677 dividend. This represents a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, January 17th. Ryanair’s payout ratio is 30.67%.
Institutional Investors Weigh In On Ryanair
Several institutional investors and hedge funds have recently modified their holdings of RYAAY. Public Employees Retirement System of Ohio boosted its holdings in Ryanair by 350.6% in the fourth quarter. Public Employees Retirement System of Ohio now owns 58,269 shares of the transportation company’s stock valued at $2,540,000 after purchasing an additional 45,337 shares during the last quarter. Vise Technologies Inc. purchased a new position in Ryanair in the fourth quarter valued at about $258,000. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new position in Ryanair in the fourth quarter valued at about $669,000. Waverly Advisors LLC purchased a new position in Ryanair in the fourth quarter valued at about $204,000. Finally, Vident Advisory LLC boosted its holdings in Ryanair by 2.4% in the fourth quarter. Vident Advisory LLC now owns 10,006 shares of the transportation company’s stock valued at $436,000 after purchasing an additional 230 shares during the last quarter. Hedge funds and other institutional investors own 43.66% 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, 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.
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