Ryanair (RYAAY) Scheduled to Post Quarterly Earnings on Monday

Ryanair (NASDAQ:RYAAY) is scheduled to announce its earnings results before the market opens on Monday, November 4th. Analysts expect the company to announce earnings of $2.91 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Ryanair Trading Up 1.1 %

Shares of RYAAY opened at $45.06 on Monday. The business’s 50-day moving average price is $83.66 and its 200 day moving average price is $107.14. The stock has a market capitalization of $10.17 billion, a P/E ratio of 4.94, a P/E/G ratio of 2.63 and a beta of 1.54. Ryanair has a 1-year low of $34.87 and a 1-year high of $60.29. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.32.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on RYAAY shares. HSBC cut Ryanair from a “buy” rating to a “hold” rating in a research note on Friday, July 12th. Barclays raised Ryanair from an “equal weight” rating to an “overweight” rating in a research note on Friday. Sanford C. Bernstein lowered their target price on Ryanair from $149.00 to $147.00 and set an “outperform” rating on the stock in a research note on Thursday, August 29th. Citigroup raised Ryanair to a “strong-buy” rating in a research note on Friday, August 2nd. Finally, The Goldman Sachs Group raised Ryanair to a “strong-buy” rating in a research note on Friday, August 9th. Six analysts have rated the stock with a hold rating, two have given a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $154.67.

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.