Ryanair Holdings plc (NASDAQ:RYAAY) Receives Consensus Rating of “Buy” from Analysts

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) have been given a consensus recommendation of “Buy” by the ten brokerages that are presently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and four have assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $154.67.

A number of research firms have weighed in on RYAAY. UBS Group raised shares of Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. StockNews.com upgraded Ryanair from a “hold” rating to a “buy” rating in a research note on Thursday, November 14th. Sanford C. Bernstein lowered their price target on Ryanair from $149.00 to $147.00 and set an “outperform” rating on the stock in a research report on Thursday, August 29th. Finally, Barclays raised Ryanair from an “equal weight” rating to an “overweight” rating in a report on Friday, October 25th.

Ryanair Stock Down 1.6 %

Shares of RYAAY opened at $44.73 on Tuesday. The stock’s 50-day moving average price is $44.85 and its 200-day moving average price is $84.99. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $24.25 billion, a price-to-earnings ratio of 14.91, a PEG ratio of 2.62 and a beta of 1.51. Ryanair has a 52 week low of $36.96 and a 52 week high of $60.29.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings data on Monday, November 4th. The transportation company reported $2.82 EPS for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.09). Ryanair had a return on equity of 19.92% and a net margin of 11.38%. The firm had revenue of $5.57 billion for the quarter, compared to analyst estimates of $5.59 billion. During the same period in the previous year, the business earned $2.88 EPS. On average, sell-side analysts predict that Ryanair will post 2.97 EPS for the current year.

Ryanair Dividend Announcement

The company also recently announced a — dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, January 17th will be issued a dividend of $0.4677 per share. The ex-dividend date is Friday, January 17th. This represents a dividend yield of 4.2%. Ryanair’s payout ratio is currently 33.33%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Gallacher Capital Management LLC grew its holdings in shares of Ryanair by 4.1% during the second quarter. Gallacher Capital Management LLC now owns 3,796 shares of the transportation company’s stock worth $442,000 after buying an additional 150 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its position in Ryanair by 0.8% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 25,237 shares of the transportation company’s stock worth $2,939,000 after acquiring an additional 212 shares during the last quarter. Paradigm Asset Management Co. LLC grew its stake in Ryanair by 87.5% during the 3rd quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 350 shares in the last quarter. Ridgewood Investments LLC acquired a new stake in Ryanair in the 2nd quarter valued at about $50,000. Finally, Cetera Advisors LLC lifted its stake in Ryanair by 28.4% in the 1st quarter. Cetera Advisors LLC now owns 1,953 shares of the transportation company’s stock worth $284,000 after purchasing an additional 432 shares in the last quarter. Hedge funds and other institutional investors own 43.66% of the company’s stock.

About Ryanair

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.