Ryanair (RYAAY) to Release Quarterly Earnings on Monday

Posted by on May 14th, 2022

Ryanair (NASDAQ:RYAAY – Get Rating) will issue its quarterly earnings data before the market opens on Monday, May 16th. Analysts expect the company to announce earnings of ($1.11) per share for the quarter.

Shares of Ryanair stock traded up $2.75 on Friday, hitting $83.00. The stock had a trading volume of 1,115,103 shares, compared to its average volume of 373,854. The company’s 50 day moving average price is $87.29 and its 200 day moving average price is $101.21. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.93. The stock has a market cap of $18.83 billion, a price-to-earnings ratio of -36.09 and a beta of 1.38. Ryanair has a 52-week low of $74.12 and a 52-week high of $127.25.

A number of institutional investors have recently made changes to their positions in the business. Penserra Capital Management LLC lifted its holdings in shares of Ryanair by 23.6% during the fourth quarter. Penserra Capital Management LLC now owns 9,546 shares of the transportation company’s stock worth $976,000 after buying an additional 1,821 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of Ryanair by 14.9% during the third quarter. LPL Financial LLC now owns 8,674 shares of the transportation company’s stock worth $955,000 after buying an additional 1,124 shares during the last quarter. MML Investors Services LLC lifted its holdings in shares of Ryanair by 8.8% during the fourth quarter. MML Investors Services LLC now owns 9,128 shares of the transportation company’s stock worth $934,000 after buying an additional 737 shares during the last quarter. JustInvest LLC lifted its holdings in shares of Ryanair by 51.2% during the fourth quarter. JustInvest LLC now owns 5,131 shares of the transportation company’s stock worth $525,000 after buying an additional 1,737 shares during the last quarter. Finally, Toroso Investments LLC acquired a new position in shares of Ryanair during the fourth quarter worth approximately $441,000.

RYAAY has been the topic of a number of analyst reports. Sanford C. Bernstein upgraded Ryanair from a “market perform” rating to an “outperform” rating and set a $107.00 target price on the stock in a report on Tuesday, March 22nd. StockNews.com initiated coverage on Ryanair in a report on Thursday, March 31st. They set a “hold” rating on the stock. Berenberg Bank reduced their price target on Ryanair from €20.50 ($21.58) to €20.00 ($21.05) in a research note on Wednesday, February 23rd. UBS Group raised Ryanair from a “neutral” rating to a “buy” rating in a research note on Tuesday, April 12th. Finally, Morgan Stanley reduced their price target on Ryanair from €21.00 ($22.11) to €20.00 ($21.05) in a research note on Tuesday, March 29th. Five analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $83.16.

Ryanair Company Profile (Get Rating)

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, Germany, and other European countries. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services; in-flight sale of beverages, food, and merchandise; and marketing of car hire and accommodation services, and travel insurance through its website and mobile app.

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Earnings History for Ryanair (NASDAQ:RYAAY)

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