Ryanair Holdings plc (NASDAQ:RYAAY) Given Average Rating of “Moderate Buy” by Brokerages

Ryanair Holdings plc (NASDAQ:RYAAY – Get Rating) has been given a consensus rating of “Moderate Buy” by the eleven ratings firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, six have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $47.75.

RYAAY has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft raised their price target on shares of Ryanair from €14.50 ($15.76) to €16.00 ($17.39) and gave the company a “buy” rating in a research report on Tuesday, December 13th. Liberum Capital downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Wednesday, October 12th. StockNews.com raised shares of Ryanair from a “hold” rating to a “buy” rating in a research report on Tuesday, November 15th. JPMorgan Chase & Co. raised their price target on shares of Ryanair from €18.20 ($19.78) to €21.00 ($22.83) and gave the company an “overweight” rating in a research report on Thursday, December 15th. Finally, Raymond James reduced their price target on shares of Ryanair from $112.00 to $102.00 and set a “strong-buy” rating for the company in a research report on Wednesday, October 5th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Comerica Bank boosted its stake in shares of Ryanair by 4.9% during the 2nd quarter. Comerica Bank now owns 5,696 shares of the transportation company’s stock worth $411,000 after acquiring an additional 264 shares during the last quarter. Ronald Blue Trust Inc. purchased a new position in shares of Ryanair during the 2nd quarter worth $90,000. Raymond James Trust N.A. lifted its stake in shares of Ryanair by 5.8% during the 2nd quarter. Raymond James Trust N.A. now owns 3,602 shares of the transportation company’s stock valued at $242,000 after buying an additional 196 shares in the last quarter. WCM Investment Management LLC lifted its stake in shares of Ryanair by 69.0% during the 2nd quarter. WCM Investment Management LLC now owns 8,402 shares of the transportation company’s stock valued at $584,000 after buying an additional 3,430 shares in the last quarter. Finally, M&T Bank Corp boosted its holdings in Ryanair by 53.9% in the 2nd quarter. M&T Bank Corp now owns 4,316 shares of the transportation company’s stock worth $287,000 after buying an additional 1,511 shares during the period. Hedge funds and other institutional investors own 42.82% of the company’s stock.

Ryanair Price Performance

Shares of NASDAQ RYAAY opened at $93.66 on Friday. Ryanair has a fifty-two week low of $55.90 and a fifty-two week high of $125.75. The company has a 50 day simple moving average of $79.83 and a two-hundred day simple moving average of $72.62. The company has a market capitalization of $21.33 billion, a price-to-earnings ratio of 19.97 and a beta of 1.43. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.08 and a current ratio of 1.08.

Ryanair (NASDAQ:RYAAY – Get Rating) last announced its earnings results on Monday, November 7th. The transportation company reported $5.32 earnings per share for the quarter, missing analysts’ consensus estimates of $5.43 by ($0.11). Ryanair had a net margin of 10.85% and a return on equity of 16.66%. The business had revenue of $4.05 billion for the quarter, compared to the consensus estimate of $4.02 billion. Analysts expect that Ryanair will post 5.63 EPS for the current fiscal year.

Ryanair Company Profile

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Ryanair Holdings Plc engages in the provision of low fares airline-related services. It provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food, and merchandise.