Ryanair (NASDAQ:RYAAY – Get Rating) will issue its quarterly earnings data before the market opens on Monday, May 22nd. Analysts expect the company to announce earnings of ($0.99) per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.
Ryanair Stock Down 1.8 %
Ryanair stock opened at $100.29 on Friday. The business has a fifty day moving average of $94.43 and a two-hundred day moving average of $88.03. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.46. The firm has a market cap of $22.84 billion, a P/E ratio of 16.50 and a beta of 1.45. Ryanair has a twelve month low of $55.90 and a twelve month high of $106.05.
Institutional Investors Weigh In On Ryanair
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Lazard Asset Management LLC grew its position in shares of Ryanair by 11.8% in the first quarter. Lazard Asset Management LLC now owns 5,787,913 shares of the transportation company’s stock valued at $504,242,000 after purchasing an additional 612,114 shares during the last quarter. Royal Bank of Canada grew its holdings in Ryanair by 27.5% during the 1st quarter. Royal Bank of Canada now owns 2,038,087 shares of the transportation company’s stock worth $177,557,000 after acquiring an additional 439,740 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Ryanair by 149.5% in the 1st quarter. JPMorgan Chase & Co. now owns 653,814 shares of the transportation company’s stock worth $61,648,000 after buying an additional 391,747 shares during the last quarter. Maple Rock Capital Partners Inc. bought a new position in shares of Ryanair in the 1st quarter worth about $23,572,000. Finally, Wellington Management Group LLP lifted its position in Ryanair by 13.5% in the 1st quarter. Wellington Management Group LLP now owns 2,071,104 shares of the transportation company’s stock valued at $180,436,000 after purchasing an additional 246,276 shares during the last quarter. 42.82% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Ryanair Company Profile
Ryanair Holdings Plc engages in the provision of low fares airline-related services. It also offers ancillary, core air passenger, non-flight scheduled, and internet-related services. It also involved in in-flight sale of beverages, food, and merchandise. It operates through the following segments: Ryanair DAC, Malta Air, and Other Airlines.
- Get a free copy of the StockNews.com research report on Ryanair (RYAAY)
- MarketBeat Week in Review – 5/15 – 5/19
- Applied Materials: Cracks In The Chip Recovery Or Time To Buy?
- Deere & Company Rallies On Farm Equipment Boom, Bullish Outlook
- How Many Roth IRAs Can You Have?
- Why You Should Consider Buying Nvidia Ahead Of Earnings
Receive News & Ratings for Ryanair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryanair and related companies with MarketBeat.com's FREE daily email newsletter.