Ryanair Holdings plc (RYAAY) Receives Average Rating of “Hold” from Brokerages

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) have been given an average recommendation of “Hold” by the sixteen ratings firms that are currently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $80.50.

RYAAY has been the topic of a number of recent analyst reports. Cantor Fitzgerald upgraded Ryanair from a “hold” rating to a “buy” rating in a research note on Wednesday, February 6th. Zacks Investment Research upgraded Ryanair from a “strong sell” rating to a “buy” rating and set a $83.00 target price on the stock in a research note on Tuesday, December 11th. Morgan Stanley lowered Ryanair from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, January 22nd. HSBC raised Ryanair from a “reduce” rating to a “buy” rating in a research report on Tuesday, January 22nd. Finally, Macquarie assumed coverage on Ryanair in a research report on Tuesday, November 27th. They set an “underperform” rating on the stock.

Several institutional investors and hedge funds have recently bought and sold shares of RYAAY. Advisors Asset Management Inc. boosted its position in Ryanair by 2.3% during the fourth quarter. Advisors Asset Management Inc. now owns 8,631 shares of the transportation company’s stock valued at $616,000 after purchasing an additional 191 shares in the last quarter. Advisor Group Inc. boosted its position in Ryanair by 2.5% during the fourth quarter. Advisor Group Inc. now owns 8,999 shares of the transportation company’s stock valued at $642,000 after purchasing an additional 218 shares in the last quarter. Raymond James Trust N.A. boosted its position in Ryanair by 9.3% during the fourth quarter. Raymond James Trust N.A. now owns 2,858 shares of the transportation company’s stock valued at $204,000 after purchasing an additional 244 shares in the last quarter. Comerica Bank boosted its position in Ryanair by 1.5% during the fourth quarter. Comerica Bank now owns 16,385 shares of the transportation company’s stock valued at $1,139,000 after purchasing an additional 246 shares in the last quarter. Finally, Intact Investment Management Inc. boosted its position in Ryanair by 4.5% during the fourth quarter. Intact Investment Management Inc. now owns 6,900 shares of the transportation company’s stock valued at $492,000 after purchasing an additional 300 shares in the last quarter. 43.69% of the stock is currently owned by institutional investors and hedge funds.

RYAAY stock opened at $76.14 on Friday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.91 and a current ratio of 0.91. Ryanair has a twelve month low of $65.61 and a twelve month high of $127.61. The firm has a market capitalization of $17.60 billion, a price-to-earnings ratio of 10.80 and a beta of 0.74.

Ryanair (NASDAQ:RYAAY) last released its earnings results on Monday, February 4th. The transportation company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.35). Ryanair had a return on equity of 25.18% and a net margin of 14.65%. The business had revenue of $1.80 billion during the quarter, compared to analysts’ expectations of $1.80 billion. Sell-side analysts predict that Ryanair will post 5.72 earnings per share for the current fiscal year.

About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, and Other European countries. The company is also involved in the provision of various ancillary services, such as non-flight scheduled services and Internet-related services; in-flight sale of beverages, food, and merchandise; and marketing accommodation services, holidays, car hire, and travel insurance through its Website.

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Analyst Recommendations for Ryanair (NASDAQ:RYAAY)

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