Ryanair Holdings PLC (NASDAQ:RYAAY – Get Free Report) insider John Jh Hurley sold 15,000 shares of the firm’s stock in a transaction on Friday, June 26th. The stock was sold at an average price of $31.24, for a total value of $468,600.00. Following the transaction, the insider owned 76,025 shares in the company, valued at $2,375,021. This trade represents a 16.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Ryanair Stock Performance
Ryanair stock opened at $64.75 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.90 and a quick ratio of 0.90. Ryanair Holdings PLC has a 12 month low of $53.14 and a 12 month high of $74.24. The company has a fifty day moving average price of $58.74 and a two-hundred day moving average price of $63.68. The company has a market cap of $33.69 billion, a PE ratio of 13.75, a P/E/G ratio of 1.66 and a beta of 1.15.
Ryanair (NASDAQ:RYAAY – Get Free Report) last issued its earnings results on Tuesday, May 19th. The transportation company reported ($0.86) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.95) by $0.09. Ryanair had a net margin of 13.95% and a return on equity of 25.58%. The company had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $3.08 billion. Research analysts expect that Ryanair Holdings PLC will post 4.23 earnings per share for the current year.
Hedge Funds Weigh In On Ryanair
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on the stock. Citigroup reissued a “buy” rating on shares of Ryanair in a report on Tuesday, May 19th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ryanair in a report on Tuesday, May 19th. Weiss Ratings downgraded Ryanair from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 23rd. Sanford C. Bernstein restated an “outperform” rating and set a $77.00 price objective on shares of Ryanair in a research report on Monday, June 8th. Finally, Zacks Research downgraded Ryanair from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $77.67.
Check Out Our Latest Report on Ryanair
Ryanair Company Profile
Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.
The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.
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