Ryanair Holdings PLC (NASDAQ:RYAAY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Ryanair Holdings PLC (NASDAQ:RYAAY – Get Free Report) have been given an average recommendation of “Moderate Buy” by the ten ratings firms that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $73.97.

A number of research analysts have commented on RYAAY shares. Zacks Research downgraded Ryanair from a “hold” rating to a “strong sell” rating in a report on Monday, August 17th. Morgan Stanley started coverage on shares of Ryanair in a research note on Friday, August 14th. They set an “overweight” rating and a $62.90 target price for the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Ryanair in a report on Tuesday, July 14th. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $74.00 price target on shares of Ryanair in a report on Monday, August 24th. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Ryanair in a report on Tuesday, July 21st.

Read Our Latest Report on RYAAY

Hedge Funds Weigh In On Ryanair

Several institutional investors have recently modified their holdings of RYAAY. Strategic Investment Advisors MI grew its position in Ryanair by 4.9% during the first quarter. Strategic Investment Advisors MI now owns 3,965 shares of the transportation company’s stock worth $230,000 after buying an additional 184 shares in the last quarter. AdvisorShares Investments LLC raised its stake in shares of Ryanair by 1.1% in the fourth quarter. AdvisorShares Investments LLC now owns 18,145 shares of the transportation company’s stock valued at $1,310,000 after purchasing an additional 201 shares in the last quarter. RFG Advisory LLC lifted its position in Ryanair by 5.6% in the second quarter. RFG Advisory LLC now owns 3,788 shares of the transportation company’s stock worth $245,000 after purchasing an additional 202 shares during the period. IFP Advisors Inc boosted its stake in Ryanair by 48.1% during the second quarter. IFP Advisors Inc now owns 665 shares of the transportation company’s stock worth $43,000 after buying an additional 216 shares in the last quarter. Finally, Savant Capital LLC increased its holdings in Ryanair by 3.8% in the 4th quarter. Savant Capital LLC now owns 6,398 shares of the transportation company’s stock valued at $462,000 after buying an additional 234 shares during the period. Institutional investors own 43.65% of the company’s stock.

Ryanair Price Performance

RYAAY opened at $55.30 on Monday. Ryanair has a 12-month low of $51.68 and a 12-month high of $74.24. The stock has a market capitalization of $28.67 billion, a PE ratio of 13.29, a P/E/G ratio of 4.33 and a beta of 1.16. The firm’s fifty day moving average price is $56.50 and its 200 day moving average price is $58.93.

Ryanair (NASDAQ:RYAAY – Get Free Report) last issued its earnings results on Friday, July 17th. The transportation company reported $1.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.18). The company had revenue of $5 billion during the quarter, compared to analyst estimates of $5.06 billion. Ryanair had a net margin of 12.14% and a return on equity of 21.23%. On average, equities research analysts forecast that Ryanair will post 3.84 earnings per share for the current fiscal year.

Ryanair Announces Dividend

The business also recently announced a special dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, August 7th will be paid a $0.4434 dividend. Ryanair’s payout ratio is 28.37%.

Ryanair Company Profile

(Get Free Report)

Ryanair Holdings plc is an Irish airline group that operates low-cost, scheduled passenger services primarily across Europe. Through its operating airlines, including Ryanair, Ryanair UK, Malta Air, Buzz and Lauda, the group connects a broad network of destinations with a focus on affordable fares, high aircraft utilization and short-haul travel.

The company serves markets throughout the United Kingdom and continental Europe, as well as selected destinations in North Africa and the Middle East.

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Analyst Recommendations for Ryanair (NASDAQ:RYAAY)

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