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
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
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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