Ryanair Holdings PLC (NASDAQ:RYAAY) Stock Has Consensus Price Target of $73.97

Ryanair Holdings PLC (NASDAQ:RYAAY – Get Free Report) has received a consensus rating of “Moderate Buy” from the eleven brokerages that are presently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $73.97.

RYAAY has been the topic of a number of analyst reports. Sanford C. Bernstein reiterated an “outperform” rating on shares of Ryanair in a research report on Tuesday, July 21st. Weiss Ratings lowered Ryanair from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, September 4th. Zacks Research raised Ryanair from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 13th. Raymond James Financial reissued a “strong-buy” rating and set a $74.00 price objective on shares of Ryanair in a report on Monday, August 24th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Ryanair in a research note on Tuesday, July 14th.

View Our Latest Analysis on RYAAY

Hedge Funds Weigh In On Ryanair

Several institutional investors have recently added to or reduced their stakes in RYAAY. Ninety One North America Inc. increased its stake in shares of Ryanair by 12.6% in the third quarter. Ninety One North America Inc. now owns 205,437 shares of the transportation company’s stock valued at $11,301,000 after buying an additional 23,048 shares in the last quarter. Fortitude Family Office LLC raised its holdings in shares of Ryanair by 18.9% in the third quarter. Fortitude Family Office LLC now owns 1,495 shares of the transportation company’s stock valued at $82,000 after buying an additional 238 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in Ryanair by 5.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 755,526 shares of the transportation company’s stock worth $48,920,000 after buying an additional 40,648 shares in the last quarter. Maven Securities LTD acquired a new position in Ryanair during the 2nd quarter worth about $1,554,000. Finally, RFG Advisory LLC lifted its position in Ryanair by 5.6% during the 2nd quarter. RFG Advisory LLC now owns 3,788 shares of the transportation company’s stock worth $245,000 after buying an additional 202 shares in the last quarter. 43.65% of the stock is owned by institutional investors.

Ryanair Stock Performance

RYAAY stock opened at $52.54 on Friday. Ryanair has a 1-year low of $51.02 and a 1-year high of $74.24. The business’s 50 day moving average is $55.02 and its 200-day moving average is $58.22. The firm has a market cap of $27.21 billion, a P/E ratio of 12.63, a P/E/G ratio of 4.30 and a beta of 1.19.

Ryanair (NASDAQ:RYAAY – Get Free Report) last posted its earnings results on Friday, July 17th. The transportation company reported $1.19 EPS for the quarter, missing the consensus estimate of $1.37 by ($0.18). The company had revenue of $5 billion for the quarter, compared to the consensus estimate of $5.06 billion. Ryanair had a return on equity of 21.23% and a net margin of 12.14%. Sell-side analysts forecast that Ryanair will post 3.76 EPS for the current year.

Ryanair Announces Dividend

The company also recently announced a special dividend, which was paid on Monday, September 28th. Investors of record on Friday, August 7th were given a dividend of $0.4434 per share. Ryanair’s dividend payout ratio (DPR) is currently 28.37%.

About Ryanair

(Get Free Report)

Ryanair Holdings plc is an Ireland-based airline group and the parent company of Ryanair, one of Europe’s largest low-cost carriers. The group operates a primarily short-haul network focused on affordable air travel, offering scheduled passenger flights, seat reservations, priority boarding, and related travel services.

Ryanair’s airline operations include Ryanair DAC, Malta Air, Buzz, Lauda, and Ryanair UK. Together, these carriers serve destinations across Europe and selected markets in North Africa and the Middle East, connecting major cities and regional airports through a point-to-point route network.

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Analyst Recommendations for Ryanair (NASDAQ:RYAAY)

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