Ryanair Holdings plc (NASDAQ:RYAAY) Receives $154.67 Average Price Target from Analysts

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) have received an average recommendation of “Buy” from the ten research firms that are currently covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating, two have assigned a buy rating and four have assigned a strong buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $154.67.

A number of research firms have recently weighed in on RYAAY. Sanford C. Bernstein dropped their price objective on Ryanair from $149.00 to $147.00 and set an “outperform” rating for the company in a research note on Thursday, August 29th. The Goldman Sachs Group raised Ryanair to a “strong-buy” rating in a research note on Friday, August 9th. Barclays raised Ryanair from an “equal weight” rating to an “overweight” rating in a research note on Friday, October 25th. StockNews.com raised Ryanair from a “hold” rating to a “buy” rating in a research note on Thursday. Finally, Citigroup raised Ryanair to a “strong-buy” rating in a research note on Friday, August 2nd.

Institutional Trading of Ryanair

Institutional investors have recently made changes to their positions in the business. Gallacher Capital Management LLC lifted its position in Ryanair by 4.1% during the 2nd quarter. Gallacher Capital Management LLC now owns 3,796 shares of the transportation company’s stock worth $442,000 after acquiring an additional 150 shares during the period. Transcendent Capital Group LLC acquired a new stake in Ryanair during the 1st quarter worth about $29,000. Sumitomo Mitsui Trust Holdings Inc. lifted its position in Ryanair by 0.8% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 25,237 shares of the transportation company’s stock worth $2,939,000 after acquiring an additional 212 shares during the period. EverSource Wealth Advisors LLC lifted its position in Ryanair by 256.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 299 shares of the transportation company’s stock worth $41,000 after acquiring an additional 215 shares during the period. Finally, Catalytic Wealth RIA LLC lifted its position in Ryanair by 15.3% during the 1st quarter. Catalytic Wealth RIA LLC now owns 2,005 shares of the transportation company’s stock worth $292,000 after acquiring an additional 266 shares during the period. Institutional investors and hedge funds own 43.66% of the company’s stock.

Ryanair Stock Performance

NASDAQ:RYAAY opened at $44.87 on Friday. The stock has a 50-day simple moving average of $64.95 and a two-hundred day simple moving average of $97.26. Ryanair has a 52-week low of $36.96 and a 52-week high of $60.29. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.81 and a current ratio of 0.81. The firm has a market capitalization of $24.55 billion, a PE ratio of 14.96, a P/E/G ratio of 2.59 and a beta of 1.54.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings results on Monday, November 4th. The transportation company reported $2.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.91 by ($0.09). Ryanair had a net margin of 11.38% and a return on equity of 19.92%. The company had revenue of $5.57 billion for the quarter, compared to the consensus estimate of $5.59 billion. During the same period in the prior year, the firm posted $2.88 EPS. Analysts forecast that Ryanair will post 2.97 EPS for the current year.

Ryanair Company Profile

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.