Ryanair (NASDAQ:RYAAY) Downgraded to “Hold” Rating by Wall Street Zen

Wall Street Zen lowered shares of Ryanair (NASDAQ:RYAAY) from a buy rating to a hold rating in a research note issued to investors on Sunday.

Other research analysts have also recently issued reports about the stock. Morgan Stanley reissued an “overweight” rating on shares of Ryanair in a research report on Monday, December 15th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ryanair in a research note on Thursday, January 8th. Sanford C. Bernstein cut Ryanair from an “outperform” rating to a “market perform” rating in a research report on Tuesday, November 4th. Weiss Ratings restated a “buy (b-)” rating on shares of Ryanair in a research note on Monday, December 29th. Finally, Citigroup reiterated a “buy” rating on shares of Ryanair in a research note on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $76.00.

Ryanair Price Performance

Shares of RYAAY stock opened at $70.97 on Friday. The business’s fifty day moving average is $69.03 and its 200 day moving average is $64.18. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.02. The stock has a market cap of $37.26 billion, a price-to-earnings ratio of 13.65, a PEG ratio of 0.70 and a beta of 1.25. Ryanair has a twelve month low of $38.52 and a twelve month high of $74.24.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Monday, November 3rd. The transportation company reported $3.76 EPS for the quarter, beating the consensus estimate of $3.62 by $0.14. The business had revenue of $6.41 billion during the quarter, compared to analyst estimates of $5.44 billion. Ryanair had a return on equity of 31.32% and a net margin of 16.29%. Research analysts expect that Ryanair will post 3.09 EPS for the current fiscal year.

Ryanair Announces Dividend

The firm also recently announced a special dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Friday, January 16th will be issued a $0.4545 dividend. The ex-dividend date of this dividend is Friday, January 16th. Ryanair’s dividend payout ratio (DPR) is presently 13.65%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. LVW Advisors LLC increased its holdings in Ryanair by 2.6% in the 4th quarter. LVW Advisors LLC now owns 6,276 shares of the transportation company’s stock worth $453,000 after buying an additional 158 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of Ryanair by 3.8% during the 3rd quarter. Blue Trust Inc. now owns 5,043 shares of the transportation company’s stock valued at $304,000 after acquiring an additional 186 shares during the last quarter. Evelyn Partners Investment Management Services Ltd grew its stake in shares of Ryanair by 40.4% in the second quarter. Evelyn Partners Investment Management Services Ltd now owns 702 shares of the transportation company’s stock worth $44,000 after acquiring an additional 202 shares during the period. Pin Oak Investment Advisors Inc. raised its holdings in shares of Ryanair by 76.0% during the third quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 209 shares during the last quarter. Finally, Benjamin Edwards Inc. lifted its holdings in shares of Ryanair by 3.9% during the 2nd quarter. Benjamin Edwards Inc. now owns 5,834 shares of the transportation company’s stock valued at $336,000 after buying an additional 217 shares during the period. 43.66% of the stock is owned by institutional investors.

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.