Ryanair Holdings PLC (NASDAQ:RYAAY) Stock Now Rated “Moderate Buy” by Wall Street Brokerages

Shares of Ryanair Holdings PLC (NASDAQ:RYAAY) have been given a consensus recommendation of “Moderate Buy” by the eleven research firms that are covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $73.97.

RYAAY has been the topic of a number of recent analyst reports. Sanford C. Bernstein restated an “outperform” rating on shares of Ryanair in a research report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Ryanair in a research note on Tuesday, July 14th. Citigroup reaffirmed a “buy” rating on shares of Ryanair in a research report on Wednesday, July 1st. Raymond James Financial reaffirmed a “strong-buy” rating and set a $74.00 price objective on shares of Ryanair in a research report on Monday, August 24th. Finally, Weiss Ratings downgraded shares of Ryanair from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, September 4th.

Institutional Trading of Ryanair

A number of institutional investors and hedge funds have recently made changes to their positions in the company. IFP Advisors Inc boosted its holdings in shares of Ryanair by 48.1% in the 2nd quarter. IFP Advisors Inc now owns 665 shares of the transportation company’s stock valued at $43,000 after purchasing an additional 216 shares in the last quarter. MidFirst Bank bought a new position in shares of Ryanair in the 4th quarter valued at $50,000. Fortitude Family Office LLC increased its stake in shares of Ryanair by 18.9% in the 3rd quarter. Fortitude Family Office LLC now owns 1,495 shares of the transportation company’s stock valued at $82,000 after purchasing an additional 238 shares during the last quarter. Leonteq Securities AG raised its holdings in shares of Ryanair by 2,084.9% during the 2nd quarter. Leonteq Securities AG now owns 2,032 shares of the transportation company’s stock worth $132,000 after buying an additional 1,939 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Ryanair by 68.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,461 shares of the transportation company’s stock worth $159,000 after buying an additional 1,000 shares in the last quarter. Institutional investors own 43.65% of the company’s stock.

Ryanair Price Performance

Ryanair stock opened at $54.00 on Friday. The stock’s fifty day moving average price is $54.78 and its two-hundred day moving average price is $58.14. Ryanair has a one year low of $51.02 and a one year high of $74.24. The firm has a market cap of $27.97 billion, a PE ratio of 12.07, a price-to-earnings-growth ratio of 4.30 and a beta of 1.19.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Friday, July 17th. The transportation company reported $1.19 earnings per share for the quarter, missing the consensus estimate 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%. Sell-side analysts expect that Ryanair will post 3.76 earnings per share for the current fiscal year.

Ryanair Announces Dividend

The company also recently announced a special dividend, which was paid on Monday, September 28th. Stockholders of record on Friday, August 7th were given a $0.4434 dividend. Ryanair’s payout ratio is presently 28.37%.

Ryanair Company Profile

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.