Ryanair (NASDAQ:RYAAY) Announces Earnings Results

Ryanair (NASDAQ:RYAAYGet Free Report) announced its quarterly earnings results on Monday. The transportation company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.08, Zacks reports. The business had revenue of $3.77 billion for the quarter, compared to the consensus estimate of $3.16 billion. Ryanair had a net margin of 16.29% and a return on equity of 31.32%.

Ryanair Price Performance

RYAAY stock traded down $0.95 on Tuesday, reaching $68.05. 712,766 shares of the company’s stock were exchanged, compared to its average volume of 1,244,306. The stock has a fifty day moving average of $69.18 and a 200-day moving average of $64.25. Ryanair has a twelve month low of $38.52 and a twelve month high of $74.24. The firm has a market cap of $35.73 billion, a PE ratio of 13.12, a P/E/G ratio of 0.70 and a beta of 1.25. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.02.

Ryanair Announces Dividend

The company also recently announced a special dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Friday, January 16th will be given a dividend of $0.4545 per share. The ex-dividend date is Friday, January 16th. Ryanair’s payout ratio is 13.46%.

Wall Street Analyst Weigh In

RYAAY has been the topic of a number of analyst reports. Morgan Stanley reaffirmed an “overweight” rating on shares of Ryanair in a research report on Monday, December 15th. Citigroup reaffirmed a “buy” rating on shares of Ryanair in a report on Thursday, October 23rd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ryanair in a research note on Thursday, January 8th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Ryanair in a research note on Monday, December 29th. Finally, Wall Street Zen cut shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Sunday. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $76.00.

View Our Latest Stock Analysis on RYAAY

Hedge Funds Weigh In On Ryanair

Several large investors have recently bought and sold shares of the stock. CIBC Private Wealth Group LLC boosted its holdings in shares of Ryanair by 280.6% during the third quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company’s stock worth $28,000 after purchasing an additional 348 shares during the period. Pin Oak Investment Advisors Inc. lifted its stake in shares of Ryanair by 76.0% in the third quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock worth $29,000 after buying an additional 209 shares during the last quarter. Wexford Capital LP acquired a new position in Ryanair in the 3rd quarter valued at $55,000. Advisory Services Network LLC bought a new position in Ryanair in the 3rd quarter worth $77,000. Finally, Quadrant Capital Group LLC acquired a new position in Ryanair during the 3rd quarter worth $77,000. Institutional investors and hedge funds own 43.66% of the company’s stock.

More Ryanair News

Here are the key news stories impacting Ryanair this week:

About Ryanair

(Get Free Report)

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.

Further Reading

Earnings History for Ryanair (NASDAQ:RYAAY)

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