Ryanair (NASDAQ:RYAAY) Lowered to Hold Rating by StockNews.com

Ryanair (NASDAQ:RYAAY) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Tuesday.

A number of other equities research analysts also recently issued reports on the company. Barclays upgraded Ryanair from an “equal weight” rating to an “overweight” rating in a research note on Friday, October 25th. UBS Group raised shares of Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. Five research analysts have rated the stock with a hold rating, two have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $151.00.

Ryanair Stock Up 2.6 %

Ryanair stock traded up $1.20 during mid-day trading on Tuesday, hitting $47.42. The company had a trading volume of 2,022,458 shares, compared to its average volume of 1,333,797. Ryanair has a 12 month low of $36.96 and a 12 month high of $60.29. The company has a market capitalization of $25.63 billion, a PE ratio of 15.81, a price-to-earnings-growth ratio of 1.97 and a beta of 1.50. The stock’s 50 day moving average price is $44.16 and its two-hundred day moving average price is $69.18. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.22.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings results on Monday, February 3rd. The transportation company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.20. Ryanair had a net margin of 11.38% and a return on equity of 19.92%. As a group, sell-side analysts anticipate that Ryanair will post 2.96 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in RYAAY. Paradigm Asset Management Co. LLC lifted its stake in Ryanair by 87.5% in the third quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company’s stock worth $34,000 after acquiring an additional 350 shares during the period. GAMMA Investing LLC raised its stake in Ryanair by 261.5% in the third quarter. GAMMA Investing LLC now owns 893 shares of the transportation company’s stock worth $40,000 after buying an additional 646 shares in the last quarter. Signaturefd LLC boosted its position in Ryanair by 153.1% during the 3rd quarter. Signaturefd LLC now owns 891 shares of the transportation company’s stock valued at $40,000 after acquiring an additional 539 shares in the last quarter. R Squared Ltd bought a new position in shares of Ryanair in the 4th quarter worth $42,000. Finally, Pinnacle Bancorp Inc. raised its position in shares of Ryanair by 150.0% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company’s stock worth $47,000 after acquiring an additional 645 shares in the last quarter. Hedge funds and other institutional investors own 43.66% of the company’s stock.

About Ryanair

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.