Ryanair (RYAAY) Expected to Announce Earnings on Monday

Ryanair (NASDAQ:RYAAY) is expected to be releasing its results before the market opens on Monday, January 26th. Analysts expect Ryanair to post earnings of $0.15 per share and revenue of $3.1558 billion for the quarter.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings results on Monday, November 3rd. The transportation company reported $3.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.62 by $0.14. Ryanair had a return on equity of 31.32% and a net margin of 16.29%.The business had revenue of $6.41 billion during the quarter, compared to analyst estimates of $5.44 billion. On average, analysts expect Ryanair to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Ryanair Price Performance

Shares of Ryanair stock opened at $70.97 on Friday. 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 company has a market capitalization 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 52 week low of $38.52 and a 52 week high of $74.24. The stock’s 50-day simple moving average is $69.03 and its 200-day simple moving average is $64.13.

Ryanair Dividend Announcement

The company 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 is Friday, January 16th. Ryanair’s payout ratio is currently 13.65%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on RYAAY shares. Wall Street Zen raised shares of Ryanair from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Ryanair in a report on Thursday, January 15th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Ryanair in a report on Thursday, January 8th. Morgan Stanley restated an “overweight” rating on shares of Ryanair in a research note on Monday, December 15th. Finally, Citigroup reiterated a “buy” rating on shares of Ryanair in a research note on Thursday, October 23rd. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Ryanair presently has a consensus rating of “Moderate Buy” and a consensus price target of $76.00.

Institutional Investors Weigh In On Ryanair

A number of institutional investors and hedge funds have recently modified their holdings of RYAAY. Integrated Wealth Concepts LLC acquired a new stake in shares of Ryanair during the 3rd quarter worth approximately $263,000. Rhumbline Advisers lifted its stake in shares of Ryanair by 18.5% in the 3rd quarter. Rhumbline Advisers now owns 4,380 shares of the transportation company’s stock valued at $264,000 after purchasing an additional 685 shares during the period. Headlands Technologies LLC purchased a new stake in Ryanair during the second quarter worth $149,000. Benjamin Edwards Inc. grew its position in Ryanair by 3.9% during the second 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. Finally, Diversify Advisory Services LLC acquired a new stake in Ryanair during the second quarter valued at $360,000. Institutional investors and hedge funds own 43.66% of the company’s stock.

About Ryanair

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.