Ryanair Holdings plc (NASDAQ:RYAAY) Receives $158.50 Average Price Target from Analysts

Ryanair Holdings plc (NASDAQ:RYAAY) has been given an average recommendation of “Hold” by the seven ratings firms that are covering the company, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $158.50.

A number of equities research analysts recently issued reports on the stock. Evercore ISI upped their price target on shares of Ryanair from $145.00 to $155.00 and gave the company an “in-line” rating in a research note on Thursday, April 4th. UBS Group downgraded shares of Ryanair from a “buy” rating to a “neutral” rating in a report on Thursday, June 20th. Barclays lowered Ryanair from an “overweight” rating to an “equal weight” rating in a research report on Friday, June 21st. Deutsche Bank Aktiengesellschaft downgraded Ryanair from a “buy” rating to a “hold” rating in a research report on Friday, May 24th. Finally, Hsbc Global Res raised Ryanair to a “hold” rating in a research report on Friday, July 12th.

Institutional Trading of Ryanair

A number of hedge funds have recently bought and sold shares of the stock. Transcendent Capital Group LLC bought a new stake in shares of Ryanair in the 1st quarter valued at about $29,000. Advisors Preferred LLC purchased a new position in Ryanair during the 4th quarter worth $31,000. Bruce G. Allen Investments LLC acquired a new position in Ryanair during the 4th quarter valued at about $31,000. GAMMA Investing LLC raised its stake in Ryanair by 44.9% in the first quarter. GAMMA Investing LLC now owns 242 shares of the transportation company’s stock valued at $35,000 after buying an additional 75 shares during the last quarter. Finally, Principal Securities Inc. acquired a new stake in Ryanair in the fourth quarter worth about $41,000. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Ryanair Trading Down 1.3 %

Shares of Ryanair stock opened at $114.32 on Friday. Ryanair has a twelve month low of $87.18 and a twelve month high of $150.73. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.33. The business has a 50-day moving average price of $120.15 and a 200-day moving average price of $131.22. The firm has a market cap of $25.81 billion, a price-to-earnings ratio of 12.54, a PEG ratio of 1.13 and a beta of 1.55.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings results on Monday, May 20th. The transportation company reported ($1.31) earnings per share for the quarter, beating the consensus estimate of ($1.32) by $0.01. The business had revenue of $2.36 billion during the quarter, compared to analysts’ expectations of $2.33 billion. Ryanair had a return on equity of 25.61% and a net margin of 14.30%. Equities research analysts anticipate that Ryanair will post 11.1 EPS for the current fiscal year.

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.