Ryanair Holdings plc (NASDAQ:RYAAY) Plans Variable Dividend of $0.69

Ryanair Holdings plc (NASDAQ:RYAAY) declared a Variable dividend on Monday, July 29th, Zacks reports. Investors of record on Friday, August 9th will be paid a dividend of 0.692 per share by the transportation company on Monday, September 30th. The ex-dividend date of this dividend is Friday, August 9th.

Ryanair Stock Up 2.1 %

Shares of RYAAY opened at $101.83 on Wednesday. Ryanair has a 1 year low of $87.18 and a 1 year high of $150.73. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.93 and a quick ratio of 0.93. The stock has a 50 day simple moving average of $116.29 and a two-hundred day simple moving average of $130.05. The firm has a market cap of $22.99 billion, a P/E ratio of 11.17, a P/E/G ratio of 1.30 and a beta of 1.55.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Monday, May 20th. The transportation company reported ($1.31) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.32) by $0.01. The company had revenue of $2.36 billion during the quarter, compared to analysts’ expectations of $2.33 billion. Ryanair had a net margin of 12.07% and a return on equity of 20.43%. On average, analysts forecast that Ryanair will post 7.95 earnings per share for the current fiscal year.

Analyst Ratings Changes

RYAAY has been the topic of a number of recent research reports. Barclays cut Ryanair from an “overweight” rating to an “equal weight” rating in a research note on Friday, June 21st. Evercore ISI raised their price target on Ryanair from $145.00 to $155.00 and gave the stock an “in-line” rating in a research report on Thursday, April 4th. UBS Group downgraded Ryanair from a “buy” rating to a “neutral” rating in a research report on Thursday, June 20th. HSBC cut shares of Ryanair from a “buy” rating to a “hold” rating in a report on Friday, July 12th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Friday, May 24th. Seven analysts have rated the stock with a hold rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $158.50.

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.