Ryanair (NASDAQ:RYAAY) Cut to Hold at StockNews.com

StockNews.com lowered shares of Ryanair (NASDAQ:RYAAY) from a buy rating to a hold rating in a research report report published on Tuesday morning.

A number of other equities research analysts have also commented on the company. Barclays upgraded Ryanair from an “equal weight” rating to an “overweight” rating in a research report on Friday, October 25th. UBS Group upgraded 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 assigned a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $151.00.

Ryanair Price Performance

Shares of NASDAQ:RYAAY opened at $48.18 on Tuesday. The company has a market capitalization of $26.04 billion, a PE ratio of 14.77, a price-to-earnings-growth ratio of 2.10 and a beta of 1.50. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.81 and a current ratio of 0.86. The stock has a fifty day moving average of $44.26 and a 200-day moving average of $68.52. Ryanair has a one year low of $36.96 and a one year high of $60.29.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. As a group, equities analysts anticipate that Ryanair will post 3.05 EPS for the current fiscal year.

Ryanair Dividend Announcement

The firm also recently disclosed a — dividend, which will be paid on Monday, March 10th. Investors of record on Friday, January 17th will be given a dividend of $0.4677 per share. This represents a yield of 4.2%. The ex-dividend date is Friday, January 17th. Ryanair’s payout ratio is presently 30.66%.

Institutional Investors Weigh In On Ryanair

A number of large investors have recently bought and sold shares of RYAAY. Paradigm Asset Management Co. LLC raised its position in shares of Ryanair by 87.5% in the third quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 350 shares during the period. Signaturefd LLC raised its holdings in Ryanair by 153.1% in the 3rd quarter. Signaturefd LLC now owns 891 shares of the transportation company’s stock worth $40,000 after acquiring an additional 539 shares during the period. GAMMA Investing LLC lifted its position in Ryanair by 261.5% during the 3rd quarter. GAMMA Investing LLC now owns 893 shares of the transportation company’s stock worth $40,000 after acquiring an additional 646 shares during the last quarter. R Squared Ltd bought a new stake in Ryanair during the fourth quarter valued at about $42,000. Finally, Pinnacle Bancorp Inc. grew its position in shares of Ryanair by 150.0% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company’s stock valued at $47,000 after purchasing an additional 645 shares during the last quarter. 43.66% of the stock is currently owned by institutional investors.

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.