Ryanair (RYAAY) Expected to Post Quarterly Earnings on Monday

Ryanair (NASDAQ:RYAAY) is projected to post its results before the market opens on Monday, November 2nd. Analysts expect Ryanair to announce earnings of $3.47 per share and revenue of $6.50 billion for the quarter.

Ryanair Price Performance

NASDAQ:RYAAY opened at $53.72 on Friday. The firm has a market capitalization of $27.82 billion, a PE ratio of 12.27, a price-to-earnings-growth ratio of 4.37 and a beta of 1.19. The business’s fifty day moving average price is $54.20 and its 200 day moving average price is $59.85. Ryanair has a 12 month low of $51.02 and a 12 month high of $74.24.

Analyst Upgrades and Downgrades

RYAAY has been the subject of several analyst reports. Weiss Ratings cut Ryanair from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, September 4th. Barclays lowered Ryanair from an “overweight” rating to an “equal weight” rating in a research report on Friday, October 9th. Raymond James Financial restated a “strong-buy” rating and set a $74.00 target price on shares of Ryanair in a research note on Monday, August 24th. Oddo Bhf cut Ryanair from an “outperform” rating to an “underperform” rating in a research note on Wednesday. Finally, Morgan Stanley began coverage on Ryanair in a report on Friday, August 14th. They issued an “overweight” rating and a $62.90 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Ryanair presently has an average rating of “Moderate Buy” and a consensus target price of $73.97.

About Ryanair

Ryanair Holdings plc is an Ireland-based airline group and the parent company of Ryanair, one of Europe’s largest low-cost carriers. The group operates a primarily short-haul network focused on affordable air travel, offering scheduled passenger flights, seat reservations, priority boarding, and related travel services.

Ryanair’s airline operations include Ryanair DAC, Malta Air, Buzz, Lauda, and Ryanair UK. Together, these carriers serve destinations across Europe and selected markets in North Africa and the Middle East, connecting major cities and regional airports through a point-to-point route network.