Ryanair (NASDAQ:RYAAY) Issues Quarterly Earnings Results, Beats Estimates By $0.20 EPS

Ryanair (NASDAQ:RYAAY) released its earnings results on Monday. The transportation company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.20, Zacks reports. Ryanair had a return on equity of 21.46% and a net margin of 12.14%.

Ryanair Price Performance

Shares of NASDAQ RYAAY opened at $47.11 on Wednesday. Ryanair has a fifty-two week low of $36.96 and a fifty-two week high of $60.29. The business has a 50 day moving average price of $44.50 and a two-hundred day moving average price of $66.66. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21. The firm has a market cap of $25.46 billion, a PE ratio of 14.44, a price-to-earnings-growth ratio of 2.09 and a beta of 1.50.

Ryanair Announces Dividend

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

Analyst Ratings Changes

RYAAY has been the topic of several recent analyst reports. Barclays upgraded Ryanair from an “equal weight” rating to an “overweight” rating in a research report on Friday, October 25th. UBS Group upgraded Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. Finally, StockNews.com downgraded Ryanair from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. Five research analysts have rated the stock with a hold rating, two have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $151.00.

Ryanair Company Profile

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.