Ryanair Holdings plc (NASDAQ:RYAAY) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) have been given a consensus recommendation of “Moderate Buy” by the ten brokerages that are currently covering the stock, MarketBeat reports. Six investment analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and three have issued a strong buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $154.67.

RYAAY has been the subject of a number of recent analyst reports. Sanford C. Bernstein lowered their price objective on Ryanair from $149.00 to $147.00 and set an “outperform” rating for the company in a research report on Thursday, August 29th. Hsbc Global Res raised Ryanair to a “hold” rating in a report on Friday, July 12th. UBS Group downgraded shares of Ryanair from a “buy” rating to a “neutral” rating in a report on Thursday, June 20th. The Goldman Sachs Group upgraded shares of Ryanair to a “strong-buy” rating in a research note on Friday, August 9th. Finally, Barclays lowered shares of Ryanair from an “overweight” rating to an “equal weight” rating in a research note on Friday, June 21st.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Capital World Investors boosted its holdings in Ryanair by 90.8% in the fourth quarter. Capital World Investors now owns 9,294,414 shares of the transportation company’s stock valued at $1,239,503,000 after purchasing an additional 4,424,400 shares during the last quarter. Capital International Investors lifted its holdings in shares of Ryanair by 34.9% in the 1st quarter. Capital International Investors now owns 14,422,006 shares of the transportation company’s stock valued at $2,099,700,000 after buying an additional 3,734,770 shares during the period. Mackenzie Financial Corp boosted its stake in shares of Ryanair by 826.7% in the second quarter. Mackenzie Financial Corp now owns 621,773 shares of the transportation company’s stock worth $72,399,000 after buying an additional 554,680 shares during the last quarter. Metropolis Capital Ltd grew its holdings in Ryanair by 93.0% during the first quarter. Metropolis Capital Ltd now owns 1,083,124 shares of the transportation company’s stock worth $157,692,000 after acquiring an additional 521,913 shares during the period. Finally, Fiduciary Management Inc. WI raised its position in Ryanair by 58.7% during the fourth quarter. Fiduciary Management Inc. WI now owns 1,065,800 shares of the transportation company’s stock valued at $142,135,000 after acquiring an additional 394,300 shares in the last quarter. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Ryanair Stock Down 3.0 %

NASDAQ:RYAAY opened at $43.01 on Thursday. The company’s 50-day simple moving average is $102.88 and its 200-day simple moving average is $119.48. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.93 and a current ratio of 0.93. Ryanair has a fifty-two week low of $34.87 and a fifty-two week high of $60.29. The stock has a market capitalization of $9.48 billion, a P/E ratio of 4.72, a P/E/G ratio of 2.63 and a beta of 1.55.

Ryanair (NASDAQ:RYAAY) last announced its earnings results on Monday, July 22nd. The transportation company reported $1.69 earnings per share for the quarter, missing the consensus estimate of $2.89 by ($1.20). Ryanair had a net margin of 12.07% and a return on equity of 20.43%. The firm had revenue of $3.90 billion during the quarter, compared to analyst estimates of $4.32 billion. On average, equities analysts anticipate that Ryanair will post 7.35 earnings per share for the current fiscal year.

Ryanair Cuts Dividend

The firm also recently declared a Variable dividend, which was paid on Thursday, September 26th. Investors of record on Friday, August 9th were issued a $0.692 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a yield of 1.8%. Ryanair’s dividend payout ratio (DPR) is presently 28.40%.

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.