Ryanair (NASDAQ:RYAAY) Posts Earnings Results, Beats Estimates By $0.24 EPS

Ryanair (NASDAQ:RYAAY) posted its quarterly earnings data on Monday. The transportation company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.24, Zacks reports. Ryanair had a net margin of 11.38% and a return on equity of 19.92%.

Ryanair Stock Up 0.2 %

RYAAY stock opened at $46.22 on Tuesday. The firm has a market cap of $24.98 billion, a PE ratio of 15.41, a PEG ratio of 1.97 and a beta of 1.50. Ryanair has a one year low of $36.96 and a one year high of $60.29. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.81 and a current ratio of 0.81. The firm’s 50 day moving average price is $44.13 and its 200-day moving average price is $69.71.

Ryanair Announces Dividend

The company also recently declared a — dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, January 17th will be paid a $0.4677 dividend. The ex-dividend date is Friday, January 17th. This represents a dividend yield of 4.2%. Ryanair’s dividend payout ratio (DPR) is 33.33%.

Analyst Ratings Changes

RYAAY has been the subject of several research reports. StockNews.com upgraded Ryanair from a “hold” rating to a “buy” rating in a research note on Thursday, November 14th. Barclays upgraded Ryanair from an “equal weight” rating to an “overweight” rating in a research report on Friday, October 25th. Finally, UBS Group upgraded Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. Four research analysts have rated the stock with a hold rating, three have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $151.00.

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.