Ryanair Holdings plc (NASDAQ:RYAAY) Receives $158.50 Average Price Target from Analysts

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) have been given a consensus recommendation of “Buy” by the four ratings firms that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $158.50.

A number of equities research analysts have commented on the stock. StockNews.com downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Friday, January 5th. Evercore ISI boosted their price objective on shares of Ryanair from $145.00 to $155.00 and gave the company an “in-line” rating in a research report on Thursday, April 4th.

Ryanair Stock Performance

Ryanair stock opened at $136.35 on Monday. The stock’s 50 day moving average is $141.58 and its 200 day moving average is $124.91. The company has a market capitalization of $31.09 billion, a P/E ratio of 14.04, a PEG ratio of 0.71 and a beta of 1.59. Ryanair has a twelve month low of $87.18 and a twelve month high of $150.73. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.32.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Monday, January 29th. The transportation company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.28). The firm had revenue of $2.91 billion for the quarter, compared to analysts’ expectations of $2.96 billion. Ryanair had a net margin of 15.64% and a return on equity of 29.39%. On average, equities research analysts predict that Ryanair will post 9.27 earnings per share for the current fiscal year.

Institutional Trading of Ryanair

Hedge funds have recently modified their holdings of the company. Capital International Investors grew its position in Ryanair by 1.3% in the fourth quarter. Capital International Investors now owns 10,687,236 shares of the transportation company’s stock worth $1,425,446,000 after acquiring an additional 137,935 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Ryanair by 2.6% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 10,320,082 shares of the transportation company’s stock worth $1,003,215,000 after purchasing an additional 259,703 shares during the period. Baillie Gifford & Co. increased its position in shares of Ryanair by 14.6% during the 4th quarter. Baillie Gifford & Co. now owns 9,389,236 shares of the transportation company’s stock valued at $1,252,149,000 after purchasing an additional 1,197,812 shares during the last quarter. Capital World Investors raised its holdings in Ryanair by 90.8% during the 4th quarter. Capital World Investors now owns 9,294,414 shares of the transportation company’s stock valued at $1,239,503,000 after buying an additional 4,424,400 shares during the period. Finally, Lazard Asset Management LLC lifted its position in Ryanair by 5.7% in the fourth quarter. Lazard Asset Management LLC now owns 6,292,044 shares of the transportation company’s stock worth $470,392,000 after buying an additional 337,122 shares during the last quarter. 43.66% of the stock is owned by hedge funds and other institutional investors.

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.