Ryanair Holdings plc (NASDAQ:RYAAY) Receives $151.00 Consensus Target Price from Brokerages

Ryanair Holdings plc (NASDAQ:RYAAY) has been given an average recommendation of “Moderate Buy” by the nine analysts that are currently covering the stock, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and three have given a strong buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $151.00.

RYAAY has been the topic of a number of recent analyst reports. UBS Group raised shares of Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. StockNews.com raised Ryanair from a “hold” rating to a “buy” rating in a research note on Thursday, November 14th. Finally, Barclays raised Ryanair from an “equal weight” rating to an “overweight” rating in a research report on Friday, October 25th.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Paradigm Asset Management Co. LLC grew its position in shares of Ryanair by 87.5% in the 3rd quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company’s stock worth $34,000 after buying an additional 350 shares during the period. GAMMA Investing LLC grew its holdings in Ryanair by 261.5% in the third quarter. GAMMA Investing LLC now owns 893 shares of the transportation company’s stock worth $40,000 after purchasing an additional 646 shares during the period. Signaturefd LLC grew its holdings in Ryanair by 153.1% in the third quarter. Signaturefd LLC now owns 891 shares of the transportation company’s stock worth $40,000 after purchasing an additional 539 shares during the period. TD Private Client Wealth LLC increased its stake in shares of Ryanair by 148.6% during the third quarter. TD Private Client Wealth LLC now owns 1,186 shares of the transportation company’s stock valued at $54,000 after purchasing an additional 709 shares in the last quarter. Finally, Fortitude Family Office LLC purchased a new position in shares of Ryanair during the third quarter valued at approximately $57,000. Institutional investors own 43.66% of the company’s stock.

Ryanair Stock Up 0.9 %

RYAAY opened at $43.14 on Friday. Ryanair has a 12 month low of $36.96 and a 12 month high of $60.29. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.22. The business’s 50-day moving average price is $44.71 and its 200-day moving average price is $77.44. The company has a market cap of $23.38 billion, a P/E ratio of 14.38, a P/E/G ratio of 2.62 and a beta of 1.50.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings results on Monday, November 4th. The transportation company reported $2.82 EPS for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.09). Ryanair had a return on equity of 19.92% and a net margin of 11.38%. The company had revenue of $5.57 billion during the quarter, compared to analysts’ expectations of $5.59 billion. During the same period last year, the firm earned $2.88 earnings per share. On average, equities analysts expect that Ryanair will post 2.97 EPS for the current year.

Ryanair Dividend Announcement

The business also recently declared a — dividend, which will be paid on Monday, March 10th. Investors of record on Friday, January 17th will be given a dividend of $0.4677 per share. This represents a dividend yield of 4.2%. The ex-dividend date is Friday, January 17th. Ryanair’s dividend payout ratio is currently 33.33%.

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.