Ryanair (NASDAQ:RYAAY) Stock Rating Upgraded by UBS Group

UBS Group upgraded shares of Ryanair (NASDAQ:RYAAY) from a hold rating to a strong-buy rating in a research report report published on Monday morning,Zacks.com reports.

A number of other brokerages have also weighed in on RYAAY. Barclays upgraded shares of Ryanair from an “equal weight” rating to an “overweight” rating in a research report on Friday, October 25th. Sanford C. Bernstein dropped their price objective on shares of Ryanair from $149.00 to $147.00 and set an “outperform” rating for the company in a research note on Thursday, August 29th. StockNews.com raised shares of Ryanair from a “hold” rating to a “buy” rating in a research note on Tuesday, November 5th. The Goldman Sachs Group upgraded Ryanair to a “strong-buy” rating in a report on Friday, August 9th. Finally, Citigroup raised Ryanair to a “strong-buy” rating in a research report on Friday, August 2nd. Four analysts have rated the stock with a hold rating, three have given a buy rating and four have issued a strong buy rating to the company. Based on data from MarketBeat.com, Ryanair presently has an average rating of “Buy” and a consensus target price of $154.67.

Ryanair Trading Down 1.9 %

NASDAQ:RYAAY opened at $45.47 on Monday. 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 company has a market cap of $24.88 billion, a PE ratio of 15.16, a price-to-earnings-growth ratio of 2.67 and a beta of 1.54. The company has a 50 day simple moving average of $70.28 and a two-hundred day simple moving average of $99.88. Ryanair has a 12 month low of $36.96 and a 12 month high of $60.29.

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

Hedge Funds Weigh In On Ryanair

A number of institutional investors have recently bought and sold shares of RYAAY. BNP Paribas Financial Markets increased its holdings in Ryanair by 231.0% in the first quarter. BNP Paribas Financial Markets now owns 4,713 shares of the transportation company’s stock valued at $686,000 after buying an additional 3,289 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in Ryanair by 2.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 8,876 shares of the transportation company’s stock valued at $1,292,000 after buying an additional 232 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its position in Ryanair by 5.5% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 5,904 shares of the transportation company’s stock worth $860,000 after purchasing an additional 307 shares during the last quarter. US Bancorp DE lifted its holdings in Ryanair by 2.1% in the first quarter. US Bancorp DE now owns 14,954 shares of the transportation company’s stock valued at $2,177,000 after acquiring an additional 305 shares during the last quarter. Finally, Bleakley Financial Group LLC grew its holdings in shares of Ryanair by 12.7% during the 1st quarter. Bleakley Financial Group LLC now owns 9,282 shares of the transportation company’s stock worth $1,351,000 after purchasing an additional 1,047 shares during the period. 43.66% of the stock is owned by hedge funds and other institutional investors.

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.