Ryanair (NASDAQ:RYAAY) Posts Earnings Results, Misses Expectations By $0.09 EPS

Ryanair (NASDAQ:RYAAY) issued its quarterly earnings data on Monday. The transportation company reported $2.82 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.09), Zacks reports. Ryanair had a return on equity of 20.01% and a net margin of 11.38%. The business had revenue of $5.57 billion during the quarter, compared to analysts’ expectations of $5.59 billion. During the same quarter last year, the business posted $2.88 EPS.

Ryanair Stock Performance

Shares of RYAAY stock traded up $1.31 during mid-day trading on Thursday, reaching $47.19. 278,228 shares of the company’s stock traded hands, compared to its average volume of 1,618,192. 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 12 month low of $36.96 and a 12 month high of $60.29. The firm has a 50 day moving average price of $74.14 and a two-hundred day moving average price of $102.14. The firm has a market capitalization of $25.82 billion, a PE ratio of 15.29, a price-to-earnings-growth ratio of 2.58 and a beta of 1.54.

Analysts Set New Price Targets

RYAAY has been the topic of a number of research analyst reports. Sanford C. Bernstein reduced their target price on Ryanair from $149.00 to $147.00 and set an “outperform” rating on the stock in a research note on Thursday, August 29th. StockNews.com upgraded shares of Ryanair from a “hold” rating to a “buy” rating in a report on Tuesday. HSBC lowered shares of Ryanair from a “buy” rating to a “hold” rating in a report on Friday, July 12th. Hsbc Global Res upgraded shares of Ryanair to a “hold” rating in a report on Friday, July 12th. Finally, Barclays upgraded shares of Ryanair from an “equal weight” rating to an “overweight” rating in a report on Friday, October 25th. Five research analysts have rated the stock with a hold rating, three have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Ryanair presently has an average rating of “Moderate Buy” and a consensus target price of $154.67.

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.