Ryanair (NASDAQ:RYAAY) Upgraded at StockNews.com

StockNews.com upgraded shares of Ryanair (NASDAQ:RYAAY) from a hold rating to a buy rating in a report issued on Thursday morning.

A number of other brokerages have also issued reports on RYAAY. Citigroup upgraded shares of Ryanair to a “strong-buy” rating in a research note on Friday, August 2nd. Barclays raised Ryanair from an “equal weight” rating to an “overweight” rating in a research report on Friday, October 25th. UBS Group raised Ryanair from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 11th. The Goldman Sachs Group raised Ryanair to a “strong-buy” rating in a report on Friday, August 9th. Finally, Sanford C. Bernstein decreased their target price on Ryanair from $149.00 to $147.00 and set an “outperform” rating for the company in a report on Thursday, August 29th. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and four have given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $154.67.

Ryanair Stock Performance

Shares of RYAAY opened at $44.87 on Thursday. 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 firm has a market cap of $24.55 billion, a PE ratio of 14.96, a P/E/G ratio of 2.59 and a beta of 1.54. Ryanair has a 12 month low of $36.96 and a 12 month high of $60.29. The stock has a fifty day moving average price of $64.95 and a 200-day moving average price of $97.54.

Ryanair (NASDAQ:RYAAY) last released 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 net margin of 11.38% and a return on equity of 19.92%. 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 earnings per share. Equities research analysts predict that Ryanair will post 2.97 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Massachusetts Financial Services Co. MA raised its position in shares of Ryanair by 188.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 27,263,436 shares of the transportation company’s stock worth $1,231,762,000 after acquiring an additional 17,810,361 shares during the period. Baillie Gifford & Co. increased its stake in shares of Ryanair by 175.7% in the 3rd quarter. Baillie Gifford & Co. now owns 23,548,902 shares of the transportation company’s stock valued at $1,063,939,000 after purchasing an additional 15,008,023 shares in the last quarter. Janus Henderson Group PLC raised its holdings in Ryanair by 169.7% in the 3rd quarter. Janus Henderson Group PLC now owns 6,305,368 shares of the transportation company’s stock worth $284,893,000 after purchasing an additional 3,967,436 shares during the period. Capital International Investors boosted its position in Ryanair by 34.9% during the first quarter. Capital International Investors now owns 14,422,006 shares of the transportation company’s stock worth $2,099,700,000 after purchasing an additional 3,734,770 shares in the last quarter. Finally, Capital World Investors grew its holdings in Ryanair by 30.0% in the first quarter. Capital World Investors now owns 12,085,927 shares of the transportation company’s stock valued at $1,759,590,000 after purchasing an additional 2,791,513 shares during the period. 43.66% of the stock is owned by institutional investors and hedge funds.

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.