Analysts Set Ryanair Holdings plc (NASDAQ:RYAAY) Target Price at $154.67

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) have been given a consensus recommendation of “Buy” by the ten analysts that are covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and four have given a strong buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $154.67.

Several research firms have weighed in on RYAAY. The Goldman Sachs Group upgraded Ryanair to a “strong-buy” rating in a research report on Friday, August 9th. Barclays raised shares of Ryanair from an “equal weight” rating to an “overweight” rating in a report on Friday, October 25th. Citigroup raised shares of Ryanair to a “strong-buy” rating in a report on Friday, August 2nd. Sanford C. Bernstein cut their price target on Ryanair from $149.00 to $147.00 and set an “outperform” rating for the company in a research note on Thursday, August 29th. Finally, StockNews.com raised Ryanair from a “hold” rating to a “buy” rating in a report on Thursday, November 14th.

Ryanair Price Performance

Shares of NASDAQ RYAAY opened at $42.88 on Friday. Ryanair has a twelve month low of $36.96 and a twelve month high of $60.29. The company has a market cap of $23.33 billion, a PE ratio of 14.29, a price-to-earnings-growth ratio of 2.60 and a beta of 1.54. The business’s 50 day moving average price is $59.58 and its two-hundred day moving average price is $95.19. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.22.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings data 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). The company had revenue of $5.57 billion for the quarter, compared to analyst estimates of $5.59 billion. Ryanair had a return on equity of 19.92% and a net margin of 11.38%. During the same quarter last year, the business earned $2.88 earnings per share. On average, analysts predict that Ryanair will post 2.97 EPS for the current year.

Institutional Investors Weigh In On Ryanair

Several large investors have recently modified their holdings of the stock. Transcendent Capital Group LLC purchased a new stake in Ryanair in the 1st quarter worth approximately $29,000. Paradigm Asset Management Co. LLC grew its position in Ryanair by 87.5% during the third 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 in the last quarter. GAMMA Investing LLC increased its stake in Ryanair by 261.5% in the 3rd quarter. GAMMA Investing LLC now owns 893 shares of the transportation company’s stock worth $40,000 after acquiring an additional 646 shares during the last quarter. Signaturefd LLC raised its holdings in shares of Ryanair by 153.1% in the 3rd quarter. Signaturefd LLC now owns 891 shares of the transportation company’s stock valued at $40,000 after acquiring an additional 539 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Ryanair by 256.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 299 shares of the transportation company’s stock valued at $41,000 after acquiring an additional 215 shares during the last quarter. Hedge funds and other institutional investors own 43.66% of the company’s stock.

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.