Ryanair (NASDAQ:RYAAY) Shares Gap Up to $135.81

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) gapped up prior to trading on Wednesday . The stock had previously closed at $135.81, but opened at $139.25. Ryanair shares last traded at $137.29, with a volume of 106,075 shares trading hands.

Wall Street Analysts Forecast Growth

RYAAY has been the topic of several recent analyst reports. Evercore ISI boosted their price target on Ryanair from $145.00 to $155.00 and gave the company an “in-line” rating in a research note on Thursday, April 4th. StockNews.com lowered Ryanair from a “buy” rating to a “hold” rating in a research note on Friday, January 5th. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $158.50.

Ryanair Stock Down 0.7 %

The business has a fifty day moving average of $141.51 and a 200 day moving average of $124.98. The firm has a market cap of $30.87 billion, a P/E ratio of 13.94, a P/E/G ratio of 0.69 and a beta of 1.59. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.32.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings data on Monday, January 29th. The transportation company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.28). The company had revenue of $2.91 billion during the quarter, compared to the consensus estimate of $2.96 billion. Ryanair had a net margin of 15.64% and a return on equity of 29.39%. On average, equities research analysts predict that Ryanair Holdings plc will post 9.22 EPS for the current year.

Institutional Investors Weigh In On Ryanair

A number of hedge funds have recently modified their holdings of the business. Cornerstone Planning Group LLC grew its holdings in shares of Ryanair by 1,523.5% during the third quarter. Cornerstone Planning Group LLC now owns 276 shares of the transportation company’s stock worth $27,000 after buying an additional 259 shares in the last quarter. Bruce G. Allen Investments LLC bought a new position in shares of Ryanair during the fourth quarter worth about $31,000. Advisors Preferred LLC bought a new position in shares of Ryanair during the fourth quarter worth about $31,000. GAMMA Investing LLC grew its holdings in shares of Ryanair by 44.9% during the first quarter. GAMMA Investing LLC now owns 242 shares of the transportation company’s stock worth $35,000 after buying an additional 75 shares in the last quarter. Finally, Tucker Asset Management LLC bought a new position in Ryanair in the third quarter valued at approximately $39,000. Institutional investors and hedge funds 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.