Ryanair Holdings plc (NASDAQ:RYAAY) Receives $151.00 Average PT from Brokerages

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) have been assigned an average rating of “Moderate Buy” from the nine brokerages that are presently covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and three have given a strong buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $151.00.

Separately, StockNews.com cut shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Thursday, February 6th.

Hedge Funds Weigh In On Ryanair

A number of institutional investors and hedge funds have recently made changes to their positions in RYAAY. National Bank of Canada FI grew its position in Ryanair by 198.6% during the 4th quarter. National Bank of Canada FI now owns 657 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 437 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Ryanair by 32.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company’s stock worth $42,000 after buying an additional 236 shares in the last quarter. R Squared Ltd bought a new position in shares of Ryanair in the fourth quarter worth approximately $42,000. Redwood Park Advisors LLC purchased a new stake in shares of Ryanair during the fourth quarter valued at approximately $43,000. Finally, Pinnacle Bancorp Inc. increased its position in shares of Ryanair by 150.0% during the fourth quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company’s stock valued at $47,000 after acquiring an additional 645 shares in the last quarter. Institutional investors own 43.66% of the company’s stock.

Ryanair Price Performance

RYAAY opened at $46.18 on Thursday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 0.86. The stock has a market capitalization of $24.63 billion, a PE ratio of 14.16, a price-to-earnings-growth ratio of 2.01 and a beta of 1.46. The stock’s 50 day moving average price is $45.96 and its 200-day moving average price is $53.53. Ryanair has a 52-week low of $36.96 and a 52-week high of $60.29.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.20. Ryanair had a net margin of 12.14% and a return on equity of 21.46%. On average, equities research analysts predict that Ryanair will post 3.09 EPS for the current year.

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.