Brokerages Set Ryanair Holdings plc (NASDAQ:RYAAY) PT at $147.00

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) have earned an average recommendation of “Buy” from the eight research firms that are currently covering the firm, MarketBeat Ratings reports. Two equities 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. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $147.00.

Several brokerages recently weighed in on RYAAY. Deutsche Bank Aktiengesellschaft upgraded Ryanair from a “hold” rating to a “buy” rating in a report on Thursday, March 27th. StockNews.com downgraded Ryanair from a “buy” rating to a “hold” rating in a research report on Thursday, February 6th.

Ryanair Trading Up 0.2 %

Shares of RYAAY stock opened at $45.18 on Monday. The business has a 50-day moving average price of $45.23 and a two-hundred day moving average price of $44.83. Ryanair has a 12-month low of $36.96 and a 12-month high of $57.48. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21. The firm has a market cap of $24.03 billion, a P/E ratio of 13.85, a price-to-earnings-growth ratio of 2.01 and a beta of 1.41.

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

Institutional Investors Weigh In On Ryanair

A number of large investors have recently made changes to their positions in RYAAY. Vident Advisory LLC lifted its holdings in Ryanair by 2.4% in the fourth quarter. Vident Advisory LLC now owns 10,006 shares of the transportation company’s stock worth $436,000 after buying an additional 230 shares during the period. EverSource Wealth Advisors LLC raised its position in shares of Ryanair by 32.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company’s stock worth $42,000 after acquiring an additional 236 shares in the last quarter. SG Americas Securities LLC lifted its stake in shares of Ryanair by 0.3% in the 1st quarter. SG Americas Securities LLC now owns 85,781 shares of the transportation company’s stock valued at $3,635,000 after purchasing an additional 240 shares during the period. Wilmington Savings Fund Society FSB boosted its position in shares of Ryanair by 8.3% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 3,369 shares of the transportation company’s stock valued at $147,000 after purchasing an additional 259 shares in the last quarter. Finally, Schechter Investment Advisors LLC grew its stake in Ryanair by 2.3% in the fourth quarter. Schechter Investment Advisors LLC now owns 11,584 shares of the transportation company’s stock worth $505,000 after purchasing an additional 261 shares during the period. 43.66% of the stock is currently owned by institutional investors.

About Ryanair

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.