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

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) have been given a consensus rating of “Moderate Buy” by the nine brokerages that are currently covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation, two have given a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $151.00.

Several research firms recently commented on RYAAY. StockNews.com raised Ryanair from a “hold” rating to a “buy” rating in a research note on Thursday, November 14th. UBS Group upgraded shares of Ryanair from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th. Finally, Barclays upgraded shares of Ryanair from an “equal weight” rating to an “overweight” rating in a research report on Friday, October 25th.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Mackenzie Financial Corp lifted its position in shares of Ryanair by 826.7% during the 2nd quarter. Mackenzie Financial Corp now owns 621,773 shares of the transportation company’s stock worth $72,399,000 after buying an additional 554,680 shares in the last quarter. Scientech Research LLC increased its position in shares of Ryanair by 306.5% during the second quarter. Scientech Research LLC now owns 7,260 shares of the transportation company’s stock valued at $845,000 after acquiring an additional 5,474 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in Ryanair by 149.1% during the third quarter. Janney Montgomery Scott LLC now owns 19,055 shares of the transportation company’s stock worth $861,000 after acquiring an additional 11,404 shares during the period. Charles Schwab Investment Management Inc. purchased a new position in Ryanair in the third quarter worth $4,067,000. Finally, Natixis Advisors LLC grew its stake in Ryanair by 12.4% in the 3rd quarter. Natixis Advisors LLC now owns 393,030 shares of the transportation company’s stock valued at $17,757,000 after purchasing an additional 43,449 shares during the period. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Ryanair Trading Down 1.1 %

NASDAQ:RYAAY opened at $44.50 on Friday. Ryanair has a 52 week low of $36.96 and a 52 week high of $60.29. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.81 and a current ratio of 0.81. The firm’s fifty day moving average is $44.66 and its 200-day moving average is $76.24. The firm has a market cap of $24.12 billion, a P/E ratio of 14.83, a P/E/G ratio of 2.62 and a beta of 1.50.

Ryanair (NASDAQ:RYAAY) last issued 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 firm had revenue of $5.57 billion for the quarter, compared to the consensus estimate of $5.59 billion. During the same period last year, the company posted $2.88 EPS. Equities analysts expect that Ryanair will post 2.97 earnings per share for the current year.

Ryanair Dividend Announcement

The firm also recently declared a — dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, January 17th will be paid a dividend of $0.4677 per share. The ex-dividend date of this dividend is Friday, January 17th. This represents a yield of 4.2%. Ryanair’s dividend payout ratio (DPR) is presently 33.33%.

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.