Ryanair Holdings plc (NASDAQ:RYAAY) Receives $147.00 Average PT from Brokerages

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) have earned an average rating of “Buy” from the eight ratings firms that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and three have given a strong buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $147.00.

A number of equities research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Ryanair from a “hold” rating to a “buy” rating in a report on Thursday, March 27th. StockNews.com cut Ryanair from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th.

Hedge Funds Weigh In On Ryanair

Hedge funds and other institutional investors have recently modified their holdings of the company. Janney Montgomery Scott LLC increased its stake in shares of Ryanair by 9.8% during the first quarter. Janney Montgomery Scott LLC now owns 20,510 shares of the transportation company’s stock valued at $869,000 after buying an additional 1,824 shares during the period. Ritholtz Wealth Management bought a new position in Ryanair in the 1st quarter worth $215,000. Metropolis Capital Ltd lifted its position in shares of Ryanair by 3.5% in the 1st quarter. Metropolis Capital Ltd now owns 4,753,672 shares of the transportation company’s stock worth $201,413,000 after purchasing an additional 160,542 shares during the period. SG Americas Securities LLC lifted its position 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 worth $3,635,000 after purchasing an additional 240 shares during the period. Finally, GAMMA Investing LLC increased its position in shares of Ryanair by 13.2% during the first quarter. GAMMA Investing LLC now owns 2,278 shares of the transportation company’s stock valued at $97,000 after buying an additional 265 shares during the period. 43.66% of the stock is owned by institutional investors.

Ryanair Stock Up 1.1 %

Shares of NASDAQ:RYAAY opened at $45.68 on Monday. The firm has a market capitalization of $24.30 billion, a PE ratio of 14.00, a price-to-earnings-growth ratio of 2.01 and a beta of 1.41. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 0.86. Ryanair has a 52-week low of $36.96 and a 52-week high of $57.48. The firm has a fifty day moving average of $45.25 and a 200 day moving average of $44.87.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Monday, February 3rd. The transportation company reported $0.29 EPS for the quarter, beating 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%. As a group, research analysts anticipate that Ryanair will post 3.09 EPS for the current fiscal year.

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.