Analysts Set Ryanair Holdings plc (NASDAQ:RYAAY) PT at $154.67

Ryanair Holdings plc (NASDAQ:RYAAY) has been given an average rating of “Moderate Buy” by the ten analysts that are presently covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and three have given a strong buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $154.67.

Several equities research analysts have recently commented on the company. Sanford C. Bernstein reduced their price objective on Ryanair from $149.00 to $147.00 and set an “outperform” rating for the company in a research note on Thursday, August 29th. Barclays lowered shares of Ryanair from an “overweight” rating to an “equal weight” rating in a report on Friday, June 21st. The Goldman Sachs Group raised Ryanair to a “strong-buy” rating in a research note on Friday, August 9th. Hsbc Global Res raised shares of Ryanair to a “hold” rating in a report on Friday, July 12th. Finally, UBS Group cut shares of Ryanair from a “buy” rating to a “neutral” rating in a research report on Thursday, June 20th.

Institutional Trading of Ryanair

A number of hedge funds have recently added to or reduced their stakes in the business. Transcendent Capital Group LLC purchased a new stake in shares of Ryanair during the 1st quarter worth $29,000. GAMMA Investing LLC boosted its holdings in shares of Ryanair by 44.9% in the 1st quarter. GAMMA Investing LLC now owns 242 shares of the transportation company’s stock valued at $35,000 after buying an additional 75 shares in the last quarter. Principal Securities Inc. purchased a new position in shares of Ryanair in the 4th quarter worth approximately $41,000. EverSource Wealth Advisors LLC lifted its position in Ryanair by 256.0% during the first quarter. EverSource Wealth Advisors LLC now owns 299 shares of the transportation company’s stock valued at $41,000 after acquiring an additional 215 shares during the last quarter. Finally, Advisors Asset Management Inc. acquired a new stake in Ryanair in the first quarter valued at approximately $50,000. 43.66% of the stock is owned by hedge funds and other institutional investors.

Ryanair Stock Performance

Shares of RYAAY stock opened at $112.39 on Friday. The firm has a market capitalization of $25.06 billion, a PE ratio of 12.32, a P/E/G ratio of 1.44 and a beta of 1.55. The company has a 50 day moving average price of $107.70 and a 200-day moving average price of $124.34. Ryanair has a 52 week low of $87.18 and a 52 week high of $150.73. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.32.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings data on Monday, July 22nd. The transportation company reported $1.69 EPS for the quarter, missing the consensus estimate of $2.89 by ($1.20). Ryanair had a return on equity of 20.43% and a net margin of 12.07%. The firm had revenue of $3.90 billion during the quarter, compared to the consensus estimate of $4.32 billion. As a group, equities research analysts expect that Ryanair will post 7.95 earnings per share for the current year.

Ryanair Cuts Dividend

The company also recently disclosed a Variable dividend, which will be paid on Thursday, September 26th. Shareholders of record on Friday, August 9th will be issued a dividend of $0.692 per share. The ex-dividend date is Friday, September 13th. This represents a yield of 1.8%. Ryanair’s payout ratio is currently 20.50%.

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.