Ryanair (NASDAQ:RYAAY) Issues Quarterly Earnings Results

Ryanair (NASDAQ:RYAAY) issued its quarterly earnings results on Monday. The transportation company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.09 by $0.20, Zacks reports. Ryanair had a net margin of 12.14% and a return on equity of 21.46%.

Ryanair Trading Up 1.6 %

Shares of RYAAY stock opened at $47.11 on Wednesday. Ryanair has a fifty-two week low of $36.96 and a fifty-two week high of $60.29. 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 business has a fifty day simple moving average of $44.50 and a 200-day simple moving average of $66.66. The stock has a market cap of $25.46 billion, a P/E ratio of 14.44, a P/E/G ratio of 2.09 and a beta of 1.50.

Ryanair Dividend Announcement

The company also recently disclosed a — dividend, which will be paid on Monday, March 10th. Investors of record on Friday, January 17th will be paid a $0.4677 dividend. This represents a yield of 4.2%. The ex-dividend date is Friday, January 17th. Ryanair’s payout ratio is currently 30.66%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on RYAAY shares. Barclays raised shares of Ryanair from an “equal weight” rating to an “overweight” rating in a research report on Friday, October 25th. UBS Group upgraded shares of Ryanair from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th. Finally, StockNews.com lowered shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Five research analysts have rated the stock with a hold rating, two have assigned a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Ryanair presently has a consensus rating of “Moderate Buy” and an average price target of $151.00.

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.