Crossmark Global Holdings Inc. grew its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 381.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,037 shares of the transportation company's stock after buying an additional 25,379 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in Ryanair were worth $1,448,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of RYAAY. Transcendent Capital Group LLC purchased a new position in Ryanair in the 1st quarter worth approximately $29,000. EverSource Wealth Advisors LLC boosted its stake in shares of Ryanair by 256.0% in the first quarter. EverSource Wealth Advisors LLC now owns 299 shares of the transportation company's stock valued at $41,000 after purchasing an additional 215 shares during the period. Advisors Asset Management Inc. acquired a new stake in Ryanair during the 1st quarter valued at $50,000. Ridgewood Investments LLC purchased a new stake in Ryanair during the 2nd quarter worth $50,000. Finally, Signaturefd LLC lifted its holdings in Ryanair by 153.1% in the 3rd quarter. Signaturefd LLC now owns 891 shares of the transportation company's stock worth $40,000 after buying an additional 539 shares in the last quarter. 43.66% of the stock is currently owned by hedge funds and other institutional investors.
Ryanair Trading Up 1.1 %
Shares of NASDAQ RYAAY traded up $0.50 during mid-day trading on Thursday, hitting $45.08. 1,475,060 shares of the company traded hands, compared to its average volume of 1,617,492. The business has a 50 day moving average of $67.66 and a two-hundred day moving average of $98.84. The stock has a market capitalization of $24.66 billion, a price-to-earnings ratio of 14.86, a PEG ratio of 2.62 and a beta of 1.54. Ryanair Holdings plc has a 1 year low of $36.96 and a 1 year high of $60.29. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.22.
Ryanair (NASDAQ:RYAAY - Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The transportation company reported $2.82 earnings per share for the quarter, missing the consensus estimate of $2.91 by ($0.09). Ryanair had a net margin of 11.38% and a return on equity of 19.92%. The business had revenue of $5.57 billion for the quarter, compared to analyst estimates of $5.59 billion. During the same period in the previous year, the firm posted $2.88 earnings per share. On average, sell-side analysts anticipate that Ryanair Holdings plc will post 2.97 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the company. StockNews.com raised Ryanair from a "hold" rating to a "buy" rating in a research report on Tuesday, November 5th. Sanford C. Bernstein decreased their price objective on shares of Ryanair from $149.00 to $147.00 and set an "outperform" rating for the company in a report on Thursday, August 29th. UBS Group upgraded Ryanair from a "hold" rating to a "strong-buy" rating in a report on Monday. Barclays raised shares of Ryanair from an "equal weight" rating to an "overweight" rating in a report on Friday, October 25th. Finally, The Goldman Sachs Group upgraded Ryanair to a "strong-buy" rating in a research report on Friday, August 9th. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and four have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $154.67.
View Our Latest Stock Analysis on RYAAY
About Ryanair
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Free Report)
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.
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