Ryanair Holdings plc (NASDAQ:RYAAY) Receives $154.67 Consensus Price Target from Analysts

Ryanair Holdings plc (NASDAQ:RYAAY - Get Free Report) has been given a consensus rating of "Buy" by the ten analysts that are covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation, two have given a buy recommendation and four have assigned a strong buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $154.67.

A number of equities research analysts recently commented on the stock. StockNews.com upgraded shares of Ryanair from a "hold" rating to a "buy" rating in a report on Thursday. UBS Group raised Ryanair from a "hold" rating to a "strong-buy" rating in a research report on Monday. Citigroup raised Ryanair to a "strong-buy" rating in a research report on Friday, August 2nd. Sanford C. Bernstein reduced their price target on Ryanair from $149.00 to $147.00 and set an "outperform" rating for the company in a research report on Thursday, August 29th. Finally, The Goldman Sachs Group raised shares of Ryanair to a "strong-buy" rating in a research note on Friday, August 9th.

Ryanair Price Performance

RYAAY traded down $0.21 during midday trading on Friday, hitting $44.87. The company had a trading volume of 986,859 shares, compared to its average volume of 1,614,651. The company has a market capitalization of $24.55 billion, a PE ratio of 14.98, a P/E/G ratio of 2.57 and a beta of 1.54. 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 50-day simple moving average is $66.30 and its 200-day simple moving average is $98.46. Ryanair has a twelve month low of $36.96 and a twelve month high of $60.29.

Ryanair (NASDAQ:RYAAY - Get Free Report) last released its 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). The business had revenue of $5.57 billion for the quarter, compared to analyst estimates of $5.59 billion. Ryanair had a return on equity of 19.92% and a net margin of 11.38%. During the same period in the prior year, the firm posted $2.88 EPS. Equities research analysts predict that Ryanair will post 2.97 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Transcendent Capital Group LLC acquired a new position in Ryanair during the first quarter valued at approximately $29,000. Paradigm Asset Management Co. LLC raised its holdings in shares of Ryanair by 87.5% during the 3rd quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company's stock worth $34,000 after buying an additional 350 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Ryanair by 261.5% during the 3rd quarter. GAMMA Investing LLC now owns 893 shares of the transportation company's stock worth $40,000 after buying an additional 646 shares during the last quarter. Signaturefd LLC boosted its stake in Ryanair by 153.1% in the third quarter. Signaturefd LLC now owns 891 shares of the transportation company's stock valued at $40,000 after buying an additional 539 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in 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 acquiring an additional 215 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company's stock.

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.