Ryanair (NASDAQ:RYAAY) Upgraded by UBS Group to Strong-Buy Rating

Ryanair (NASDAQ:RYAAY - Get Free Report) was upgraded by analysts at UBS Group from a "hold" rating to a "strong-buy" rating in a report released on Monday,Zacks.com reports.

A number of other research analysts have also recently commented on the company. Sanford C. Bernstein decreased their price target on Ryanair from $149.00 to $147.00 and set an "outperform" rating on the stock in a research report on Thursday, August 29th. Citigroup raised shares of Ryanair to a "strong-buy" rating in a report on Friday, August 2nd. StockNews.com raised shares of Ryanair from a "hold" rating to a "buy" rating in a report on Tuesday, November 5th. Barclays raised shares of Ryanair from an "equal weight" rating to an "overweight" rating in a research note on Friday, October 25th. Finally, The Goldman Sachs Group upgraded Ryanair to a "strong-buy" rating in a research note 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 given a strong buy rating to the stock. Based on data from MarketBeat.com, Ryanair currently has a consensus rating of "Buy" and a consensus target price of $154.67.

Ryanair Stock Performance

RYAAY traded down $0.89 during trading hours on Monday, reaching $44.58. The company's stock had a trading volume of 1,329,135 shares, compared to its average volume of 1,618,139. 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 company's 50-day moving average is $68.96 and its 200-day moving average is $99.22. Ryanair has a 52 week low of $36.96 and a 52 week high of $60.29. The firm has a market cap of $24.39 billion, a PE ratio of 14.86, a price-to-earnings-growth ratio of 2.62 and a beta of 1.54.

Ryanair (NASDAQ:RYAAY - Get Free Report) last released 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 company had revenue of $5.57 billion during the quarter, compared to the consensus estimate of $5.59 billion. During the same period in the prior year, the company earned $2.88 earnings per share. On average, equities analysts forecast that Ryanair will post 2.97 EPS for the current year.

Institutional Investors Weigh In On Ryanair

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

Ryanair Company Profile

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.