BidaskClub downgraded shares of Ryanair (NASDAQ:RYAAY) from a sell rating to a strong sell rating in a research report report published on Tuesday, BidAskClub reports.

Other equities analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. set a €20.00 ($23.26) target price on shares of STMicroelectronics and gave the stock a buy rating in a report on Tuesday, May 21st. Canaccord Genuity reaffirmed a buy rating and set a $1.80 price target on shares of Meridian Bioscience in a report on Wednesday, June 5th. Deutsche Bank set a $261.00 price target on Vail Resorts and gave the company a buy rating in a report on Friday, June 7th. Raymond James reaffirmed a hold rating on shares of PrairieSky Royalty in a report on Thursday, July 11th. Finally, ValuEngine raised Zynerba Pharmaceuticals from a sell rating to a hold rating in a report on Monday, April 1st. Five equities research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of $75.33.

Shares of NASDAQ RYAAY opened at $64.31 on Tuesday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.64. The stock has a 50-day simple moving average of $64.83. Ryanair has a 52-week low of $60.83 and a 52-week high of $117.93. The company has a market capitalization of $15.06 billion, a PE ratio of 12.51 and a beta of 0.79.

Ryanair (NASDAQ:RYAAY) last issued its earnings results on Monday, May 20th. The transportation company reported ($0.74) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.64) by ($0.10). Ryanair had a return on equity of 20.34% and a net margin of 11.69%. The business had revenue of $1.45 billion during the quarter. On average, research analysts anticipate that Ryanair will post 4.05 earnings per share for the current year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. George Kaiser Family Foundation raised its holdings in shares of Ryanair by 56.8% during the second quarter. George Kaiser Family Foundation now owns 33,259 shares of the transportation company’s stock valued at $2,133,000 after buying an additional 12,043 shares during the last quarter. CWM Advisors LLC raised its holdings in Ryanair by 28.0% during the second quarter. CWM Advisors LLC now owns 8,652 shares of the transportation company’s stock worth $555,000 after purchasing an additional 1,890 shares in the last quarter. Diversified Trust Co raised its holdings in Ryanair by 67.5% during the second quarter. Diversified Trust Co now owns 40,862 shares of the transportation company’s stock worth $2,621,000 after purchasing an additional 16,463 shares in the last quarter. Scout Investments Inc. raised its holdings in Ryanair by 9.1% during the second quarter. Scout Investments Inc. now owns 296,449 shares of the transportation company’s stock worth $19,014,000 after purchasing an additional 24,846 shares in the last quarter. Finally, Metropolis Capital Ltd raised its holdings in Ryanair by 39.0% during the second quarter. Metropolis Capital Ltd now owns 1,095,696 shares of the transportation company’s stock worth $70,278,000 after purchasing an additional 307,671 shares in the last quarter. 43.19% of the stock is currently owned by institutional investors.

About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, and Other European countries. The company is also involved in the provision of various ancillary services, such as non-flight scheduled services and Internet-related services; in-flight sale of beverages, food, and merchandise; and marketing accommodation services, holidays, car hire, and travel insurance through its Website.

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Analyst Recommendations for Ryanair (NASDAQ:RYAAY)

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