Ryanair Holdings plc (NASDAQ:RYAAY) Receives $158.50 Consensus Price Target from Analysts

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) have received a consensus recommendation of “Buy” from the three brokerages that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $158.50.

Several analysts have weighed in on the stock. Evercore ISI lifted their price objective on shares of Ryanair from $145.00 to $155.00 and gave the stock an “in-line” rating in a research note on Thursday, April 4th. StockNews.com cut shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Friday, January 5th.

Hedge Funds Weigh In On Ryanair

Several hedge funds and other institutional investors have recently made changes to their positions in RYAAY. Cornerstone Planning Group LLC grew its holdings in Ryanair by 1,523.5% during the 3rd quarter. Cornerstone Planning Group LLC now owns 276 shares of the transportation company’s stock worth $27,000 after acquiring an additional 259 shares during the last quarter. Bruce G. Allen Investments LLC acquired a new position in shares of Ryanair in the 4th quarter worth approximately $31,000. Advisors Preferred LLC acquired a new position in shares of Ryanair during the 4th quarter valued at $31,000. GAMMA Investing LLC lifted its position in shares of Ryanair by 44.9% during the 1st quarter. GAMMA Investing LLC now owns 242 shares of the transportation company’s stock valued at $35,000 after acquiring an additional 75 shares during the period. Finally, Tucker Asset Management LLC acquired a new position in shares of Ryanair during the 3rd quarter valued at $39,000. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Ryanair Stock Performance

NASDAQ RYAAY opened at $138.88 on Monday. The firm has a 50-day moving average of $141.49 and a 200-day moving average of $125.69. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a market cap of $31.66 billion, a PE ratio of 14.30, a P/E/G ratio of 0.70 and a beta of 1.59. Ryanair has a 52-week low of $87.18 and a 52-week high of $150.73.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings data on Monday, January 29th. The transportation company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.28). Ryanair had a return on equity of 29.39% and a net margin of 15.64%. The business had revenue of $2.91 billion during the quarter, compared to analyst estimates of $2.96 billion. On average, sell-side analysts anticipate that Ryanair will post 9.21 EPS for the current year.

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.