Brokerages Set Ryanair Holdings PLC (NASDAQ:RYAAY) PT at $73.50

Ryanair Holdings PLC (NASDAQ:RYAAY) has earned an average rating of “Buy” from the ten analysts that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $73.50.

A number of brokerages have recently issued reports on RYAAY. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Ryanair in a report on Thursday, January 15th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Ryanair in a research report on Monday, December 29th. Sanford C. Bernstein reiterated a “market perform” rating and set a $71.00 target price on shares of Ryanair in a research note on Tuesday, January 27th. Royal Bank Of Canada restated an “outperform” rating on shares of Ryanair in a research note on Thursday, January 8th. Finally, Wall Street Zen downgraded Ryanair from a “buy” rating to a “hold” rating in a report on Sunday, January 25th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of RYAAY. Capital International Investors boosted its holdings in shares of Ryanair by 2.7% during the third quarter. Capital International Investors now owns 37,465,187 shares of the transportation company’s stock worth $2,250,932,000 after acquiring an additional 1,002,457 shares during the period. Capital World Investors lifted its holdings in Ryanair by 9.3% during the 3rd quarter. Capital World Investors now owns 30,738,934 shares of the transportation company’s stock worth $1,851,043,000 after purchasing an additional 2,626,911 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Ryanair by 13.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,176,538 shares of the transportation company’s stock valued at $191,291,000 after purchasing an additional 376,145 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Ryanair by 645,657.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,789,672 shares of the transportation company’s stock valued at $201,386,000 after buying an additional 2,789,240 shares in the last quarter. Finally, Capital International Inc. CA increased its position in Ryanair by 3.3% during the 3rd quarter. Capital International Inc. CA now owns 1,467,028 shares of the transportation company’s stock worth $88,344,000 after buying an additional 47,151 shares during the period. 43.66% of the stock is owned by institutional investors.

Ryanair Trading Down 3.5%

NASDAQ RYAAY opened at $67.08 on Friday. Ryanair has a 12 month low of $38.52 and a 12 month high of $74.24. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.02. The stock has a 50 day moving average of $70.14 and a 200-day moving average of $65.02. The company has a market cap of $35.22 billion, a PE ratio of 13.47, a PEG ratio of 0.66 and a beta of 1.23.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings results on Monday, January 26th. The transportation company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.08. Ryanair had a net margin of 15.04% and a return on equity of 29.76%. The firm had revenue of $3.77 billion for the quarter, compared to analyst estimates of $3.16 billion. On average, equities research analysts anticipate that Ryanair will post 3.09 EPS for the current fiscal year.

Ryanair Dividend Announcement

The business also recently announced a special dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Friday, January 16th will be paid a dividend of $0.4545 per share. The ex-dividend date is Friday, January 16th. Ryanair’s dividend payout ratio (DPR) is currently 14.26%.

Ryanair Company Profile

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.