Analysts Set Ryanair Holdings plc (NASDAQ:RYAAY) Target Price at $151.00

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) have been given an average rating of “Moderate Buy” by the nine ratings firms that are presently covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating, two have issued a buy rating and three have assigned a strong buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $151.00.

A number of equities research analysts recently issued reports on RYAAY shares. StockNews.com upgraded Ryanair from a “hold” rating to a “buy” rating in a research note on Thursday, November 14th. Barclays upgraded shares of Ryanair from an “equal weight” rating to an “overweight” rating in a research note on Friday, October 25th. Finally, UBS Group upgraded shares of Ryanair from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th.

Ryanair Trading Down 1.1 %

Shares of RYAAY stock opened at $44.50 on Friday. Ryanair has a 12-month low of $36.96 and a 12-month high of $60.29. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.22. The company has a 50 day moving average of $44.66 and a 200-day moving average of $76.24. The firm has a market cap of $24.12 billion, a P/E ratio of 14.83, a PEG ratio of 2.62 and a beta of 1.50.

Ryanair (NASDAQ:RYAAY) last released its earnings results on Monday, November 4th. The transportation company reported $2.82 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.09). Ryanair had a return on equity of 19.92% and a net margin of 11.38%. The firm had revenue of $5.57 billion during the quarter, compared to analysts’ expectations of $5.59 billion. During the same period in the prior year, the business earned $2.88 earnings per share. Sell-side analysts anticipate that Ryanair will post 2.97 earnings per share for the current year.

Ryanair Announces Dividend

The company also recently disclosed a — dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, January 17th will be given a $0.4677 dividend. The ex-dividend date of this dividend is Friday, January 17th. This represents a dividend yield of 4.2%. Ryanair’s dividend payout ratio (DPR) is currently 33.33%.

Institutional Trading of Ryanair

Institutional investors and hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC raised its holdings in shares of Ryanair by 125.4% in the 4th quarter. GAMMA Investing LLC now owns 2,013 shares of the transportation company’s stock valued at $88,000 after acquiring an additional 1,120 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Ryanair by 145.6% in the third quarter. JPMorgan Chase & Co. now owns 3,779,187 shares of the transportation company’s stock worth $170,744,000 after purchasing an additional 2,240,230 shares during the last quarter. Franklin Resources Inc. raised its stake in Ryanair by 142.2% in the third quarter. Franklin Resources Inc. now owns 1,839,384 shares of the transportation company’s stock valued at $81,282,000 after purchasing an additional 1,079,920 shares in the last quarter. Centerstone Investors LLC lifted its position in Ryanair by 54.7% during the third quarter. Centerstone Investors LLC now owns 319,517 shares of the transportation company’s stock valued at $14,436,000 after purchasing an additional 112,999 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in Ryanair in the 3rd quarter worth approximately $141,000. 43.66% of the stock is currently owned by hedge funds and other institutional investors.

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.