Ryanair (NASDAQ:RYAAY) Posts Earnings Results, Beats Expectations By $0.24 EPS

Ryanair (NASDAQ:RYAAY) issued its earnings results on Monday. The transportation company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.24, Zacks reports. Ryanair had a net margin of 11.38% and a return on equity of 19.92%.

Ryanair Trading Up 1.3 %

Shares of RYAAY stock opened at $46.14 on Monday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.22. Ryanair has a 12-month low of $36.96 and a 12-month high of $60.29. The stock has a market capitalization of $24.94 billion, a P/E ratio of 15.38, a P/E/G ratio of 1.97 and a beta of 1.50. The firm’s 50 day moving average is $44.13 and its 200 day moving average is $70.06.

Ryanair Announces Dividend

The business also recently declared a — dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, January 17th will be paid 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 is presently 33.33%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on RYAAY shares. UBS Group raised Ryanair from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th. Barclays raised shares of Ryanair from an “equal weight” rating to an “overweight” rating in a research report on Friday, October 25th. Finally, StockNews.com upgraded shares of Ryanair from a “hold” rating to a “buy” rating in a report on Thursday, November 14th. Four investment analysts have rated the stock with a hold rating, three have given a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Ryanair presently has an average rating of “Moderate Buy” and a consensus price target of $151.00.

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.