Analysts Set Ryanair Holdings PLC (NASDAQ:RYAAY) Price Target at $75.67

Ryanair Holdings PLC (NASDAQ:RYAAY) has been given an average rating of “Moderate Buy” by the twelve research firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, seven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $75.6667.

Several equities research analysts have recently issued reports on the stock. Weiss Ratings downgraded shares of Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 6th. Zacks Research downgraded shares of Ryanair from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 30th. Evercore upgraded shares of Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 price objective on the stock in a research note on Thursday, March 12th. Citigroup reaffirmed a “buy” rating on shares of Ryanair in a research report on Tuesday. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Ryanair in a research report on Tuesday, January 27th.

Ryanair Trading Up 3.8%

Shares of Ryanair stock opened at $59.62 on Tuesday. The company’s fifty day simple moving average is $58.58 and its 200-day simple moving average is $64.50. The company has a market cap of $31.05 billion, a price-to-earnings ratio of 12.66, a PEG ratio of 1.44 and a beta of 1.13. The company has a current ratio of 0.90, a quick ratio of 0.67 and a debt-to-equity ratio of 0.01. Ryanair has a 1 year low of $53.14 and a 1 year high of $74.24.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Monday, May 18th. The transportation company reported ($0.86) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.95) by $0.09. The business had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $3.08 billion. Ryanair had a net margin of 13.95% and a return on equity of 25.58%. As a group, sell-side analysts expect that Ryanair will post 4.51 EPS for the current year.

Insider Transactions at Ryanair

In related news, CEO Eddie Joseph Wilson sold 21,080 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total value of $548,290.80. Following the completion of the transaction, the chief executive officer directly owned 132,526 shares of the company’s stock, valued at $3,447,001.26. This trade represents a 13.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CMO Dara Brady sold 8,973 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total value of $233,387.73. Following the completion of the transaction, the chief marketing officer directly owned 17,550 shares of the company’s stock, valued at approximately $456,475.50. This trade represents a 33.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 101,608 shares of company stock valued at $2,642,824 over the last 90 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of RYAAY. CIBC Private Wealth Group LLC lifted its position in Ryanair by 280.6% in the third quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company’s stock worth $28,000 after purchasing an additional 348 shares during the period. Pin Oak Investment Advisors Inc. lifted its position in Ryanair by 76.0% in the third quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock worth $29,000 after purchasing an additional 209 shares during the period. UMB Bank n.a. lifted its position in Ryanair by 1,057.4% in the third quarter. UMB Bank n.a. now owns 544 shares of the transportation company’s stock worth $33,000 after purchasing an additional 497 shares during the period. Brown Brothers Harriman & Co. lifted its position in Ryanair by 2,929.4% in the fourth quarter. Brown Brothers Harriman & Co. now owns 515 shares of the transportation company’s stock worth $37,000 after purchasing an additional 498 shares during the period. Finally, Caitong International Asset Management Co. Ltd lifted its position in Ryanair by 39.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 584 shares of the transportation company’s stock worth $42,000 after purchasing an additional 165 shares during the period. 43.66% of the stock is owned by institutional investors.

More Ryanair News

Here are the key news stories impacting Ryanair this week:

• Neutral Sentiment: Multiple Ryanair insiders sold shares, but the company said the transactions were related to tax withholding on vested equity awards, suggesting the activity may be routine rather than a negative signal. CEO Andreas Gruber sale filing
• Neutral Sentiment: Ryanair also reported a mixed quarterly update: earnings per share beat estimates, but revenue came in below expectations, leaving investors with a balanced read on operating performance. Ryanair earnings and stock information
• Positive Sentiment: Analysts remain generally constructive on Ryanair Holdings PLC (NASDAQ: RYAAY), with several firms reiterating bullish ratings and an overall “Moderate Buy” consensus, which may be supporting the stock. Analyst ratings overview

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.