FY2028 EPS Estimates for Ryanair Lowered by Erste Group Bank

Ryanair Holdings PLC (NASDAQ:RYAAY) – Stock analysts at Erste Group Bank reduced their FY2028 earnings per share (EPS) estimates for shares of Ryanair in a research report issued on Thursday, June 25th. Erste Group Bank analyst H. Engel now forecasts that the transportation company will post earnings of $4.76 per share for the year, down from their previous forecast of $4.80. The consensus estimate for Ryanair’s current full-year earnings is $4.25 per share.

Several other equities research analysts have also commented on RYAAY. Weiss Ratings lowered Ryanair from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 23rd. Zacks Research downgraded Ryanair from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 30th. Citigroup reaffirmed a “buy” rating on shares of Ryanair in a research note on Tuesday, May 19th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Ryanair in a research report on Tuesday, May 19th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Ryanair in a research note on Monday, June 22nd. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $77.67.

Ryanair Stock Down 0.3%

RYAAY opened at $64.32 on Tuesday. The company has a market cap of $33.47 billion, a PE ratio of 13.66, a price-to-earnings-growth ratio of 1.65 and a beta of 1.15. Ryanair has a twelve month low of $53.14 and a twelve month high of $74.24. The company has a 50-day moving average price of $58.69 and a 200 day moving average price of $63.70. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.01.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings data on Tuesday, May 19th. The transportation company reported ($0.86) earnings per share (EPS) for the quarter, beating 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%.

Institutional Investors Weigh In On Ryanair

Several hedge funds and other institutional investors have recently made changes to their positions in RYAAY. Goldman Sachs Group Inc. boosted its stake in Ryanair by 658.1% during the first quarter. Goldman Sachs Group Inc. now owns 992,245 shares of the transportation company’s stock worth $42,041,000 after buying an additional 861,361 shares during the last quarter. American Century Companies Inc. increased its stake in shares of Ryanair by 122.1% in the 2nd quarter. American Century Companies Inc. now owns 13,011 shares of the transportation company’s stock worth $750,000 after acquiring an additional 7,152 shares during the last quarter. CW Advisors LLC purchased a new position in shares of Ryanair during the 2nd quarter worth $263,000. EverSource Wealth Advisors LLC raised its holdings in shares of Ryanair by 99.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,029 shares of the transportation company’s stock worth $117,000 after acquiring an additional 1,013 shares during the period. Finally, Cerity Partners LLC acquired a new position in shares of Ryanair during the 2nd quarter valued at about $295,000. Institutional investors and hedge funds own 43.66% of the company’s stock.

Insider Activity at Ryanair

In other Ryanair news, insider Jason Paul Mcguinness sold 9,999 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $27.56, for a total value of $275,572.44. Following the transaction, the insider directly owned 14,305 shares of the company’s stock, valued at $394,245.80. This trade represents a 41.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider David Patrick Dpo O’brien sold 8,080 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total transaction of $210,160.80. Following the completion of the transaction, the insider directly owned 73,183 shares in the company, valued at $1,903,489.83. This trade represents a 9.94% 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 have sold 111,607 shares of company stock worth $2,918,397 in the last 90 days.

About Ryanair

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.