Ryanair (NASDAQ:RYAAY) was downgraded by BidaskClub from a “sell” rating to a “strong sell” rating in a note issued to investors on Tuesday, BidAskClub reports.

A number of other equities analysts also recently commented on the stock. HSBC set a €9.00 ($10.47) price objective on shares of Schaeffler and gave the stock a “buy” rating in a research note on Wednesday, May 22nd. Raymond James reissued a “hold” rating on shares of PrairieSky Royalty in a research note on Thursday, July 11th. JPMorgan Chase & Co. set a €20.00 ($23.26) price objective on shares of STMicroelectronics and gave the stock a “buy” rating in a research note on Tuesday, May 21st. ValuEngine raised shares of Zynerba Pharmaceuticals from a “sell” rating to a “hold” rating in a research note on Monday, April 1st. Finally, Canaccord Genuity reissued a “buy” rating and issued a $1.80 price objective on shares of Meridian Bioscience in a research note on Wednesday, June 5th. Five investment analysts have rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the stock. Ryanair presently has an average rating of “Hold” and a consensus price target of $75.33.

Shares of NASDAQ:RYAAY opened at $63.87 on Tuesday. The company has a market capitalization of $15.14 billion, a P/E ratio of 12.43 and a beta of 0.79. Ryanair has a 52 week low of $60.83 and a 52 week high of $118.76. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.64. The business has a 50 day simple moving average of $64.92.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings data on Monday, May 20th. The transportation company reported ($0.74) EPS for the quarter, missing analysts’ consensus estimates of ($0.64) by ($0.10). The business had revenue of $1.45 billion during the quarter. Ryanair had a return on equity of 20.34% and a net margin of 11.69%. As a group, equities analysts anticipate that Ryanair will post 4.05 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Baldwin Investment Management LLC increased its position in shares of Ryanair by 3.3% in the 1st quarter. Baldwin Investment Management LLC now owns 9,341 shares of the transportation company’s stock valued at $700,000 after acquiring an additional 300 shares during the period. BB&T Corp increased its position in shares of Ryanair by 7.3% in the 1st quarter. BB&T Corp now owns 4,419 shares of the transportation company’s stock valued at $331,000 after acquiring an additional 299 shares during the period. First Pacific Advisors LP increased its position in shares of Ryanair by 9.3% in the 1st quarter. First Pacific Advisors LP now owns 78,303 shares of the transportation company’s stock valued at $5,868,000 after acquiring an additional 6,690 shares during the period. Brinker Capital Inc. increased its position in shares of Ryanair by 26.5% in the 1st quarter. Brinker Capital Inc. now owns 28,668 shares of the transportation company’s stock valued at $2,148,000 after acquiring an additional 6,009 shares during the period. Finally, Two Sigma Investments LP acquired a new position in shares of Ryanair in the 4th quarter valued at $4,195,000. 43.19% of the stock is currently owned by hedge funds and other institutional investors.

About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, and Other European countries. The company is also involved in the provision of various ancillary services, such as non-flight scheduled services and Internet-related services; in-flight sale of beverages, food, and merchandise; and marketing accommodation services, holidays, car hire, and travel insurance through its Website.

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Analyst Recommendations for Ryanair (NASDAQ:RYAAY)

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