ValuEngine lowered shares of Ryanair (NASDAQ:RYAAY) from a buy rating to a hold rating in a research report released on Wednesday.

RYAAY has been the subject of a number of other research reports. Zacks Investment Research raised shares of Ryanair from a hold rating to a buy rating and set a $137.00 price objective for the company in a research report on Thursday, March 29th. BidaskClub lowered shares of Ryanair from a strong-buy rating to a buy rating in a research report on Thursday, March 1st. Finally, UBS raised shares of Ryanair from a neutral rating to a buy rating in a research report on Thursday, January 11th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of $110.00.

Shares of Ryanair traded down $0.32, reaching $111.79, during trading hours on Wednesday, according to MarketBeat Ratings. 6,272 shares of the company traded hands, compared to its average volume of 221,268. The firm has a market capitalization of $26.45 billion, a P/E ratio of 19.53, a P/E/G ratio of 1.91 and a beta of 0.66. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.61 and a current ratio of 1.61. Ryanair has a 1-year low of $111.14 and a 1-year high of $112.81.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Monday, February 5th. The transportation company reported $0.52 EPS for the quarter, beating the Zacks’ consensus estimate of $0.50 by $0.02. The business had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.68 billion. Ryanair had a net margin of 20.99% and a return on equity of 32.17%. equities analysts forecast that Ryanair will post 7.23 earnings per share for the current year.

Ryanair declared that its board has initiated a stock buyback program on Monday, February 5th that allows the company to repurchase shares. This repurchase authorization allows the transportation company to buy shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Shine Investment Advisory Services Inc. increased its holdings in shares of Ryanair by 1,715.1% during the fourth quarter. Shine Investment Advisory Services Inc. now owns 962 shares of the transportation company’s stock worth $100,000 after buying an additional 909 shares in the last quarter. Cornerstone Advisors Inc. grew its stake in shares of Ryanair by 1,350.7% during the fourth quarter. Cornerstone Advisors Inc. now owns 1,088 shares of the transportation company’s stock valued at $113,000 after purchasing an additional 1,013 shares during the last quarter. US Bancorp DE grew its stake in shares of Ryanair by 168.2% during the fourth quarter. US Bancorp DE now owns 1,172 shares of the transportation company’s stock valued at $122,000 after purchasing an additional 735 shares during the last quarter. Assetmark Inc. grew its stake in shares of Ryanair by 64.0% during the fourth quarter. Assetmark Inc. now owns 1,322 shares of the transportation company’s stock valued at $138,000 after purchasing an additional 516 shares during the last quarter. Finally, Tower Research Capital LLC TRC bought a new stake in shares of Ryanair during the fourth quarter valued at approximately $148,000. 42.54% of the stock is owned by institutional investors.

Ryanair Company Profile

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, continental Europe, Morocco, and Israel. It also offers various ancillary services, such as non-flight scheduled services and Internet-related services; and markets accommodation services and travel insurance through its Website, as well as engages in the in-flight sale of beverages, food, and merchandise.

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Analyst Recommendations for Ryanair (NASDAQ:RYAAY)

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