Ryanair (NASDAQ:RYAAY) Stock Rating Lowered by StockNews.com

StockNews.com lowered shares of Ryanair (NASDAQ:RYAAY) from a buy rating to a hold rating in a research note released on Thursday morning.

Other equities analysts have also recently issued research reports about the stock. Barclays raised shares of Ryanair from an “equal weight” rating to an “overweight” rating in a research report on Friday, October 25th. UBS Group upgraded Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. Five equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $151.00.

Ryanair Price Performance

Shares of NASDAQ RYAAY opened at $46.84 on Thursday. The company has a market capitalization of $25.32 billion, a PE ratio of 14.36, a P/E/G ratio of 2.09 and a beta of 1.50. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21. Ryanair has a twelve month low of $36.96 and a twelve month high of $60.29. The firm has a fifty day simple moving average of $44.63 and a 200 day simple moving average of $66.05.

Ryanair (NASDAQ:RYAAY) last released its earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.20. Ryanair had a net margin of 12.14% and a return on equity of 21.46%. On average, sell-side analysts forecast that Ryanair will post 3.05 EPS for the current year.

Ryanair Announces Dividend

The firm also recently announced a — dividend, which will be paid on Monday, March 10th. Investors of record on Friday, January 17th will be issued a $0.4677 dividend. The ex-dividend date is Friday, January 17th. This represents a dividend yield of 4.2%. Ryanair’s dividend payout ratio is presently 30.66%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of RYAAY. Paradigm Asset Management Co. LLC increased its stake in Ryanair by 87.5% in the 3rd quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company’s stock valued at $34,000 after buying an additional 350 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Ryanair by 261.5% in the third quarter. GAMMA Investing LLC now owns 893 shares of the transportation company’s stock valued at $40,000 after acquiring an additional 646 shares in the last quarter. Signaturefd LLC increased its position in shares of Ryanair by 153.1% during the third quarter. Signaturefd LLC now owns 891 shares of the transportation company’s stock valued at $40,000 after acquiring an additional 539 shares during the last quarter. R Squared Ltd bought a new stake in Ryanair during the fourth quarter worth $42,000. Finally, Pinnacle Bancorp Inc. boosted its position in Ryanair by 150.0% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company’s stock worth $47,000 after purchasing an additional 645 shares during the last quarter. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Ryanair Company Profile

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.