22 hours Ago By ABMN Staff
Ryanair Holdings plc ( NASDAQ:RYAAY – Get Free Report ) shares gapped up before the market opened on Tuesday . The stock had previously closed at $106.93, but opened at $112.
62. Ryanair shares last traded at $111.70, with a volume of 73,780 shares trading hands.
Wall Street Analyst Weigh In Several research analysts recently commented on RYAAY shares. Sanford C. Bernstein reduced their price target on shares of Ryanair from $149.
00 to $147.00 and set an “outperform” rating on the stock in a research note on Thursday, August 29th. Hsbc Global Res raised shares of Ryanair to a “hold” rating in a research note on Friday, July 12th.
The Goldman Sachs Group raised Ryanair to a “strong-buy” rating in a research note on Friday, August 9th. HSBC lowered Ryanair from a “buy” rating to a “hold” rating in a research note on Friday, July 12th. Finally, Citigroup upgraded shares of Ryanair to a “strong-buy” rating in a report on Friday, August 2nd.
Seven research analysts have rated the stock with a hold rating, one has given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, Ryanair has an average rating of “Moderate Buy” and a consensus target price of $154.
67. View Our Latest Stock Analysis on RYAAY Ryanair Stock Down 0.8 % Ryanair ( NASDAQ:RYAAY – Get Free Report ) last released its quarterly earnings results on Monday, July 22nd.
The transportation company reported $1.69 EPS for the quarter, missing the consensus estimate of $2.89 by ($1.
20). Ryanair had a net margin of 12.07% and a return on equity of 20.
43%. The firm had revenue of $3.90 billion for the quarter, compared to analysts’ expectations of $4.
32 billion. Analysts predict that Ryanair Holdings plc will post 7.95 EPS for the current year.
Ryanair Cuts Dividend The company also recently declared a Variable dividend, which will be paid on Thursday, September 26th. Shareholders of record on Friday, August 9th will be issued a $0.692 dividend.
This represents a yield of 1.8%. The ex-dividend date is Friday, September 13th.
Ryanair’s dividend payout ratio is currently 28.18%. Institutional Investors Weigh In On Ryanair A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RYAAY.
GAMMA Investing LLC lifted its stake in shares of Ryanair by 44.9% during the first quarter. GAMMA Investing LLC now owns 242 shares of the transportation company’s stock worth $35,000 after buying an additional 75 shares during the period.
Gallacher Capital Management LLC raised its stake in Ryanair by 4.1% in the 2nd quarter. Gallacher Capital Management LLC now owns 3,796 shares of the transportation company’s stock worth $442,000 after acquiring an additional 150 shares during the last quarter.
Benjamin F. Edwards & Company Inc. lifted its position in Ryanair by 25.
8% during the 1st quarter. Benjamin F. Edwards & Company Inc.
now owns 912 shares of the transportation company’s stock worth $133,000 after acquiring an additional 187 shares during the period. Transcendent Capital Group LLC purchased a new stake in Ryanair during the 1st quarter valued at about $29,000. Finally, Verdence Capital Advisors LLC increased its holdings in shares of Ryanair by 2.
5% in the first quarter. Verdence Capital Advisors LLC now owns 8,795 shares of the transportation company’s stock valued at $1,280,000 after purchasing an additional 211 shares during the period. 43.
66% of the stock is currently owned by hedge funds and other institutional investors. About Ryanair ( Get Free Report ) 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.
Further Reading Receive News & Ratings for Ryanair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryanair and related companies with MarketBeat.com's FREE daily email newsletter ..
