Ryanair (NASDAQ:RYAAY) Sets New 52-Week High at $147.43

Ryanair Holdings plc (NASDAQ:RYAAY - Get Free Report)'s share price reached a new 52-week high during trading on Monday . The company traded as high as $147.43 and last traded at $147.43, with a volume of 13089 shares traded. The stock had previously closed at $145.59.

Analysts Set New Price Targets

A number of equities analysts recently commented on RYAAY shares. Raymond James lifted their price target on Ryanair from $140.00 to $162.00 and gave the stock a "strong-buy" rating in a report on Monday, December 18th. Evercore ISI cut Ryanair from an "outperform" rating to an "in-line" rating and set a $140.00 price target for the company. in a report on Tuesday, January 2nd. Finally, StockNews.com cut Ryanair from a "buy" rating to a "hold" rating in a report on Friday, January 5th. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $151.00.

Ryanair Trading Up 0.6 %

The company has a market cap of $33.40 billion, a P/E ratio of 15.09, a PEG ratio of 0.93 and a beta of 1.59. The business has a fifty day moving average price of $139.05 and a 200-day moving average price of $121.05. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.32.

Ryanair (NASDAQ:RYAAY - Get Free Report) last issued its quarterly earnings data on Monday, January 29th. The transportation company reported $0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.35 by ($0.28). Ryanair had a return on equity of 29.39% and a net margin of 15.64%. The firm had revenue of $2.91 billion for the quarter, compared to the consensus estimate of $2.96 billion. On average, analysts forecast that Ryanair Holdings plc will post 9.28 earnings per share for the current year.

Institutional Investors Weigh In On Ryanair

A number of hedge funds and other institutional investors have recently made changes to their positions in RYAAY. Capital World Investors raised its position in shares of Ryanair by 90.8% in the fourth quarter. Capital World Investors now owns 9,294,414 shares of the transportation company's stock valued at $1,239,503,000 after buying an additional 4,424,400 shares in the last quarter. Baillie Gifford & Co. raised its position in Ryanair by 14.6% during the fourth quarter. Baillie Gifford & Co. now owns 9,389,236 shares of the transportation company's stock valued at $1,252,149,000 after purchasing an additional 1,197,812 shares in the last quarter. Lazard Asset Management LLC raised its position in Ryanair by 12.0% during the second quarter. Lazard Asset Management LLC now owns 6,684,059 shares of the transportation company's stock valued at $739,256,000 after purchasing an additional 715,572 shares in the last quarter. William Blair Investment Management LLC raised its position in Ryanair by 207.5% during the third quarter. William Blair Investment Management LLC now owns 958,965 shares of the transportation company's stock valued at $93,196,000 after purchasing an additional 647,093 shares in the last quarter. Finally, Metropolis Capital Ltd raised its position in Ryanair by 376.6% during the fourth quarter. Metropolis Capital Ltd now owns 561,211 shares of the transportation company's stock valued at $74,843,000 after purchasing an additional 443,458 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors and hedge funds.

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.