Ryanair (NASDAQ:RYAAY) Sets New 1-Year High at $149.40

Ryanair Holdings plc (NASDAQ:RYAAY - Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $149.40 and last traded at $149.07, with a volume of 43019 shares traded. The stock had previously closed at $145.74.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Raymond James lifted their price objective on shares of Ryanair from $140.00 to $162.00 and gave the stock a "strong-buy" rating in a report on Monday, December 18th. StockNews.com lowered Ryanair from a "buy" rating to a "hold" rating in a research note on Friday, January 5th. Finally, Evercore ISI upped their price objective on Ryanair from $145.00 to $155.00 and gave the stock an "in-line" rating in a report on Thursday. 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's stock. According to MarketBeat.com, Ryanair presently has a consensus rating of "Moderate Buy" and a consensus price target of $158.50.

Ryanair Stock Performance

The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.32. The business has a fifty day moving average of $140.97 and a 200-day moving average of $122.98. The company has a market cap of $33.87 billion, a PE ratio of 15.30, a P/E/G ratio of 0.75 and a beta of 1.59.

Ryanair (NASDAQ:RYAAY - Get Free Report) last released its quarterly earnings results on Monday, January 29th. The transportation company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.28). Ryanair had a net margin of 15.64% and a return on equity of 29.39%. The company had revenue of $2.91 billion during the quarter, compared to the consensus estimate of $2.96 billion. Equities research analysts anticipate that Ryanair Holdings plc will post 9.25 earnings per share for the current fiscal year.

Institutional Trading of Ryanair

A number of hedge funds have recently modified their holdings of the business. Cornerstone Planning Group LLC boosted its position in shares of Ryanair by 1,523.5% in the 3rd quarter. Cornerstone Planning Group LLC now owns 276 shares of the transportation company's stock worth $27,000 after purchasing an additional 259 shares in the last quarter. Bruce G. Allen Investments LLC purchased a new stake in shares of Ryanair in the fourth quarter worth $31,000. Advisors Preferred LLC bought a new position in shares of Ryanair during the fourth quarter valued at $31,000. GAMMA Investing LLC raised its position in shares of Ryanair by 44.9% in the 1st quarter. GAMMA Investing LLC now owns 242 shares of the transportation company's stock worth $35,000 after purchasing an additional 75 shares during the last quarter. Finally, Tucker Asset Management LLC bought a new position in Ryanair in the 3rd quarter worth about $39,000. Institutional investors own 43.66% of the company's stock.

About Ryanair

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.