Ryanair (NASDAQ:RYAAY) Given New $155.00 Price Target at Evercore ISI

Ryanair (NASDAQ:RYAAY - Free Report) had its target price lifted by Evercore ISI from $145.00 to $155.00 in a report issued on Thursday, Benzinga reports. The brokerage currently has an in-line rating on the transportation company's stock.

Several other equities research analysts have also issued reports on the stock. StockNews.com lowered shares of Ryanair from a buy rating to a hold rating in a research report on Friday, January 5th. Raymond James upped their target price on shares of Ryanair from $140.00 to $162.00 and gave the company a strong-buy rating in a research note on Monday, December 18th. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of Moderate Buy and a consensus target price of $158.50.

Ryanair Trading Down 1.4 %

RYAAY stock traded down $2.05 on Thursday, hitting $144.17. 900,956 shares of the company were exchanged, compared to its average volume of 534,025. Ryanair has a twelve month low of $87.18 and a twelve month high of $148.76. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.00 and a quick ratio of 1.00. The business's fifty day moving average is $140.08 and its two-hundred day moving average is $121.86. The stock has a market capitalization of $32.87 billion, a price-to-earnings ratio of 14.85, a price-to-earnings-growth ratio of 0.73 and a beta of 1.59.

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

Institutional Trading of Ryanair

A number of large investors have recently modified their holdings of the company. Contravisory Investment Management Inc. increased its stake in Ryanair by 4.8% during the 4th quarter. Contravisory Investment Management Inc. now owns 1,840 shares of the transportation company's stock valued at $245,000 after buying an additional 85 shares during the period. Mercer Global Advisors Inc. ADV increased its stake in Ryanair by 0.3% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 27,169 shares of the transportation company's stock valued at $3,623,000 after buying an additional 90 shares during the period. Cetera Advisor Networks LLC increased its stake in Ryanair by 4.6% during the 2nd quarter. Cetera Advisor Networks LLC now owns 2,458 shares of the transportation company's stock valued at $272,000 after buying an additional 108 shares during the period. Bleakley Financial Group LLC increased its stake in Ryanair by 1.6% during the 2nd quarter. Bleakley Financial Group LLC now owns 7,699 shares of the transportation company's stock valued at $852,000 after buying an additional 124 shares during the period. Finally, Gallacher Capital Management LLC increased its stake in Ryanair by 3.3% during the 3rd quarter. Gallacher Capital Management LLC now owns 4,043 shares of the transportation company's stock valued at $393,000 after buying an additional 128 shares during the period. Institutional investors and hedge funds 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.