Ryanair (NASDAQ:RYAAY) Shares Gap Up to $135.81

Shares of Ryanair Holdings plc (NASDAQ:RYAAY - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $135.81, but opened at $139.25. Ryanair shares last traded at $137.29, with a volume of 106,075 shares.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on RYAAY shares. 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, April 4th. StockNews.com lowered Ryanair from a "buy" rating to a "hold" rating in a report on Friday, January 5th. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $158.50.

Ryanair Price Performance

The company has a 50-day moving average of $141.58 and a two-hundred day moving average of $124.91. The stock has a market capitalization of $31.09 billion, a PE ratio of 14.04, a P/E/G ratio of 0.71 and a beta of 1.59. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.00 and a quick ratio of 1.00.

Ryanair (NASDAQ:RYAAY - Get Free Report) last released its quarterly earnings data on Monday, January 29th. The transportation company reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.35 by ($0.28). The firm had revenue of $2.91 billion during the quarter, compared to analysts' expectations of $2.96 billion. Ryanair had a return on equity of 29.39% and a net margin of 15.64%. Sell-side analysts predict that Ryanair Holdings plc will post 9.27 EPS for the current fiscal year.

Institutional Investors Weigh In On Ryanair

Several hedge funds have recently modified their holdings of the stock. Artemis Investment Management LLP raised its holdings in shares of Ryanair by 7.3% during the 1st quarter. Artemis Investment Management LLP now owns 477,084 shares of the transportation company's stock valued at $69,422,000 after buying an additional 32,511 shares during the period. Atlas Capital Advisors LLC purchased a new stake in shares of Ryanair during the 1st quarter valued at about $390,000. Metropolis Capital Ltd raised its holdings in shares of Ryanair by 93.0% during the 1st quarter. Metropolis Capital Ltd now owns 1,083,124 shares of the transportation company's stock valued at $157,692,000 after buying an additional 521,913 shares during the period. Perpetual Ltd grew its stake in Ryanair by 1.4% during the 1st quarter. Perpetual Ltd now owns 104,629 shares of the transportation company's stock valued at $15,278,000 after purchasing an additional 1,426 shares in the last quarter. Finally, Mather Group LLC. acquired a new stake in Ryanair during the 1st quarter valued at approximately $90,000. 43.66% of the stock is currently owned by hedge funds and other institutional investors.

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.