Ryanair Holdings plc (NASDAQ:RYAAY) Given Consensus Rating of "Buy" by Analysts

Shares of Ryanair Holdings plc (NASDAQ:RYAAY - Get Free Report) have been assigned an average rating of "Buy" from the eight research firms that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and three have assigned a strong buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $147.00.

RYAAY has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft upgraded Ryanair from a "hold" rating to a "buy" rating in a research report on Thursday, March 27th. StockNews.com downgraded shares of Ryanair from a "buy" rating to a "hold" rating in a research report on Thursday, February 6th.

Hedge Funds Weigh In On Ryanair

Several institutional investors have recently added to or reduced their stakes in the business. Sumitomo Mitsui Trust Group Inc. increased its stake in Ryanair by 172.2% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 75,354 shares of the transportation company's stock worth $3,285,000 after acquiring an additional 47,673 shares during the last quarter. Perpetual Ltd boosted its position in Ryanair by 539.8% during the 4th quarter. Perpetual Ltd now owns 988,490 shares of the transportation company's stock worth $43,088,000 after purchasing an additional 833,988 shares during the period. JCIC Asset Management Inc. increased its holdings in Ryanair by 154.4% in the 4th quarter. JCIC Asset Management Inc. now owns 71,018 shares of the transportation company's stock valued at $3,096,000 after purchasing an additional 43,098 shares in the last quarter. Haven Global Partners LLC purchased a new position in Ryanair in the fourth quarter valued at about $19,029,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Ryanair in the fourth quarter worth about $18,445,000. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Ryanair Stock Performance

NASDAQ:RYAAY traded down $0.93 during trading hours on Friday, hitting $49.85. 800,328 shares of the company were exchanged, compared to its average volume of 1,649,561. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.86 and a quick ratio of 0.86. The company's 50 day moving average price is $45.83 and its 200-day moving average price is $45.27. Ryanair has a 52-week low of $36.96 and a 52-week high of $52.11. The stock has a market capitalization of $26.52 billion, a price-to-earnings ratio of 15.28, a PEG ratio of 2.01 and a beta of 1.37.

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.