Ryanair (NASDAQ:RYAAY) Reaches New 12-Month High - Should You Buy?

Key Points

• Ryanair's shares reached a new **52-week high** of $64.06, with a recent trading price of $63.47 and significant trading volume of 46,636 shares.
• The company reported earnings per share (EPS) of **$1.74**, exceeding analyst expectations of $1.49, alongside a quarterly revenue of **$5.07 billion** compared to an estimated $4.16 billion.
• Ryanair has received multiple upgrades from analysts, with a consensus target price of **$111.50** and a consistent **buy** rating from six analysts, indicating strong market confidence in the stock's performance.

Shares of Ryanair Holdings PLC (NASDAQ:RYAAY - Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $64.06 and last traded at $63.47, with a volume of 46636 shares. The stock had previously closed at $63.77.

Analyst Ratings Changes

Several equities analysts have recently commented on RYAAY shares. Sanford C. Bernstein restated an "outperform" rating on shares of Ryanair in a research report on Wednesday, May 21st. Raymond James Financial reissued a "strong-buy" rating and issued a $76.00 target price (up previously from $70.00) on shares of Ryanair in a report on Wednesday, July 23rd. Oddo Bhf upgraded shares of Ryanair from an "underperform" rating to an "outperform" rating in a report on Wednesday, July 16th. Wall Street Zen raised shares of Ryanair from a "buy" rating to a "strong-buy" rating in a report on Saturday, July 26th. Finally, Citigroup reissued a "buy" rating on shares of Ryanair in a research note on Wednesday, May 21st. Six investment analysts have rated the stock with a buy rating and four have given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of $111.50.

Ryanair Stock Down 0.5%

The business has a 50-day moving average price of $58.37 and a 200-day moving average price of $50.87. The stock has a market cap of $34.13 billion, a PE ratio of 15.10, a price-to-earnings-growth ratio of 1.05 and a beta of 1.36. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.02.

Ryanair (NASDAQ:RYAAY - Get Free Report) last posted its quarterly earnings results on Monday, July 21st. The transportation company reported $1.74 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.49 by $0.25. Ryanair had a return on equity of 27.91% and a net margin of 14.42%. The business had revenue of $5.07 billion during the quarter, compared to analyst estimates of $4.16 billion. As a group, analysts forecast that Ryanair Holdings PLC will post 3.09 earnings per share for the current year.

Ryanair Increases Dividend

The business also recently disclosed a -- dividend, which will be paid on Thursday, September 25th. Shareholders of record on Friday, August 8th will be issued a dividend of $0.534 per share. The ex-dividend date of this dividend is Friday, September 12th. This is an increase from Ryanair's previous -- dividend of $0.47. This represents a yield of 120.0%. Ryanair's dividend payout ratio is 23.47%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Avantax Advisory Services Inc. grew its stake in shares of Ryanair by 2.6% during the first quarter. Avantax Advisory Services Inc. now owns 8,094 shares of the transportation company's stock valued at $343,000 after acquiring an additional 206 shares in the last quarter. Vident Advisory LLC grew its stake in Ryanair by 2.4% during the 4th quarter. Vident Advisory LLC now owns 10,006 shares of the transportation company's stock valued at $436,000 after purchasing an additional 230 shares in the last quarter. SG Americas Securities LLC increased its holdings in Ryanair by 0.3% during the 1st quarter. SG Americas Securities LLC now owns 85,781 shares of the transportation company's stock worth $3,635,000 after purchasing an additional 240 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Ryanair by 13.2% during the 1st quarter. GAMMA Investing LLC now owns 2,278 shares of the transportation company's stock valued at $97,000 after buying an additional 265 shares during the last quarter. Finally, CWM LLC increased its stake in shares of Ryanair by 39.8% in the first quarter. CWM LLC now owns 1,191 shares of the transportation company's stock worth $50,000 after buying an additional 339 shares during the last quarter. 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.