Ryanair (NASDAQ:RYAAY) Reaches New 52-Week High - Time to 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.

Ryanair Holdings PLC (NASDAQ:RYAAY - Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company 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

RYAAY has been the topic of a number of recent research reports. Citigroup reissued a "buy" rating on shares of Ryanair in a research note on Wednesday, May 21st. Wall Street Zen raised Ryanair from a "buy" rating to a "strong-buy" rating in a research note on Saturday, July 26th. Royal Bank Of Canada reissued an "outperform" rating on shares of Ryanair in a research note on Wednesday, May 21st. Raymond James Financial reissued a "strong-buy" rating and issued a $76.00 target price (up from $70.00) on shares of Ryanair in a research note on Wednesday, July 23rd. Finally, Sanford C. Bernstein reissued an "outperform" rating on shares of Ryanair in a research note on Wednesday, May 21st. Six research analysts have rated the stock with a buy rating and four have issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $111.50.

Ryanair Trading Down 0.6%

The stock has a fifty day moving average price of $58.72 and a 200 day moving average price of $51.22. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.66 and a current ratio of 0.66. The stock has a market cap of $34.18 billion, a PE ratio of 15.12, a PEG ratio of 1.06 and a beta of 1.36.

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

Ryanair Increases Dividend

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

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Avantax Advisory Services Inc. increased its position in Ryanair by 2.6% during the 1st quarter. Avantax Advisory Services Inc. now owns 8,094 shares of the transportation company's stock valued at $343,000 after buying an additional 206 shares in the last quarter. Vident Advisory LLC increased its position 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 buying an additional 230 shares in the last quarter. SG Americas Securities LLC increased its position in Ryanair by 0.3% during the 1st quarter. SG Americas Securities LLC now owns 85,781 shares of the transportation company's stock valued at $3,635,000 after buying an additional 240 shares in the last quarter. GAMMA Investing LLC increased its position in 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 in the last quarter. Finally, CWM LLC increased its position in Ryanair by 39.8% during the 1st quarter. CWM LLC now owns 1,191 shares of the transportation company's stock valued at $50,000 after buying an additional 339 shares in the last quarter. 43.66% of the stock is owned by institutional investors.

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.