Ryanair (RYAAY) Set to Release Quarterly Earnings on Monday

Key Points

• Ryanair is expected to report quarterly earnings before the market opens on Monday, November 2. Analysts forecast earnings of $3.47 per share on revenue of $6.53 billion.
• RYAAY opened at $52.53, near its one-year low of $51.02 and below its 50-day and 200-day moving averages of $54.43 and $58.03, respectively.
• Analyst sentiment remains positive, with a MarketBeat consensus rating of “Moderate Buy” and an average price target of $73.97, despite one recent downgrade to “hold.”

Ryanair (NASDAQ:RYAAY - Get Free Report) will likely be issuing its results before the market opens on Monday, November 2nd. Analysts expect the company to announce earnings of $3.47 per share and revenue of $6.53 billion for the quarter.

Ryanair Price Performance

RYAAY opened at $52.53 on Monday. The business has a fifty day simple moving average of $54.43 and a 200 day simple moving average of $58.03. The company has a market capitalization of $27.21 billion, a PE ratio of 12.63, a price-to-earnings-growth ratio of 4.30 and a beta of 1.19. Ryanair has a 1 year low of $51.02 and a 1 year high of $74.24.

Analyst Upgrades and Downgrades

RYAAY has been the topic of several recent research reports. Sanford C. Bernstein reiterated an "outperform" rating on shares of Ryanair in a research report on Tuesday, July 21st. Raymond James Financial reissued a "strong-buy" rating and issued a $74.00 target price on shares of Ryanair in a research report on Monday, August 24th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Ryanair in a research report on Tuesday, July 14th. Weiss Ratings downgraded shares of Ryanair from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday, September 4th. Finally, Morgan Stanley began coverage on shares of Ryanair in a research report on Friday, August 14th. They set an "overweight" rating and a $62.90 price target on the stock. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat, Ryanair presently has an average rating of "Moderate Buy" and an average target price of $73.97.

Ryanair Company Profile

Ryanair Holdings plc is an Ireland-based airline group and the parent company of Ryanair, one of Europe's largest low-cost carriers. The group operates a primarily short-haul network focused on affordable air travel, offering scheduled passenger flights, seat reservations, priority boarding, and related travel services.

Ryanair's airline operations include Ryanair DAC, Malta Air, Buzz, Lauda, and Ryanair UK. Together, these carriers serve destinations across Europe and selected markets in North Africa and the Middle East, connecting major cities and regional airports through a point-to-point route network.

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