Ryanair - RYAAY Stock Forecast, Price & News

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, Germany, and other European countries. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services; in-flight sale of beverages, food, duty-free, and merchandise; and marketing of car hire and accommodation services, and travel insurance through its website and mobile app. In addition, the company offers aircraft and passenger handling, ticketing, and maintenance and repair services; and markets car parking, fast-track, airport transfers, attractions, and activities on its website and mobile app, as well as sells gift vouchers. As of June 30, 2022, it had a principal fleet of approximately 483 Boeing 737 aircrafts and 29 Airbus A320 aircrafts; and offered approximately 3,000 short-haul flights per day serving approximately 225 airports. Ryanair Holdings plc was founded in 1985 and is headquartered in Swords, Ireland.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on RYAAY shares. Raymond James reduced their price target on Ryanair from $125.00 to $112.00 and set a "strong-buy" rating for the company in a report on Tuesday, July 5th. UBS Group increased their price objective on shares of Ryanair from €19.20 ($19.59) to €21.00 ($21.43) in a research note on Wednesday, August 10th. JPMorgan Chase & Co. upped their target price on shares of Ryanair from €19.00 ($19.39) to €19.20 ($19.59) and gave the stock an "overweight" rating in a research report on Tuesday, July 26th. Finally, Berenberg Bank decreased their price objective on Ryanair from €20.00 ($20.41) to €19.50 ($19.90) and set a "buy" rating on the stock in a research report on Friday, May 20th. Three analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $49.78.

Ryanair Price Performance

Shares of NASDAQ:RYAAY opened at $75.19 on Monday. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.01 and a quick ratio of 1.01. The firm's 50 day simple moving average is $72.29 and its 200-day simple moving average is $86.10. Ryanair has a 12 month low of $65.07 and a 12 month high of $127.25. The stock has a market capitalization of $17.07 billion, a price-to-earnings ratio of 69.62 and a beta of 1.42.

Ryanair (NASDAQ:RYAAY - Get Rating) last announced its quarterly earnings results on Monday, May 16th. The transportation company reported ($0.98) earnings per share for the quarter, beating the consensus estimate of ($1.11) by $0.13. The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.36 billion. Ryanair had a return on equity of 1.90% and a net margin of 3.13%. Analysts expect that Ryanair will post 5.47 EPS for the current year.