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.

Ryanair Stock Up 0.9 %

RYAAY Stock opened at $75.85 on Tuesday. The stock has a market capitalization of $17.22 billion, a P/E ratio of 70.52 and a beta of 1.42. The firm has a 50-day simple moving average of $72.29 and a 200-day simple moving average of $85.93. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.67. Ryanair has a 52 week low of $65.07 and a 52 week high of $127.25.

Ryanair (NASDAQ:RYAAY - Get Rating) last released its earnings results on Monday, May 16th. The transportation company reported ($0.98) EPS for the quarter, topping analysts' consensus estimates of ($1.11) by $0.13. The business had revenue of $1.32 billion during the quarter, compared to analysts' expectations of $1.36 billion. Ryanair had a net margin of 3.13% and a return on equity of 1.90%. Equities analysts forecast that Ryanair will post 5.47 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. JPMorgan Chase & Co. increased their price target on shares of Ryanair from €19.00 ($19.39) to €19.20 ($19.59) and gave the company an "overweight" rating in a report on Tuesday, July 26th. UBS Group increased their price target on shares of Ryanair from €19.20 ($19.59) to €21.00 ($21.43) in a report on Wednesday, August 10th. Raymond James lowered their price target on shares of Ryanair from $125.00 to $112.00 and set a "strong-buy" rating for the company in a report on Tuesday, July 5th. Finally, Berenberg Bank reduced their price objective on shares of 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 investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $49.78.