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.

Analysts Set New Price Targets

Several research firms recently commented on RYAAY. JPMorgan Chase & Co. boosted their target price on 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. Raymond James dropped their target price on shares of Ryanair from $125.00 to $112.00 and set a "strong-buy" rating for the company in a research report on Tuesday, July 5th. Berenberg Bank decreased their price target on shares of Ryanair from €20.00 ($20.41) to €19.50 ($19.90) and set a "buy" rating on the stock in a report on Friday, May 20th. Finally, UBS Group lifted their price objective on shares of Ryanair from €19.20 ($19.59) to €21.00 ($21.43) in a report on Wednesday, August 10th. Three research 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 stock has a consensus rating of "Moderate Buy" and a consensus price target of $49.78.

Ryanair Trading Up 1.4 %

Shares of Ryanair stock traded up $1.06 during trading on Tuesday, reaching $76.91. 415,617 shares of the stock were exchanged, compared to its average volume of 574,746. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.67. The firm has a market cap of $17.46 billion, a price-to-earnings ratio of 71.21 and a beta of 1.42. Ryanair has a 1 year low of $65.07 and a 1 year high of $127.25. The stock's fifty day moving average is $72.07 and its 200 day moving average is $85.68.

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