Ryanair (RYAAY) to Release Quarterly Earnings on Monday

Ryanair (NASDAQ:RYAAY) will likely be releasing its results before the market opens on Monday, January 26th. Analysts expect Ryanair to post earnings of $0.15 per share and revenue of $3.1558 billion for the quarter.

Ryanair (NASDAQ:RYAAY) last issued its earnings results on Monday, November 3rd. The transportation company reported $3.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.62 by $0.14. The company had revenue of $6.41 billion for the quarter, compared to analysts’ expectations of $5.44 billion. Ryanair had a return on equity of 31.32% and a net margin of 16.29%. On average, analysts expect Ryanair to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Ryanair Stock Performance

Shares of RYAAY stock opened at $70.97 on Friday. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.02. The firm has a fifty day simple moving average of $69.03 and a two-hundred day simple moving average of $64.09. Ryanair has a 12 month low of $38.52 and a 12 month high of $74.24. The firm has a market capitalization of $37.26 billion, a PE ratio of 13.65, a price-to-earnings-growth ratio of 0.70 and a beta of 1.25.

Ryanair Dividend Announcement

The firm also recently announced a special dividend, which will be paid on Wednesday, March 4th. Investors of record on Friday, January 16th will be issued a $0.4545 dividend. The ex-dividend date is Friday, January 16th. Ryanair’s dividend payout ratio is currently 13.65%.

Analysts Set New Price Targets

RYAAY has been the subject of a number of analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Ryanair in a research note on Monday, December 29th. Morgan Stanley reiterated an “overweight” rating on shares of Ryanair in a report on Monday, December 15th. Royal Bank Of Canada reissued an “outperform” rating on shares of Ryanair in a research report on Thursday, January 8th. Citigroup reaffirmed a “buy” rating on shares of Ryanair in a report on Thursday, October 23rd. Finally, Sanford C. Bernstein downgraded shares of Ryanair from an “outperform” rating to a “market perform” rating in a report on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $76.00.

Institutional Investors Weigh In On Ryanair

Several large investors have recently modified their holdings of the stock. CIBC Private Wealth Group LLC grew its holdings in Ryanair by 280.6% during the third quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 348 shares during the period. Advisory Services Network LLC purchased a new position in shares of Ryanair during the 3rd quarter valued at $77,000. Morningstar Investment Management LLC bought a new position in shares of Ryanair during the 3rd quarter worth $3,752,000. NewEdge Advisors LLC increased its holdings in Ryanair by 136.2% in the 3rd quarter. NewEdge Advisors LLC now owns 20,660 shares of the transportation company’s stock worth $1,244,000 after acquiring an additional 11,915 shares during the last quarter. Finally, PharVision Advisers LLC bought a new stake in Ryanair in the 3rd quarter valued at about $360,000. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Ryanair Company Profile

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.