Liberum Capital lowered shares of Ryanair (NASDAQ:RYAAY) from a buy rating to a hold rating in a research note released on Monday morning, The Fly reports.

A number of other research firms have also recently commented on RYAAY. AlphaValue raised shares of Ryanair to a sell rating in a research note on Tuesday, September 8th. BidaskClub lowered shares of Ryanair from a buy rating to a hold rating in a report on Friday, August 21st. Raymond James lowered shares of Ryanair from a strong-buy rating to an outperform rating and set a $90.00 price objective on the stock. in a report on Friday, September 4th. Morgan Stanley restated an overweight rating on shares of Ryanair in a report on Tuesday, July 28th. Finally, Credit Suisse Group restated an outperform rating on shares of Ryanair in a report on Tuesday, July 28th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have issued a buy rating to the company. The stock currently has a consensus rating of Buy and an average price target of $79.00.

Shares of RYAAY opened at $87.69 on Monday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.60. The business’s 50 day moving average price is $80.68 and its 200-day moving average price is $68.09. Ryanair has a 52 week low of $44.44 and a 52 week high of $96.79. The stock has a market cap of $19.74 billion, a P/E ratio of 77.60 and a beta of 1.39.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings results on Monday, July 27th. The transportation company reported ($0.94) EPS for the quarter, topping analysts’ consensus estimates of ($1.15) by $0.21. Ryanair had a return on equity of 10.45% and a net margin of 3.61%. The firm had revenue of $137.83 million for the quarter, compared to analysts’ expectations of $138.60 million. On average, equities analysts anticipate that Ryanair will post -4.3 EPS for the current year.

Institutional investors have recently modified their holdings of the company. Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in shares of Ryanair by 178.6% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 52,627 shares of the transportation company’s stock valued at $3,491,000 after buying an additional 33,738 shares in the last quarter. Harbor Investment Advisory LLC boosted its stake in Ryanair by 11.2% during the 2nd quarter. Harbor Investment Advisory LLC now owns 1,904 shares of the transportation company’s stock worth $126,000 after purchasing an additional 191 shares during the period. Virtu Financial LLC acquired a new stake in Ryanair during the 2nd quarter worth $582,000. State Street Corp boosted its stake in Ryanair by 21.9% during the 1st quarter. State Street Corp now owns 88,058 shares of the transportation company’s stock worth $4,675,000 after purchasing an additional 15,821 shares during the period. Finally, Natixis Advisors L.P. boosted its stake in Ryanair by 3.7% during the 2nd quarter. Natixis Advisors L.P. now owns 123,751 shares of the transportation company’s stock worth $8,210,000 after purchasing an additional 4,362 shares during the period. Institutional investors and hedge funds own 44.15% of the company’s stock.

About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, and Other European countries. The company is also involved in the provision of various ancillary services, such as non-flight scheduled services and Internet-related services; in-flight sale of beverages, food, and merchandise; and marketing accommodation services, holidays, car hire, and travel insurance through its Website.

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Analyst Recommendations for Ryanair (NASDAQ:RYAAY)

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