Ryanair (NASDAQ:RYAAY) Releases Earnings Results

Ryanair (NASDAQ:RYAAY) released its quarterly earnings results on Monday. The transportation company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.05 by $0.24, Zacks reports. Ryanair had a return on equity of 19.92% and a net margin of 11.38%.

Ryanair Price Performance

Shares of NASDAQ RYAAY opened at $46.14 on Monday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $24.94 billion, a price-to-earnings ratio of 15.38, a price-to-earnings-growth ratio of 1.97 and a beta of 1.50. Ryanair has a twelve month low of $36.96 and a twelve month high of $60.29. The business has a 50 day simple moving average of $44.13 and a 200-day simple moving average of $70.06.

Ryanair Dividend Announcement

The company also recently announced a — dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, January 17th will be issued a dividend of $0.4677 per share. This represents a yield of 4.2%. The ex-dividend date is Friday, January 17th. Ryanair’s dividend payout ratio is presently 33.33%.

Analyst Upgrades and Downgrades

RYAAY has been the topic of several analyst reports. Barclays raised shares of Ryanair from an “equal weight” rating to an “overweight” rating in a research note on Friday, October 25th. StockNews.com upgraded Ryanair from a “hold” rating to a “buy” rating in a research note on Thursday, November 14th. Finally, UBS Group upgraded Ryanair from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th. Four analysts have rated the stock with a hold rating, three have issued a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $151.00.

Ryanair Company Profile

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.