FY2028 EPS Estimates for Ryanair Cut by Erste Group Bank

Ryanair Holdings PLC (NASDAQ:RYAAYFree Report) – Erste Group Bank decreased their FY2028 earnings estimates for shares of Ryanair in a report issued on Monday, July 27th. Erste Group Bank analyst H. Engel now expects that the transportation company will post earnings per share of $4.42 for the year, down from their previous estimate of $4.64. The consensus estimate for Ryanair’s current full-year earnings is $4.09 per share.

Ryanair (NASDAQ:RYAAYGet Free Report) last issued its quarterly earnings results on Friday, July 17th. The transportation company reported $1.19 earnings per share for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.18). The company had revenue of $5 billion during the quarter, compared to analyst estimates of $5.06 billion. Ryanair had a return on equity of 21.23% and a net margin of 12.14%.

Other equities analysts have also issued reports about the company. Weiss Ratings raised Ryanair from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, July 21st. Citigroup restated a “buy” rating on shares of Ryanair in a report on Wednesday, July 1st. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ryanair in a research note on Tuesday, May 19th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Ryanair in a research report on Tuesday, July 21st. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Ryanair in a report on Tuesday, July 14th. Six analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $79.50.

View Our Latest Report on RYAAY

Ryanair Price Performance

NASDAQ RYAAY opened at $59.79 on Wednesday. Ryanair has a 12 month low of $53.14 and a 12 month high of $74.24. The firm has a market capitalization of $31.07 billion, a PE ratio of 14.37, a P/E/G ratio of 1.83 and a beta of 1.15. The company’s 50 day simple moving average is $61.24 and its 200 day simple moving average is $62.33.

Ryanair Dividend Announcement

The business also recently declared a special dividend, which will be paid on Monday, September 28th. Investors of record on Friday, August 7th will be given a $0.4434 dividend. The ex-dividend date is Friday, August 7th. Ryanair’s dividend payout ratio (DPR) is 17.07%.

Insider Transactions at Ryanair

In related news, insider Jason Paul Mcguinness sold 12,562 shares of Ryanair stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total value of $326,737.62. Following the transaction, the insider owned 24,304 shares of the company’s stock, valued at approximately $632,147.04. This trade represents a 34.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Juliusz Grzegorz Komorek sold 14,053 shares of the company’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $26.01, for a total transaction of $365,518.53. Following the sale, the insider directly owned 46,264 shares of the company’s stock, valued at $1,203,326.64. This represents a 23.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 126,607 shares of company stock worth $3,386,997 in the last three months.

Hedge Funds Weigh In On Ryanair

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. raised its stake in Ryanair by 658.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 992,245 shares of the transportation company’s stock valued at $42,041,000 after purchasing an additional 861,361 shares during the period. American Century Companies Inc. grew its holdings in shares of Ryanair by 122.1% during the second quarter. American Century Companies Inc. now owns 13,011 shares of the transportation company’s stock valued at $750,000 after buying an additional 7,152 shares in the last quarter. CW Advisors LLC acquired a new position in Ryanair during the second quarter valued at $263,000. EverSource Wealth Advisors LLC lifted its stake in Ryanair by 99.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,029 shares of the transportation company’s stock worth $117,000 after acquiring an additional 1,013 shares in the last quarter. Finally, Cerity Partners LLC purchased a new stake in Ryanair in the 2nd quarter worth about $295,000. Institutional investors and hedge funds own 43.66% of the company’s stock.

Ryanair Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for Ryanair (NASDAQ:RYAAY)

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