Ryanair (NASDAQ:RYAAY) Shares Gap Up to $135.81

Ryanair Holdings plc (NASDAQ:RYAAY)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $135.81, but opened at $139.25. Ryanair shares last traded at $137.29, with a volume of 106,075 shares trading hands.

Analysts Set New Price Targets

RYAAY has been the topic of a number of research reports. Evercore ISI increased their price objective on shares of Ryanair from $145.00 to $155.00 and gave the stock an “in-line” rating in a research note on Thursday, April 4th. StockNews.com lowered shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Friday, January 5th. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $158.50.

Ryanair Stock Performance

The company has a market cap of $31.30 billion, a PE ratio of 13.99, a P/E/G ratio of 0.71 and a beta of 1.59. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.00 and a current ratio of 1.00. The stock’s 50-day simple moving average is $141.66 and its 200 day simple moving average is $124.83.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings results on Monday, January 29th. The transportation company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.28). Ryanair had a return on equity of 29.39% and a net margin of 15.64%. The company had revenue of $2.91 billion for the quarter, compared to analyst estimates of $2.96 billion. As a group, equities analysts anticipate that Ryanair Holdings plc will post 9.27 EPS for the current year.

Institutional Investors Weigh In On Ryanair

A number of large investors have recently added to or reduced their stakes in the business. Bruce G. Allen Investments LLC purchased a new position in shares of Ryanair during the 4th quarter worth about $31,000. Advisors Preferred LLC purchased a new position in shares of Ryanair during the 4th quarter worth about $31,000. GAMMA Investing LLC lifted its holdings in shares of Ryanair by 44.9% during the 1st quarter. GAMMA Investing LLC now owns 242 shares of the transportation company’s stock worth $35,000 after acquiring an additional 75 shares during the period. Cornerstone Planning Group LLC lifted its holdings in shares of Ryanair by 1,523.5% during the 3rd quarter. Cornerstone Planning Group LLC now owns 276 shares of the transportation company’s stock worth $27,000 after acquiring an additional 259 shares during the period. Finally, Principal Securities Inc. purchased a new position in Ryanair in the fourth quarter valued at approximately $41,000. 43.66% of the stock is owned by institutional investors and hedge funds.

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.