Erste Group Bank Comments on Ryanair FY2028 Earnings

Ryanair Holdings PLC (NASDAQ:RYAAY) – Research analysts at Erste Group Bank issued their FY2028 earnings estimates for Ryanair in a research note issued on Friday, June 5th. Erste Group Bank analyst H. Engel forecasts that the transportation company will earn $4.80 per share for the year. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Ryanair’s current full-year earnings is $4.51 per share.

A number of other brokerages have also issued reports on RYAAY. Weiss Ratings lowered shares of Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 6th. Evercore upgraded shares of Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 target price on the stock in a research report on Thursday, March 12th. Citigroup restated a “buy” rating on shares of Ryanair in a research report on Tuesday, May 19th. Zacks Research lowered shares of Ryanair from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 30th. Finally, Sanford C. Bernstein restated an “outperform” rating and set a $77.00 target price on shares of Ryanair in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $77.67.

Ryanair Stock Down 3.9%

Shares of NASDAQ RYAAY opened at $55.75 on Thursday. Ryanair has a 1 year low of $53.14 and a 1 year high of $74.24. The firm’s 50 day moving average price is $58.24 and its 200 day moving average price is $64.07. The firm has a market cap of $29.03 billion, a P/E ratio of 11.84, a price-to-earnings-growth ratio of 1.40 and a beta of 1.15. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.90 and a current ratio of 0.90.

Ryanair (NASDAQ:RYAAY) last announced its earnings results on Tuesday, May 19th. The transportation company reported ($0.86) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.95) by $0.09. Ryanair had a net margin of 13.95% and a return on equity of 25.58%. The firm had revenue of $2.70 billion for the quarter, compared to analyst estimates of $3.08 billion.

Hedge Funds Weigh In On Ryanair

Hedge funds have recently made changes to their positions in the business. CIBC Private Wealth Group LLC raised its stake in shares of Ryanair by 280.6% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 348 shares during the period. Pin Oak Investment Advisors Inc. increased its stake in Ryanair by 76.0% during the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock worth $29,000 after buying an additional 209 shares during the period. Brown Brothers Harriman & Co. increased its stake in Ryanair by 2,929.4% during the 4th quarter. Brown Brothers Harriman & Co. now owns 515 shares of the transportation company’s stock worth $37,000 after buying an additional 498 shares during the period. Caitong International Asset Management Co. Ltd increased its stake in Ryanair by 39.4% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 584 shares of the transportation company’s stock worth $42,000 after buying an additional 165 shares during the period. Finally, Larson Financial Group LLC increased its stake in Ryanair by 64.9% during the 4th quarter. Larson Financial Group LLC now owns 653 shares of the transportation company’s stock worth $47,000 after buying an additional 257 shares during the period. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Insider Activity at Ryanair

In other Ryanair news, CMO Dara Brady sold 8,973 shares of the stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $26.01, for a total transaction of $233,387.73. Following the transaction, the chief marketing officer owned 17,550 shares of the company’s stock, valued at $456,475.50. This trade represents a 33.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible 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 firm’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $26.01, for a total transaction of $365,518.53. Following the completion of the transaction, the insider directly owned 46,264 shares in the company, valued at approximately $1,203,326.64. This represents a 23.30% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 111,607 shares of company stock valued at $2,918,397 over the last 90 days.

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.