Ryanair (NASDAQ:RYAAY) Posts Earnings Results, Beats Estimates By $0.24 EPS

Ryanair (NASDAQ:RYAAY) announced its quarterly earnings data on Monday. The transportation company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 Stock Performance

RYAAY opened at $46.14 on Monday. The stock has a market capitalization of $24.94 billion, a price-to-earnings ratio of 15.38, a PEG ratio of 1.97 and a beta of 1.50. Ryanair has a fifty-two week low of $36.96 and a fifty-two week high of $60.29. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.81 and a current ratio of 0.81. The company has a fifty day moving average of $44.13 and a 200 day moving average of $70.06.

Ryanair Dividend Announcement

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

Analysts Set New Price Targets

RYAAY has been the subject of a number of recent analyst reports. Barclays upgraded shares of Ryanair from an “equal weight” rating to an “overweight” rating in a research report on Friday, October 25th. UBS Group raised shares of Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. Finally, StockNews.com raised Ryanair from a “hold” rating to a “buy” rating in a report on Thursday, November 14th. Four analysts have rated the stock with a hold rating, three have assigned a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, Ryanair currently has an average 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.