Key Points
- Ryanair insider selling: Insider Jason Paul Mcguinness sold 12,562 shares for about $326,738 at $26.01 per share, reducing his ownership by 34.07%. The filing says the sale was to cover tax withholding tied to vesting equity awards.
- Quarterly results beat EPS expectations: Ryanair reported ($0.86) EPS, topping analyst estimates of ($0.95), but revenue of $2.70 billion came in below the expected $3.08 billion. The company also reported a 13.95% net margin and 25.58% return on equity.
- Analyst and investor sentiment remains mixed but generally positive: Institutional investors own 43.66% of the stock, and analysts currently rate Ryanair a Moderate Buy with an average price target of $75.67. Some firms have upgraded or maintained bullish ratings, while others have cut ratings to hold or sell.
Ryanair Holdings PLC (NASDAQ:RYAAY - Get Free Report) insider Carol Marie Sharkey sold 6,999 shares of the business's stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $26.01, for a total value of $182,043.99. Following the sale, the insider owned 14,136 shares of the company's stock, valued at approximately $367,677.36. This represents a 33.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Ryanair Price Performance
Shares of RYAAY opened at $57.42 on Friday. The business's fifty day moving average is $58.67 and its 200 day moving average is $64.54. Ryanair Holdings PLC has a 12-month low of $53.14 and a 12-month high of $74.24. The company has a quick ratio of 0.67, a current ratio of 0.90 and a debt-to-equity ratio of 0.01. The stock has a market cap of $29.90 billion, a P/E ratio of 12.19, a P/E/G ratio of 1.33 and a beta of 1.13.
Ryanair (NASDAQ:RYAAY - Get Free Report) last announced its quarterly earnings results on Monday, May 18th. The transportation company reported ($0.86) EPS for the quarter, beating 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 business had revenue of $2.70 billion during the quarter, compared to analyst estimates of $3.08 billion. Sell-side analysts anticipate that Ryanair Holdings PLC will post 4.65 earnings per share for the current fiscal year.
Key Headlines Impacting Ryanair
Here are the key news stories impacting Ryanair this week:
- Neutral Sentiment: Several Ryanair insiders sold shares, but the filings state the transactions were made to cover tax withholding obligations tied to vesting equity awards, which usually makes the activity less concerning for investors. CEO Andreas Gruber sale filing
- Neutral Sentiment: The sales were spread across top management, including the CEO, CFO, CMO, and other insiders, but the disclosures do not indicate a change in the company’s operating outlook or a strategic shift. CFO Tracey Mccann sale filing
- Neutral Sentiment: The insider selling may keep some pressure on sentiment in the short term, but because it appears routine and tax-related, it is less likely to be viewed as a strong bearish signal. CEO Eddie Joseph Wilson sale filing
Wall Street Analyst Weigh In
Several brokerages recently weighed in on RYAAY. Citigroup reaffirmed a "buy" rating on shares of Ryanair in a research report on Tuesday. Erste Group Bank lowered Ryanair from a "buy" rating to a "hold" rating in a report on Wednesday, February 18th. Weiss Ratings lowered Ryanair from a "buy (b-)" rating to a "hold (c+)" rating in a report on Monday, April 6th. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Ryanair in a research report on Tuesday. Finally, Wall Street Zen downgraded Ryanair from a "buy" rating to a "hold" rating in a report on Sunday, January 25th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $75.67.
Get Our Latest Research Report on Ryanair
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC increased its stake in 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 buying an additional 348 shares during the last quarter. Pin Oak Investment Advisors Inc. boosted its stake in shares of Ryanair by 76.0% in 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 last quarter. UMB Bank n.a. boosted its stake in shares of Ryanair by 1,057.4% in the 3rd quarter. UMB Bank n.a. now owns 544 shares of the transportation company's stock worth $33,000 after buying an additional 497 shares during the last quarter. Brown Brothers Harriman & Co. grew its holdings in shares of Ryanair by 2,929.4% in the fourth quarter. Brown Brothers Harriman & Co. now owns 515 shares of the transportation company's stock valued at $37,000 after acquiring an additional 498 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its position in shares of Ryanair by 39.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 584 shares of the transportation company's stock valued at $42,000 after acquiring an additional 165 shares during the last quarter. 43.66% of the stock is currently owned by hedge funds and other institutional investors.
About Ryanair
(
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.
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