Key Points
- Ryanair insider sale: Insider Jason Paul Mcguinness sold 9,999 shares on May 22 at an average price of $27.56, generating about $275,572. After the sale, he still held 14,305 shares, a 41.14% decrease in his position.
- Recent additional disposal: Mcguinness also sold 12,562 shares on May 19 for roughly $326,738, indicating a pattern of insider selling over the same week.
- Company snapshot and outlook: Ryanair shares were up 1.1% to $60.29, and the stock has a Moderate Buy consensus rating with a $75.67 target price. The company recently beat EPS expectations but missed on revenue in its latest quarterly report.
Ryanair Holdings PLC (NASDAQ:RYAAY - Get Free Report) insider Jason Paul Mcguinness sold 9,999 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $27.56, for a total value of $275,572.44. Following the completion of the sale, the insider directly owned 14,305 shares of the company's stock, valued at approximately $394,245.80. The trade was a 41.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Jason Paul Mcguinness also recently made the following trade(s):
- On Tuesday, May 19th, Jason Paul Mcguinness sold 12,562 shares of Ryanair stock. The shares were sold at an average price of $26.01, for a total value of $326,737.62.
Ryanair Trading Up 1.1%
NASDAQ RYAAY opened at $60.29 on Wednesday. The company has a market cap of $31.40 billion, a PE ratio of 12.80, a PEG ratio of 1.44 and a beta of 1.13. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.01. Ryanair Holdings PLC has a 12 month low of $53.14 and a 12 month high of $74.24. The stock has a 50 day moving average of $58.52 and a 200-day moving average of $64.44.
Ryanair (NASDAQ:RYAAY - Get Free Report) last released its quarterly earnings data on Tuesday, May 19th. The transportation company reported ($0.86) EPS for the quarter, beating the consensus estimate of ($0.95) by $0.09. The company had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $3.08 billion. Ryanair had a return on equity of 25.58% and a net margin of 13.95%. On average, equities research analysts anticipate that Ryanair Holdings PLC will post 4.51 EPS for the current fiscal year.
Institutional Investors Weigh In On Ryanair
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Capital International Investors lifted its holdings in shares of Ryanair by 6.6% during the fourth quarter. Capital International Investors now owns 39,929,929 shares of the transportation company's stock worth $2,884,834,000 after buying an additional 2,464,742 shares in the last quarter. Capital World Investors lifted its holdings in shares of Ryanair by 1.0% during the fourth quarter. Capital World Investors now owns 31,051,257 shares of the transportation company's stock worth $2,241,612,000 after buying an additional 312,323 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Ryanair by 15.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,304,889 shares of the transportation company's stock worth $527,341,000 after buying an additional 985,939 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Ryanair by 3.3% during the first quarter. Janus Henderson Group PLC now owns 5,752,264 shares of the transportation company's stock worth $332,480,000 after buying an additional 185,110 shares in the last quarter. Finally, Metropolis Capital Ltd lifted its holdings in shares of Ryanair by 10.8% during the first quarter. Metropolis Capital Ltd now owns 3,949,246 shares of the transportation company's stock worth $228,266,000 after buying an additional 385,444 shares in the last quarter. Institutional investors and hedge funds own 43.66% of the company's stock.
Analyst Upgrades and Downgrades
Several equities research analysts have recently commented on RYAAY shares. Erste Group Bank downgraded Ryanair from a "buy" rating to a "hold" rating in a report on Wednesday, February 18th. Citigroup reissued a "buy" rating on shares of Ryanair in a report on Tuesday, May 19th. Weiss Ratings downgraded Ryanair from a "buy (b-)" rating to a "hold (c+)" rating in a report on Monday, April 6th. Evercore raised Ryanair from an "in-line" rating to an "outperform" rating and set a $80.00 price target for the company in a report on Thursday, March 12th. Finally, Morgan Stanley reaffirmed an "overweight" rating on shares of Ryanair in a report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Ryanair currently has a consensus rating of "Moderate Buy" and a consensus target price of $75.67.
View Our Latest Research Report on RYAAY
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.
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