The stock of Ryanair Holdings plc (ADR) (NASDAQ:RYAAY) is a huge mover today! About 424,607 shares traded hands. Ryanair Holdings plc (ADR) (NASDAQ:RYAAY) has declined 14.97% since March 15, 2016 and is downtrending. It has underperformed by 20.46% the S&P500.
The move comes after 5 months positive chart setup for the $17.06B company. It was reported on Oct, 18 by Barchart.com. We have $103.27 PT which if reached, will make NASDAQ:RYAAY worth $7.34 billion more.
Analysts await Ryanair Holdings plc (ADR) (NASDAQ:RYAAY) to report earnings on November, 7. They expect $3.90 earnings per share, up 293.94% or $2.91 from last year’s $0.99 per share. RYAAY’s profit will be $921.27 million for 4.63 P/E if the $3.90 EPS becomes a reality. After $1.10 actual earnings per share reported by Ryanair Holdings plc (ADR) for the previous quarter, Wall Street now forecasts 254.55% EPS growth.
Ryanair Holdings plc (ADR) (NASDAQ:RYAAY) Ratings Coverage
Out of 5 analysts covering Ryanair Hldgs (NASDAQ:RYAAY), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. Ryanair Hldgs has been the topic of 5 analyst reports since August 10, 2015 according to StockzIntelligence Inc. The rating was downgraded by HSBC to “Hold” on Friday, October 2. The firm has “Hold” rating by Cantor Fitzgerald given on Monday, August 10. Raymond James upgraded the stock to “Outperform” rating in Tuesday, November 3 report. As per Monday, September 28, the company rating was initiated by Evercore.
According to Zacks Investment Research, “Ryanair operates an ultra-low cost, scheduled airline serving short-haul, point-to-point routes largely in Europe from its bases in airports across Europe. The company offers over 1,600 scheduled short-haul flights per day serving airports largely throughout Europe, with a principal fleet of Boeing 737-800 aircraft.”
More notable recent Ryanair Holdings plc (ADR) (NASDAQ:RYAAY) news were published by: Marketwatch.com which released: “Ryanair Holdings PLC ADR” on July 27, 2009, also Investorplace.com with their article: “Bear of the Day: Ryanair Holdings plc (ADR) Falters (RYAAY)” published on July 20, 2016, Investorplace.com published: “Why Barclays PLC (ADR) (BCS), Micron Technology, Inc. (MU) and Ryanair …” on June 27, 2016. More interesting news about Ryanair Holdings plc (ADR) (NASDAQ:RYAAY) were released by: Bidnessetc.com and their article: “Ryanair Holdings plc (ADR) Eyes Additional Boeing’s 737 Jets through Canceled …” published on September 02, 2016 as well as Businessfinancenews.com‘s news article titled: “Ryanair’s Annual Net Profit Squeezed by Oil Hedging” with publication date: May 23, 2016.
RYAAY Company Profile
Ryanair Holdings plc (Ryanair Holdings), incorporated on June 5, 1996, is a holding firm for Ryanair Limited (Ryanair). Ryanair operates an ultra-low fare, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the United Kingdom, Continental Europe, Morocco and Israel. As of June 30, 2016, Ryanair had a principal fleet of over 350 Boeing 737-800 aircraft and offered over 2,000 scheduled short-haul flights per day serving approximately 200 airports throughout Europe. Ryanair’s principal fleet consists of Boeing 737-800 aircraft, each having approximately 189 seats. Ryanair has installed an automatic data capturing system on each of its Boeing 737-800 aircraft, which captures and downloads aircraft performance information for use as part of operational flight data monitoring (OFDM).
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.