Erste Group Bank Predicts Increased Earnings for Ryanair

Ryanair Holdings PLC (NASDAQ:RYAAY) – Research analysts at Erste Group Bank upped their FY2027 earnings per share estimates for Ryanair in a note issued to investors on Thursday, August 27th. Erste Group Bank analyst H. Engel now forecasts that the transportation company will post earnings of $4.05 per share for the year, up from their previous estimate of $4.04. The consensus estimate for Ryanair’s current full-year earnings is $4.39 per share.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings data on Friday, July 17th. The transportation company reported $1.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.18). The company had revenue of $5 billion for the quarter, compared to the consensus estimate of $5.06 billion. Ryanair had a net margin of 12.14% and a return on equity of 21.23%.

Other equities research analysts have also recently issued reports about the company. Royal Bank Of Canada reiterated an “outperform” rating on shares of Ryanair in a research report on Tuesday, May 19th. Weiss Ratings upgraded shares of Ryanair from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, July 21st. Zacks Research cut shares of Ryanair from a “hold” rating to a “strong sell” rating in a research note on Monday, August 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Ryanair in a report on Tuesday, July 14th. Finally, Morgan Stanley began coverage on shares of Ryanair in a research note on Friday, August 14th. They issued an “overweight” rating and a $62.90 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Ryanair currently has an average rating of “Moderate Buy” and a consensus price target of $73.97.

Ryanair Stock Down 2.8%

Shares of NASDAQ RYAAY opened at $53.82 on Monday. The company has a market cap of $27.93 billion, a P/E ratio of 12.94, a P/E/G ratio of 1.57 and a beta of 1.16. Ryanair has a 52 week low of $53.14 and a 52 week high of $74.24. The business has a 50-day simple moving average of $60.36 and a two-hundred day simple moving average of $60.31.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd raised its stake in Ryanair by 39.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 584 shares of the transportation company’s stock valued at $42,000 after purchasing an additional 165 shares in the last quarter. Strategic Investment Advisors MI grew its stake in Ryanair by 4.9% in the 1st quarter. Strategic Investment Advisors MI now owns 3,965 shares of the transportation company’s stock worth $230,000 after buying an additional 184 shares in the last quarter. One Wealth Advisors LLC grew its stake in Ryanair by 3.1% in the 4th quarter. One Wealth Advisors LLC now owns 6,225 shares of the transportation company’s stock worth $449,000 after buying an additional 185 shares in the last quarter. CIBC Private Wealth Group LLC increased its holdings in shares of Ryanair by 41.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 669 shares of the transportation company’s stock worth $48,000 after buying an additional 197 shares during the last quarter. Finally, AdvisorShares Investments LLC increased its holdings in shares of Ryanair by 1.1% in the 4th quarter. AdvisorShares Investments LLC now owns 18,145 shares of the transportation company’s stock worth $1,310,000 after buying an additional 201 shares during the last quarter. Hedge funds and other institutional investors own 43.65% of the company’s stock.

Insider Buying and Selling at Ryanair

In other Ryanair news, insider John Jh Hurley sold 15,000 shares of the firm’s stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $31.24, for a total value of $468,600.00. Following the sale, the insider owned 76,025 shares of the company’s stock, valued at $2,375,021. This trade represents a 16.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Ryanair Announces Dividend

The firm also recently announced a special dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, August 7th will be paid a $0.4434 dividend. The ex-dividend date is Friday, August 7th. Ryanair’s dividend payout ratio is currently 24.52%.

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.