Ryanair (RYAAY) Projected to Release Quarterly Earnings on Monday

Ryanair (NASDAQ:RYAAY) is projected to release its results before the market opens on Monday, November 2nd. Analysts expect Ryanair to post earnings of $3.46 per share and revenue of $6.46 billion for the quarter.

Ryanair Trading Up 0.6%

Shares of NASDAQ:RYAAY opened at $53.72 on Friday. The company has a market cap of $27.82 billion, a PE ratio of 12.91, a price-to-earnings-growth ratio of 4.40 and a beta of 1.19. Ryanair has a twelve month low of $51.02 and a twelve month high of $74.24. The company’s 50 day moving average is $54.20 and its 200 day moving average is $59.85.

Analyst Ratings Changes

Several brokerages have weighed in on RYAAY. Barclays downgraded Ryanair from an “overweight” rating to an “equal weight” rating in a research report on Friday, October 9th. Raymond James Financial reissued a “strong-buy” rating and issued a $74.00 price target on shares of Ryanair in a research note on Monday, August 24th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Ryanair in a research note on Tuesday, July 21st. Oddo Bhf lowered shares of Ryanair from an “outperform” rating to an “underperform” rating in a research report on Wednesday. Finally, Zacks Research raised shares of Ryanair from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $73.97.

About Ryanair

Ryanair Holdings plc is an Ireland-based airline group and the parent company of Ryanair, one of Europe’s largest low-cost carriers. The group operates a primarily short-haul network focused on affordable air travel, offering scheduled passenger flights, seat reservations, priority boarding, and related travel services.

Ryanair’s airline operations include Ryanair DAC, Malta Air, Buzz, Lauda, and Ryanair UK. Together, these carriers serve destinations across Europe and selected markets in North Africa and the Middle East, connecting major cities and regional airports through a point-to-point route network.