Ryanair (NASDAQ:RYAAY) Releases Quarterly Earnings Results, Beats Estimates By $0.24 EPS

Ryanair (NASDAQ:RYAAY) released its quarterly earnings data on Monday. The transportation company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.24, Zacks reports. Ryanair had a net margin of 11.38% and a return on equity of 19.92%.

Ryanair Stock Up 1.3 %

RYAAY opened at $46.14 on Monday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.81 and a current ratio of 0.81. The company has a market capitalization of $24.94 billion, a PE ratio of 15.38, a P/E/G ratio of 1.97 and a beta of 1.50. The stock’s fifty day moving average is $44.13 and its 200-day moving average is $70.06. Ryanair has a one year low of $36.96 and a one year high of $60.29.

Ryanair Dividend Announcement

The company also recently declared a — dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, January 17th will be given a dividend of $0.4677 per share. This represents a dividend yield of 4.2%. The ex-dividend date is Friday, January 17th. Ryanair’s dividend payout ratio (DPR) is presently 33.33%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. StockNews.com upgraded shares of Ryanair from a “hold” rating to a “buy” rating in a research note on Thursday, November 14th. Barclays upgraded Ryanair from an “equal weight” rating to an “overweight” rating in a research report on Friday, October 25th. Finally, UBS Group upgraded Ryanair from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 11th. Four investment analysts have rated the stock with a hold rating, three have given a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, Ryanair has a consensus rating of “Moderate Buy” and a consensus price target of $151.00.

About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.