The stock of Ryanair Holdings plc (ADR) (NASDAQ:RYAAY) is a huge mover today! About 238,625 shares traded hands. Ryanair Holdings plc (ADR) (NASDAQ:RYAAY) has declined 14.20% since March 4, 2016 and is downtrending. It has underperformed by 22.24% the S&P500.
The move comes after 6 months negative chart setup for the $15.61 billion company. It was reported on Oct, 7 by Barchart.com. We have $65.20 PT which if reached, will make NASDAQ:RYAAY worth $936.60M less.
Analysts await Ryanair Holdings plc (ADR) (NASDAQ:RYAAY) to report earnings on November, 7. They expect $3.90 EPS, up 293.94% or $2.91 from last year’s $0.99 per share. RYAAY’s profit will be $877.53M for 4.45 P/E if the $3.90 EPS becomes a reality. After $1.10 actual EPS 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 stock of Ryanair Holdings plc (ADR) (NASDAQ:RYAAY) has “Outperform” rating given on Tuesday, November 3 by Raymond James. The rating was initiated by Evercore on Monday, September 28 with “Buy”. HSBC downgraded Ryanair Holdings plc (ADR) (NASDAQ:RYAAY) on Friday, October 2 to “Hold” rating. The rating was downgraded by Cantor Fitzgerald on Monday, August 10 to “Hold”.
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).
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