Price Action Report: What’s Propelling Ryanair Holdings plc (ADR) to Increase So Much?

Price Action Report: What's Propelling Ryanair Holdings plc (ADR) to Increase So Much?

The stock of Ryanair Holdings plc (ADR) (NASDAQ:RYAAY) is a huge mover today! About 300,427 shares traded hands. Ryanair Holdings plc (ADR) (NASDAQ:RYAAY) has declined 16.25% since March 8, 2016 and is downtrending. It has underperformed by 25.56% the S&P500.
The move comes after 7 months positive chart setup for the $15.49 billion company. It was reported on Oct, 11 by We have $110.57 PT which if reached, will make NASDAQ:RYAAY worth $9.60 billion more.

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 $885.14 million for 4.38 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 stock of Ryanair Holdings plc (ADR) (NASDAQ:RYAAY) has “Hold” rating given on Monday, August 10 by Cantor Fitzgerald. The rating was initiated by Evercore on Monday, September 28 with “Buy”. The stock has “Hold” rating given by HSBC on Friday, October 2.

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: which released: “Ryanair Holdings PLC ADR” on July 27, 2009, also with their article: “Bear of the Day: Ryanair Holdings plc (ADR) Falters (RYAAY)” published on July 20, 2016, 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: and their article: “Ryanair’s Annual Net Profit Squeezed by Oil Hedging” published on May 23, 2016 as well as‘s news article titled: “Ryanair Shareholders Rewarded With Massive Buyback Program” with publication date: February 01, 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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