News stories about Ryanair Holdings PLC (NASDAQ:RYAAY) have been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Ryanair Holdings PLC earned a news impact score of 0.07 on Accern’s scale. Accern also gave headlines about the transportation company an impact score of 45.6294180258784 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
RYAAY has been the subject of several research reports. Goldman Sachs Group, Inc. (The) upgraded shares of Ryanair Holdings PLC from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $67.56 to $109.00 in a research note on Thursday, June 15th. ValuEngine upgraded shares of Ryanair Holdings PLC from a “hold” rating to a “buy” rating in a research note on Tuesday, June 6th. BidaskClub downgraded shares of Ryanair Holdings PLC from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. HSBC Holdings plc upgraded shares of Ryanair Holdings PLC from a “hold” rating to a “buy” rating in a research note on Tuesday, July 25th. Finally, UBS AG downgraded shares of Ryanair Holdings PLC from a “buy” rating to a “neutral” rating in a research note on Friday, June 2nd. Three analysts have rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $100.33.
Shares of Ryanair Holdings PLC (NASDAQ RYAAY) traded down 1.93% during mid-day trading on Friday, hitting $108.15. 335,549 shares of the company’s stock were exchanged. The company has a market capitalization of $25.69 billion, a price-to-earnings ratio of 15.42 and a beta of 0.61. The firm has a 50 day moving average price of $115.06 and a 200-day moving average price of $101.99. Ryanair Holdings PLC has a 52 week low of $67.56 and a 52 week high of $122.68.
Ryanair Holdings PLC (NASDAQ:RYAAY) last posted its earnings results on Monday, July 24th. The transportation company reported $1.78 EPS for the quarter, beating the consensus estimate of $1.48 by $0.30. The firm had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.02 billion. Ryanair Holdings PLC had a return on equity of 34.02% and a net margin of 21.44%. On average, equities analysts anticipate that Ryanair Holdings PLC will post $7.58 EPS for the current year.
Ryanair Holdings PLC declared that its Board of Directors has initiated a share buyback program on Tuesday, May 30th that authorizes the company to buyback shares. This buyback authorization authorizes the transportation company to purchase up to 2.3% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.
Ryanair Holdings PLC Company Profile
Ryanair Holdings plc (Ryanair Holdings) is a holding company 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. Ryanair provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food and merchandise.
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