Should Investors Be Selling Ryanair Holdings (NASDAQ:RYAAY) Stock Following Today’s Raymond James Downgrade?

August 10, 2018 - By Ann Prendergast

Ryanair Holdings plc (NASDAQ:RYAAY) Logo

Ryanair Holdings (NASDAQ:RYAAY) Receives a Downgrade

Equity research analysts at Raymond James’s research division cut the rating for shares of Ryanair Holdings (NASDAQ:RYAAY) from a Outperform to a Market Perform on Thursday, 9 August.

Ryanair Holdings plc (NASDAQ:RYAAY) Ratings Coverage

Among 2 analysts covering Ryanair Holdings Plc (NASDAQ:RYAAY), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Ryanair Holdings Plc had 2 analyst reports since June 7, 2018 according to SRatingsIntel. The stock of Ryanair Holdings plc (NASDAQ:RYAAY) has “Hold” rating given on Thursday, June 7 by Deutsche Bank. The stock has “Market Perform” rating by Raymond James on Thursday, August 9.

The stock decreased 1.52% or $1.54 during the last trading session, reaching $99.52. About 257,377 shares traded. Ryanair Holdings plc (NASDAQ:RYAAY) has risen 14.68% since August 10, 2017 and is uptrending. It has outperformed by 2.11% the S&P500.

Analysts await Ryanair Holdings plc (NASDAQ:RYAAY) to report earnings on October, 30. They expect $5.75 EPS, up 32.49 % or $1.41 from last year’s $4.34 per share. RYAAY’s profit will be $1.03B for 4.33 P/E if the $5.75 EPS becomes a reality. After $1.62 actual EPS reported by Ryanair Holdings plc for the previous quarter, Wall Street now forecasts 254.94 % EPS growth.

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, continental Europe, Morocco, and Israel. The company has market cap of $17.87 billion. It also offers various ancillary services, such as non-flight scheduled services and Internet-related services; and markets accommodation services and travel insurance through its Website, as well as engages in the in-flight sale of beverages, food, and merchandise. It has a 13.54 P/E ratio. In addition, the firm sells bus and rail tickets onboard its aircraft and through its Website; and markets car parking, attractions, and activities, as well as gift vouchers through its Website.

More important recent Ryanair Holdings plc (NASDAQ:RYAAY) news were published by: which released: “Ryanair: Low-Cost Entry Point For A Low-Cost Airline” on July 17, 2018, also published article titled: “Tiger Management’s Top Growth Picks”, published: “38 Biggest Movers From Yesterday” on July 24, 2018. More interesting news about Ryanair Holdings plc (NASDAQ:RYAAY) was released by: and their article: “Ryanair Holdings PLC (RYAAY) CEO Michael O’Leary on Q1 2019 Results – Earnings Call Transcript” with publication date: July 23, 2018.

Ryanair Holdings plc (NASDAQ:RYAAY) Ratings Chart

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