Ryanair Holdings PLC (RYAAY) Earning Somewhat Favorable Media Coverage, Study Shows

Headlines about Ryanair Holdings PLC (NASDAQ:RYAAY) have trended somewhat positive on Saturday, Accern Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Ryanair Holdings PLC earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media coverage about the transportation company an impact score of 45.7573819828429 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the news headlines that may have impacted Accern’s scoring:

Shares of Ryanair Holdings PLC (RYAAY) opened at 115.10 on Friday. Ryanair Holdings PLC has a 12-month low of $67.56 and a 12-month high of $122.68.

Ryanair Holdings PLC (NASDAQ:RYAAY) last posted its quarterly earnings data on Monday, July 24th. The transportation company reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates of $1.48 by $0.30. The business had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.02 billion. Ryanair Holdings PLC had a net margin of 21.44% and a return on equity of 34.02%. On average, analysts predict that Ryanair Holdings PLC will post $7.58 earnings per share for the current year.

Ryanair Holdings PLC declared that its board has authorized a share repurchase plan on Tuesday, May 30th that permits the company to repurchase shares. This repurchase authorization permits the transportation company to reacquire up to 2.3% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board of directors believes its stock is undervalued.

Several research firms recently weighed in on RYAAY. UBS AG downgraded shares of Ryanair Holdings PLC from a “buy” rating to a “neutral” rating in a research report on Friday, June 2nd. HSBC Holdings plc upgraded shares of Ryanair Holdings PLC from a “hold” rating to a “buy” rating in a research report on Tuesday, July 25th. ValuEngine upgraded shares of Ryanair Holdings PLC from a “hold” rating to a “buy” rating in a research report on Tuesday, June 6th. Goldman Sachs Group, Inc. (The) upgraded shares of Ryanair Holdings PLC from a “neutral” rating to a “buy” rating and upped their price target for the stock from $67.56 to $109.00 in a research report on Thursday, June 15th. Finally, BidaskClub downgraded shares of Ryanair Holdings PLC from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $100.33.

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About Ryanair Holdings PLC

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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