Let’s look at the key reasons that are pushing Ryanair Holdings Plc ADR (RYAAY) to new highs

A new trading day began on Tuesday, with Ryanair Holdings Plc ADR (NASDAQ: RYAAY) stock price down -1.78% from the previous day of trading, before settling in for the closing price of $45.43. RYAAY’s price has ranged from $34.87 to $60.29 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Industrials Sector giant saw their annual sales surged by 49.94% over the last five years. Meanwhile, its annual earnings per share averaged -17.51%. With a float of $224.34 million, this company’s outstanding shares have now reached $570.02 million.

The firm has a total of 27076 workers. Let’s measure their productivity. In terms of profitability, gross margin is 26.74%, operating margin of 12.78%, and the pretax margin is 13.32%.

Ryanair Holdings Plc ADR (RYAAY) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Airlines Industry. The insider ownership of Ryanair Holdings Plc ADR is 0.01%, while institutional ownership is 125.07%.

Ryanair Holdings Plc ADR (RYAAY) Recent Fiscal highlights

In its latest quarterly report, released on 6/30/2024, the company reported earnings of 2.87 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -17.51% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.80% during the next five years compared to 15.29% growth over the previous five years of trading.

Ryanair Holdings Plc ADR (NASDAQ: RYAAY) Trading Performance Indicators

Here are Ryanair Holdings Plc ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.69. Likewise, its price to free cash flow for the trailing twelve months is 7.70.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.06, a number that is poised to hit 2.82 in the next quarter and is forecasted to reach 3.83 in one year’s time.

Technical Analysis of Ryanair Holdings Plc ADR (RYAAY)

Analysing the last 5-days average volume posted by the [Ryanair Holdings Plc ADR, RYAAY], we can find that recorded value of 1.09 million was lower than the volume posted last year of 1.62 million. As of the previous 9 days, the stock’s Stochastic %D was 52.10%. Additionally, its Average True Range was 1.14.

During the past 100 days, Ryanair Holdings Plc ADR’s (RYAAY) raw stochastic average was set at 62.23%, which indicates a significant increase from 48.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.18% in the past 14 days, which was lower than the 40.38% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $44.16, while its 200-day Moving Average is $49.27. Now, the first resistance to watch is $44.86. This is followed by the second major resistance level at $45.09. The third major resistance level sits at $45.51. If the price goes on to break the first support level at $44.21, it is likely to go to the next support level at $43.79. Now, if the price goes above the second support level, the third support stands at $43.56.

Ryanair Holdings Plc ADR (NASDAQ: RYAAY) Key Stats

With a market capitalization of 10.01 billion, the company has a total of 547,068K Shares Outstanding. Currently, annual sales are 14,550 M while annual income is 2,075 M. The company’s previous quarter sales were 3,905 M while its latest quarter income was 387,680 K.