Ryanair(RYAAY)
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Wall Street Analysts See a 27.85% Upside in Ryanair (RYAAY): Can the Stock Really Move This High?
ZACKS· 2024-10-29 14:55
Shares of Ryanair (RYAAY) have gained 0.6% over the past four weeks to close the last trading session at $45.43, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $58.08 indicates a potential upside of 27.9%.The mean estimate comprises four short-term price targets with a standard deviation of $3.31. While the lowest estimate of $54 indicates an 18.9% increase from the current pri ...
Should Value Investors Buy Ryanair (RYAAY) Stock?
ZACKS· 2024-10-18 14:45
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Valu ...
Ryanair Chief Says Boeing To Blame For Lower Traffic Growth
Forbes· 2024-10-16 21:55
Michael O'Leary became CEO of Ryanair in 1994 and has held the role ever since. NurPhoto via Getty Images Ryanair's CEO Michael O'Leary said that in his 30 years in the airline industry he had never seen capacity constraints like those he's facing now. The longtime chief of Europe's largest airline laid out the difficulties that Boeing's delayed deliveries are creating for his carrier in an interview with Reuters Wednesday. "We were supposed to get 20 deliveries before the end of December. They'll probably ...
Ryanair: Undervalued Despite Short-Term Revenue And Margin Pressures
Seeking Alpha· 2024-10-10 14:19
Company Overview - Ryanair is a budget-friendly airline based in Ireland [1] - The company's share price has recently dropped from $58.50 to $44, marking a decline of 24.70% [1] Financial Performance - The recent decline in share price is primarily attributed to the company's poor financial performance in 1Q25 [1]
Ryanair Holdings Plc Set To Fly Higher
Seeking Alpha· 2024-10-09 07:58
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Irish regulator to probe Ryanair use of facial recognition
TechXplore· 2024-10-04 14:49
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Ireland's data protection watchdog said Ryanair customers across the EU complained about the company's processing of personal data. Ireland's data watchdog said Friday it will probe whether budget airline Ryanair's use of facial recognition to check the identity of customers booking through third-party websites violates EU privac ...
Ryanair Stock Plunges 25.4% in 6 Months: Should You Buy the Dip?
ZACKS· 2024-10-03 17:01
Core Viewpoint - Ryanair Holdings (RYAAY) has experienced a significant decline in stock price, underperforming compared to its industry and other airline operators over the past 180 days [1][3]. Financial Performance - Currently trading at $43.01, RYAAY has rebounded 23.34% from its 52-week low of $34.87 but remains 28.66% below its 52-week high of $60.29 [3]. - Total operating costs increased by 24% year over year during fiscal 2024, driven by a 32% rise in fuel costs and higher staff expenses [4]. - In the first quarter of fiscal 2025, operating costs rose 11% year over year, influenced by increased staff costs and Boeing delivery delays [5]. Market Demand - Passenger volumes have shown robust growth, with RYAAY's traffic rising 9% year over year during fiscal 2024 and 10% year over year in the first quarter of fiscal 2025 [7]. - In September 2024, RYAAY transported 19.1 million passengers, marking a 10% increase year over year, with a load factor of 94% [8]. Future Outlook - RYAAY anticipates an 8% increase in traffic for fiscal 2025, contingent on Boeing deliveries returning to contracted levels [9]. - The company has a strong balance sheet, with cash and equivalents increasing to $5.15 billion in the first quarter of fiscal 2025 from $3.49 billion a year earlier, and long-term debt decreasing to $2.7 billion [10][11]. Shareholder Returns - RYAAY has completed over 50% of its €700 million share buyback program initiated in May 2024, returning over €7.8 billion to shareholders since 2008 [11]. - A final dividend payment of €0.178 per share was made in September 2024 [11].
Ryanair(RYAAY) - 2025 Q2 - Quarterly Report
2024-11-04 11:19
Revenue Performance - Scheduled revenues decreased by 2% to €5.95 billion, with traffic growing 9% to 115.3 million despite challenges[31] - Ancillary revenues increased by 10% to €2.74 billion, contributing to total revenues rising 1% to €8.69 billion[32] - Scheduled revenues for Q2 FY25 rose by 1% to €3.62 billion, with traffic growing 9% to 59.8 million[41] - Ancillary revenues in Q2 FY25 rose by 9% to €1.44 billion, leading to total revenues increasing by 3% to €5.07 billion[42] - Scheduled revenues for the half-year ended September 30, 2024, were €5.949 billion, while ancillary revenues were €2.742 billion[81] - Total revenue for the half-year ended September 30, 2024, was €8.692 billion, an increase from €8.575 billion in the same period of 2023[84] Operating Expenses - Operating expenses for fuel and oil rose by 3% to €2.90 billion, while airport and handling charges increased by 12% to €965 million[33] - Staff costs surged by 21% to €897 million due to a larger fleet and ongoing Boeing delivery delays[34] - Staff costs in Q2 FY25 increased by 17% to €449 million, reflecting a larger fleet and higher crewing ratios[45] Financial Position - Net finance income was up 57% to €50 million, supported by a strong cash balance[37] - Gross cash stood at €3.33 billion at September 30, 2024, with net cash at €0.59 billion[38] - Shareholders' equity increased by €0.14 billion to €7.76 billion, driven by a net profit of €1.79 billion[39] - The Group's non-current financial liabilities include long-term debt of €488.9M and bonds valued at €1,197.5M as of September 30, 2024[93] - The total financial liabilities as of September 30, 2024, amounted to €5,594.4M, with current liabilities including trade payables of €883.7M and accrued expenses of €1,592.6M[98] - As of September 30, 2024, the fair value of the Group's financial assets was €3,483.6M, with current financial assets including cash and cash equivalents[97] Capital Expenditures and Investments - Capital expenditures for the period amounted to €760.5 million, reflecting significant investment in aircraft[80] - The Group's net capital additions during the period were €0.69 billion, primarily for aircraft purchases[86] - The Group ordered up to 300 new Boeing 737-MAX-10 aircraft for delivery between 2027 and 2033, approved at the AGM in September 2023[77] Dividends and Share Buybacks - A final dividend of €0.178 per share was paid on September 19, 2024, in line with the Group's Dividend Policy[99] - The Company completed a €700M share buyback program in August 2024 and announced an additional €800M program, buying back approximately 47M shares at a total cost of €0.87BN, equivalent to about 4% of the issued share capital[100] - The Company declared an interim dividend of €0.223 per share payable in late February 2025[103] - Between October 1, 2024, and October 31, 2024, the Company bought back approximately 5M ordinary shares at a cost of approximately €99M under the ongoing €800M share buyback program[102] Taxation - The Group's consolidated tax expense for the half-year ended September 30, 2024, was €276 million, with an effective tax rate of approximately 13%[75] Assets and Fleet - As of September 30, 2024, the Group reported €10.94 billion in long-lived assets, with €10.70 billion related to aircraft[69] - The operating fleet consisted of 581 Boeing 737 and 27 Airbus A320 aircraft as of September 30, 2024[77] - The estimated residual value of each aircraft is 15% of market value on delivery, with a useful life of 23 years[71] Financial Risk Management - The Group's financial risk exposures are primarily related to commodity price, foreign exchange, and interest rate risks, managed through financial instruments[89] - There were no changes in the Group's risk management policies during the period[90] Other Information - No related party transactions materially affected the financial position or performance of the Group for the half-year ended September 30, 2024[88] - The maintenance and integrity of the Ryanair Holdings plc website is the responsibility of the Directors, and auditors do not accept responsibility for any changes to the financial statements since their initial presentation[124] - Legislation in the Republic of Ireland governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions[124]
Airline Stocks Report August Traffic Numbers: An Analysis
ZACKS· 2024-09-25 18:55
The Zacks Airline industry has been benefiting from buoyant air travel demand, both on domestic and international fronts. Upbeat passenger volumes have always been acting as a tailwind. Higher bookings contribute to the airlines' top-line performance. While air travel demand is robust on the leisure front, business travel has also made an encouraging comeback. Further, the decline in fuel expenses represents another tailwind for the industry. Notably, oil prices declined almost 15.6% from the beginning of J ...
Here's Why You Should Invest in Ryanair Stock Right Now
ZACKS· 2024-09-25 15:05
Ryanair's (RYAAY) top line is bolstered by an uptick in air travel demand. The company's proactive measures toward fleet modernization and sustainability are commendable. Owing to the tailwinds, RYAAY shares have performed impressively on the bourse. If you have not taken advantage of its share price appreciation yet, it's time to do so. Let's delve deeper. Factors Favoring RYAAY Stock Robust Price Performance: A look at the company's price trend reveals that its shares have risen 18.1% over the past year, ...