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Here's Why Investors Should Avoid Ryanair (RYAAY) Stock Now
ZACKS· 2024-08-19 12:16
Ryanair (RYAAY) faces financial instability due to high operating expenses and low liquidity. The strain on the company's bottom line is exacerbated by elevated labor and fuel costs. Additionally, low liquidity impedes its ability to meet obligations, making it a less appealing option for investors' portfolios. Let's delve deeper. Southward Earnings Estimate Revision: The Zacks Consensus Estimate for current-quarter earnings has been revised 6% downward over the past 90 days. For the current year, the conse ...
Ryanair (RYAAY) Q1 Earnings & Revenues Lag Estimates, Down Y/Y
ZACKS· 2024-07-24 16:00
RYAAY's profit after tax of €360 million decreased 46% year over year. Traffic grew 10% year over year despite multiple Boeing delivery delays. Ryanair Holdings plc (RYAAY) reported disappointing first-quarter fiscal 2025 (ended Jun 30, 2024) results wherein both earnings and revenues lagged the Zacks Consensus Estimate. Load factor came in at 94% in the reported quarter. Average fares were down 15%. Ryanair expects its traffic view for fiscal 2025 to grow 8%, subject to Boeing deliveries returning to contr ...
Ryanair: Cash In On The Overreaction
Seeking Alpha· 2024-07-23 14:24
Bradley Caslin IFRS Quarter Ended Ended June 30, June 30, 2024 Change Note EW EM -6% 2,473.7 1,297.2 1,175.6 3,626.1 Ryanair Holdings plc (NASDAQ:RYAAY) released its first-quarter earnings report on Monday, 22nd July, revealing numerous talking points. In fact, the report stunned the market to the extent that Ryanair's stock lost more than 15% of its market value (on the day of its fissal release). NASDAQ | $USD | Pre-Market: $94.41 -2.29 (-2.37%) 5:19 AM Ryanair's Q1 Earnings & The Market's Reaction Operat ...
Ryanair: Softer Pricing Trends But A Decade Of Growth Ahead
Seeking Alpha· 2024-07-23 05:27
Financial Performance - Q1 2025 started slowly for Ryanair, with profits declining partly due to the absence of the Easter effect, which impacted previous results [2] - Ryanair's sales declined by 1% compared to last year, with ancillary top-line sales reaching €1.30 billion (approximately €23.40 per passenger) [2] - The company's net cash increased to €1.74 billion at June's end, a €400 million increase compared to March's end, driven by €500 million in CAPEX and share buybacks [2] - Ryanair reported core EBIT of €365 million, lower than the forecasted €540 million, with top-line sales of €3.6 billion compared to the projected €3.8 billion [6] - Adjusted net income reached €1.45 billion with an EPS of €1.55, despite a 49% decline in Q1 EBIT [6] Operational Updates - Ryanair received 10 B737-8200 planes in Q1, reducing fuel consumption by 16% and offering 4% more seats [2] - The company opened five new bases with over 200 new routes for the summer of 2024, expanding its EU footprint [2] - Ryanair expects traffic growth of 8% to 200 million passengers for the full year, assuming no further delays in Boeing aircraft deliveries [4] - The company is working with Boeing to improve quality and deliveries, with 156 B737 Gamechangers in the fleet as of June 30 [12] - Ryanair extended its fuel hedges to 75% for FY25, locking in potential savings of over €450 million [6] Market and Industry Trends - EU short-haul capacity remains constrained due to significant maintenance from P&W engine repairs and airline delivery backlogs [2] - Ryanair's Gamechanger Strategy is expected to offer a decade of low-fare profitable growth, despite capacity constraints [2] - Average fares are down by 15%, signaling bigger-than-expected weakness for European airlines this summer [4] - The company faces competition from Wizz and EasyJet, along with potential delays in B737 MAX aircraft deliveries [8] - Consumer demand is softening, with lower fares and increased fare sales by low-cost carriers [10] Strategic Initiatives - Ryanair is progressing with its share buyback program, with room for an additional €350 million repurchase [2] - The company has completed over 50% of its €700 million share buyback program [12] - Ryanair is focusing on the delivery of the next 50 B-8200s before S.25, despite Boeing delays [13] - The company's balance sheet remains one of the strongest in the industry, supported by dividend payments and share repurchases [2] Valuation and Outlook - Ryanair's stock price is down by approximately 17% following the Q1 2025 update [10] - The company's valuation aligns with its historical average on a FWD P/E, with a target of €15.5 per share [14] - Despite a consumer slowdown, Ryanair's medium-term outlook remains optimistic, supported by its unique cost basis and solid balance sheet [14] - The company's load factor was 94%, one basis point lower than last year's results [6] - Ryanair's fuel savings partially offset the earnings decline projection from lower fares expected in Q2 [6]
Ryanair(RYAAY) - 2025 Q1 - Earnings Call Transcript
2024-07-22 15:56
Ryanair Holdings plc (NASDAQ:RYAAY) Q1 2025 Results Conference Call July 22, 2024 5:00 AM ET Company Participants Stephen Furlong - Davy Jarrod Castle - UBS Alex Irving - Bernstein Harry Gowers - JPMorgan Dudley Shanley - Goodbody Jaime Rowbotham - Deutsche Bank James Hollins - BNP Paribas Sathish Sivakumar - Citi Savanthi Syth - Raymond James Duane Pfennigwerth - Evercore ISI Muneeba Kayani - Bank of America Gerald Khoo - Liberum Alex Paterson - Peel Hunt Johannes Braun - Stifel Michael OÂ'Leary We reporte ...
Airline Stock Plummets Alongside Profits
Schaeffers Investment Research· 2024-07-22 15:13
Now trading at its lowest levels since November, RYAAY is down 27.9% since the start of the year. The 50-day moving average has also been a firm line of pressure since April, as the stock fell from its April 8 record high of $150.73. Analysts have yet to chime in on the earnings event, though there is plenty of room for pessimism. Of the 10 brokerages in coverage, six carry a "buy" or better rating, and four a tepid "hold," with no negative ratings. Plus, the 12-month consensus price target of $151.25 is a ...
Ryanair Plunges After Projecting 'Materially Lower' Summer Fares
Investopedia· 2024-07-22 14:52
Ryanair reported first-quarter profit Monday that was roughly half of what it posted a year ago. Average fares decreased 15% year-over-year, partially offset by a 10% increase in customers. The company now expects summer fares to be "materially lower than last summer." "In the last 10 days of June we suffered a significant deterioration in European [air traffic control] capacity which caused multiple flight delays and cancellations, especially on first wave morning flights," the company said. Ryanair's ADRs ...
Why Is Ryanair (RYAAY) Stock Down 14% Today?
Investor Place· 2024-07-22 12:56
Ryanair (NASDAQ:RYAAY) stock is dropping on Monday after the company provided investors with its earnings results for its fiscal first quarter of 2025. The company's negative earnings report for fiscal Q1 also includes profits of 360 million euros. To put that in perspective, the company reported a profit of 662.9 million euros in the same period of the year prior. "In the last 10 days of June we suffered a significant deterioration in European ATC capacity which caused multiple flight delays and cancellati ...
Ryanair Posts Q1 Results, Joins CrowdStrike And Other Big Stocks Moving Lower In Monday's Pre-Market Session
Benzinga· 2024-07-22 12:13
Loading... Shares of Ryanair Holdings plc RYAAY shares fell sharply in today's pre-market trading after the company reported first-quarter results. Ryanair shares dipped 11.6% to $101.10 in the pre-market trading session. Redwire Corporation RDW shares fell 6.2% to $6.55 in pre-market trading. B. Riley Securities analyst Mike Crawford downgraded Redwire from Buy to Neutral, but raised the price target from $6 to $8. Clear Channel Outdoor Holdings, Inc. CCO shares fell 6% to $1.58 in pre-market trading. Clea ...
Ryanair shares tumble 11% as budget airline reports 46% fall in quarterly profit, sees lower fares
CNBC· 2024-07-22 07:36
At 8:35 a.m. London time, Ryanair shares were down by 11.4%. Ryanair cited weaker-than-anticipated fares and the Easter season falling into the previous quarter as reasons for the drop in profit. In a statement, Ryanair Group CEO Michael O'Leary said fares were also now expected to be lower than expected over the next three months. This is a developing story. Please refresh for updates. The budget airline said that profit after tax in the three months to the end of June — Ryanair's first quarter — came in a ...