Core Viewpoint - Ryanair's shares have increased by 11.7% over the past month, reaching a 52-week high of $74.24, with a year-to-date gain of 2.3% compared to the Zacks Transportation sector's 3% and the Airline industry's 20.4% [1] Financial Performance - Ryanair has consistently exceeded earnings expectations, reporting an EPS of $3.76 against a consensus estimate of $3.62 in its last earnings report [2] - For the current fiscal year, Ryanair is projected to achieve earnings of $4.8 per share on revenues of $17.81 billion, reflecting a 53.85% increase in EPS and an 18.35% increase in revenues [3] - The next fiscal year forecasts earnings of $5.45 per share on revenues of $18.79 billion, indicating a year-over-year change of 13.65% in EPS and 5.52% in revenues [3] Valuation Metrics - Ryanair's stock trades at 15.4 times the current fiscal year EPS estimates, which is above the peer industry average of 9.8 times [7] - The trailing cash flow basis shows Ryanair trading at 12.9 times, compared to the peer group's average of 5.5 times, with a PEG ratio of 0.76, positioning it favorably for value investors [7] Zacks Rank - Ryanair holds a Zacks Rank of 2 (Buy), supported by a positive earnings estimate revision trend, making it a suitable choice for investors looking for stocks with strong performance indicators [8] Industry Comparison - LATAM Airlines Group S.A. is a notable peer with a Zacks Rank of 2 (Buy) and strong earnings expectations, indicating competitive positioning within the industry [9] - LATAM is expected to post earnings of $5.81 per share on revenues of $14.42 billion for the current fiscal year, with shares gaining 11% over the past month [10]
Ryanair Holdings PLC (RYAAY) Hit a 52 Week High, Can the Run Continue?