New Lifetime High Today: Ryanair Holdings (RYAAY)

Trade-Ideas LLC identified Ryanair Holdings (RYAAY) as a new lifetime high candidate
By TheStreet Wire ,

Trade-Ideas LLC identified

Ryanair Holdings

(

RYAAY

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Ryanair Holdings as such a stock due to the following factors:

  • RYAAY has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $52.4 million.
  • RYAAY has traded 15,927 shares today.
  • RYAAY is trading at a new lifetime high.

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More details on RYAAY:

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, continental Europe, and Morocco. The stock currently has a dividend yield of 2.6%. RYAAY has a PE ratio of 32. Currently there are 3 analysts that rate Ryanair Holdings a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Ryanair Holdings has been 414,300 shares per day over the past 30 days. Ryanair has a market cap of $22.0 billion and is part of the services sector and transportation industry. Shares are up 14.4% year-to-date as of the close of trading on Wednesday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Ryanair Holdings as a

buy

. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, solid stock price performance, notable return on equity, largely solid financial position with reasonable debt levels by most measures and increase in net income. We feel its strengths outweigh the fact that the company shows weak operating cash flow.

Highlights from the ratings report include:

  • RYANAIR HOLDINGS PLC's earnings per share improvement from the most recent quarter was slightly positive. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, RYANAIR HOLDINGS PLC increased its bottom line by earning $3.44 versus $2.56 in the prior year. This year, the market expects an improvement in earnings ($5.23 versus $3.44).
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Airlines industry and the overall market on the basis of return on equity, RYANAIR HOLDINGS PLC has underperformed in comparison with the industry average, but has exceeded that of the S&P 500.
  • Investors have apparently begun to recognize positive factors similar to those we have mentioned in this report, including earnings growth. This has helped drive up the company's shares by a sharp 39.73% over the past year, a rise that has exceeded that of the S&P 500 Index. We feel that the stock's sharp appreciation over the last year has driven it to a price level which is now somewhat expensive compared to the rest of its industry. The other strengths this company shows, however, justify the higher price levels.
  • RYAAY, with its decline in revenue, slightly underperformed the industry average of 6.0%. Since the same quarter one year prior, revenues slightly dropped by 10.0%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
  • Even though the current debt-to-equity ratio is 1.08, it is still below the industry average, suggesting that this level of debt is acceptable within the Airlines industry. Regardless of the somewhat mixed results with the debt-to-equity ratio, the company's quick ratio of 1.45 is sturdy.

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