Ryanair Holdings (RYAAY) Reaches New Lifetime High Today

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

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 $22.9 million.
  • RYAAY has traded 5,037 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 3%. RYAAY has a PE ratio of 28. 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 422,000 shares per day over the past 30 days. Ryanair has a market cap of $19.5 billion and is part of the services sector and transportation industry. Shares are down 1.5% year-to-date as of the close of trading on Thursday.

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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 solid stock price performance, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company has had sub par growth in net income.

Highlights from the ratings report include:
  • Compared to its closing price of one year ago, RYAAY's share price has jumped by 33.33%, exceeding the performance of the broader market during that same time frame. 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.
  • RYANAIR HOLDINGS PLC's earnings per share declined by 50.0% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, RYANAIR HOLDINGS PLC increased its bottom line by earning $3.35 versus $2.50 in the prior year. This year, the market expects an improvement in earnings ($3.84 versus $3.35).
  • Current return on equity exceeded its ROE from the same quarter one year prior. This is a clear sign of strength within the company. 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.
  • RYAAY, with its very weak revenue results, has greatly underperformed against the industry average of 3.1%. Since the same quarter one year prior, revenues plummeted by 62.5%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
  • Even though the current debt-to-equity ratio is 1.10, 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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