RYA.L - Ryanair Holdings plc
| Previous close | 8.52 |
| Open | 8.77 |
| Bid | 9.75 x 0 |
| Ask | 9.76 x 0 |
| Day's range | 8.77 - 9.86 |
| 52-week range | 8.05 - 1,251.50 |
| Volume | 2,328,606 |
| Avg. volume | 3,761,006 |
| Market cap | 10.624B |
| Beta (5Y monthly) | 1.01 |
| PE ratio (TTM) | 10.60 |
| EPS (TTM) | 0.92 |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 12 Feb 2015 |
| 1y target est | 14.77 |
- Zacks
Ryanair (RYAAY) Tweaks FY20 Profit View on Coronavirus Woes
Ryanair (RYAAY) is currently operating less than 20 flights per day, reflecting a 99% decline from the pre-coronavirus levels.
- Yahoo Finance UK
What to Watch: Record EU PMI slump, markets fall, Primark pay cuts
A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.
- Yahoo Finance UK
Coronavirus: Ryanair expects €1bn profits despite 48% collapse in March traffic
The Irish budget airline said it would meet expectations for profit over the past year, but flight numbers are now at just 1% of normal levels.
- Bloomberg
Ryanair to Lose $325 Million From Oil Insurance Trades Gone Bad
(Bloomberg) -- Ryanair Holdings Plc predicted a 300 million-euro ($325 million) hit for the fiscal year that just ended because of costs arising from fuel hedges.Before the extra costs, profit for the year ended March 31 will come in as low as 950 million euros, the bottom end of its previous estimate, the Irish low-cost carrier said Friday. With its planes mostly grounded for April and May, Ryanair said it’s impossible to predict how results will shape up over the coming months.“Given the continued uncertainty on the impact and duration of the Covid-19 pandemic, it is not possible to give FY21 guidance at this time,” Ryanair said in a statement.A plunge in oil prices is usually good for airlines because jet fuel is their biggest expense. Carriers like Ryanair that rely on hedging positions to protect against future price increases have found those insurance policies are now costing them money. The company locked in purchases at prices set much higher, before the free-fall in crude that was fed by the virus and a clash between major oil producers.It’s one more challenge for an airline industry already on life support after measures to protect against the spread of the coronavirus caused an abrupt halt to travel. Ryanair said it’s now operating fewer than 20 daily flights, versus a normal schedule of more than 2,500 per day.The company said its balance sheet remains strong, with cash and equivalents of 3.8 billion euros, and 327 planes unencumbered and debt free. To conserve cash, Ryanair said it’s deferring capital investments, suspending buybacks and cutting management pay. The company said it’s in talks with unions to access government payroll-support across its European footprint.“We expect that the airline could weather a downturn longer than many peers in the European space,” Daniel Roeska, an analyst with Bernstein, said in a note. “The company could last possibly until around the end of the calendar year on current resources.”Ryanair shares were little changed at 8:30 a.m. in Dublin.Roeska said the balance-sheet update was a positive, but he wanted more information on the low-cost carrier’s exposure to ticket refunds and the unearned revenue balance for flights that will be taken once travel resumes.The hedging loss likely will hurt Ryanair’s cash position in the early part of fiscal 2021 because it requires payments to counterparties, he said.Oil prices have been extremely volatile after plunging to an 18-year low on Monday. Prices ranged from $25 to $30 a barrel after a record surge on Thursday following U.S. President Donald Trump’s tweet that he expected global producers to slash output by 10 million barrels or more.(Adds analyst comment in seventh paragraph, oil price background. A previous version of this story was corrected to show the profit forecast didn’t include a 300 million-euro charge)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Reuters
Ryanair misses traffic target, braces for hedging hit
Ryanair missed its 2020 target for passenger traffic and expects to book an exceptional charge of around 300 million euros for the year which ended last month, it said on Friday. It reported 2020 traffic up 4% to 149 million passengers, but that was short of the 151 million it had expected as of March 10 and lower than its earlier target of 154 million. Ryanair has been forced to park much of its fleet.
- Yahoo Finance UK
Coronavirus: Lufthansa to put 87,000 staff on part-time hours
Europe's largest airline group has grounded over 90% of all flights.
- Yahoo Finance UK
Coronavirus: British Airways grounds all flights from Gatwick Airport
Parent company IAG has slashed its flight schedule by 75%.
- Fool.co.uk
EasyJet, IAG, and Ryanair are dirt cheap. What would Warren Buffett do?
Billionaire investor Warren Buffett loves a bargain, but would he touch these three airlines today?The post EasyJet, IAG, and Ryanair are dirt cheap. What would Warren Buffett do? appeared first on The Motley Fool UK.
- Reuters
Ryanair will not operate flights in April or May
Ryanair on Tuesday said it does not expect to operate flights in April or May and has offered its aircraft to European governments for rescue or the essential movement of medicines and personal protective equipment. On March 18, Ryanair said it expected to ground most if not all of its flights from March 24 except a very small number mostly between Britain and Ireland.
- Reuters
Ryanair could survive without revenue for 'maybe even 12 months', CEO tells FT
Ryanair has the cash to survive for "maybe even 12 months" with no flights or revenue as the coronavirus shuts the air travel industry down, CEO Michael O'Leary said in an interview with the Financial Times on Friday. O'Leary said that he and the rest of the airline’s employees will take a 50% pay cut for the months of April and May, the newspaper reported. "The priority here for us as a company is how do we preserve as much cash so that if we have to operate for three, six, nine, maybe even 12 months, with no flights and no revenues how do we survive that, do we have the cash to survive that and we believe we do," O'Leary was quoted as saying.
- Reuters
Ryanair to ground most if not all flights from March 24
Ryanair expects to ground most if not all of its flights from March 24 except a very small number mostly between Britain and Ireland to maintain essential connectivity, the airline said on Wednesday. Ryanair said this week that it would ground most of its aircraft over the next seven to 10 days as Europe's biggest low-cost airline braced for an up to 80% cut in capacity over the next two months and the possible grounding of its entire fleet due to coronavirus travel restrictions. "Ryanair will continue to stay in close contact with the foreign ministries of all EU governments on the repatriation of EU citizens, and where possible we may operate rescue flights to support this repatriation," the Irish carrier said in a statement.
- Zacks
The Zacks Analyst Blog Highlights: Ryanair, Air France KLM, Delta Air Lines, American Airlines and Southwest Airlines
The Zacks Analyst Blog Highlights: Ryanair, Air France KLM, Delta Air Lines, American Airlines and Southwest Airlines
- Zacks
Ryanair (RYAAY) Plunges 27.5%: Time to Buy the Dip?
With Italy being severely hit by coronavirus, Ryanair (RYAAY) cancels multiple flights to/from its primary market.
- Yahoo Finance UK
Travel stocks worst hit as coronavirus pushes Italy to take over Alitalia
Travel stocks were among the worst hit in Europe due to the consequences of the spiralling coronavirus pandemic.
- Reuters
Ryanair slashes flights, says could ground entire fleet
Ryanair will ground most of its aircraft over the next seven to 10 days as Europe's biggest low-cost airline braces for an up to 80% cut in capacity over the next two months and could even ground its entire fleet due to coronavirus travel restrictions. It said the "extraordinary and unprecedented travel restrictions" being implemented across the continent had resulted in a substantial decline in bookings over the last 2 weeks, which it expected it to continue for the foreseeable future. With seat capacity set to shrink by up to 80% in April and May, Ryanair said a full grounding of the fleet cannot be ruled out as "social distancing" restrictions in countries where its fleet is not grounded "may make flying to all intents and purposes, impractical, if not, impossible."
- Zacks
Copa Holdings' February Traffic and Load Factor Increase
Grounding of Boeing 737 MAX jets is hurting Copa Holdings' (CPA) capacity
- Zacks
Coronavirus Crisis Crashes Airlines: Should You Buy the Dips?
The current coronavirus-induced soft-demand scenario prompts many airlines like American Airlines (AAL) to cut capacity.
- Yahoo Finance UK
Thousands of airline staff face uncertain future at 'critical time'
Norwegian Air announced job cuts on Tuesday and British Airways has begun offering staff unpaid leave, as COVID-19 continues to disrupt the travel industry.
- Zacks
Allegiant (ALGT) Traffic Up, Load Factor Falls in February
Allegiant's (ALGT) Scheduled traffic increases 18.3% in February. However, load factor falls due to capacity over expansion.
- Zacks
Gol Linhas Traffic Rises, Load Factor Falls in February
Strong domestic demand and supply boost Gol Linhas' (GOL) February traffic report. However, consolidated load factor falls.
