Ryanair Holdings plc (RYAAY) was a big mover last session, as its shares rose almost 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the uptrend for the company since Oct 13, as the stock is now up over 26%.
Over the last 30 days, the company witnessed one negative and one positive estimate revision and the Zacks Consensus Estimate also moved lower, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher lasts.
Ryanair Holdings currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Better-ranked airline stocks include Hawaiian Holdings Inc. (HA), Spirit Airlines, Inc. (SAVE) and Southwest Airlines Co. (LUV). All three companies sport a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
To read this article on Zacks.com click here.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
Be the first to comment