Why Ryanair (RYAAY) is a Top Growth Stock for the Long-Term
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why This 1 Growth Stock Should Be On Your Watchlist
For growth investors, a company's financial strength, overall health, and future outlook take precedence, so they'll want to zero in on the Growth Style Score. This Score examines things like projected and historical earnings, sales, and cash flow to find stocks that will generate sustainable growth over time.
Ryanair (RYAAY)
Ryanair Holdings is the parent company of Ryanair Designated Activity Company (formerly known as Ryanair Limited). Ryanair, which commenced its flight operations in 1985, is based in headquartered in Swords, Ireland.
RYAAY is a Zacks Rank #2 (Buy) stock, with a Growth Style Score of A and VGM Score of A. Earnings are expected to grow 24.3% year-over-year for the current fiscal year, with sales growth of 29.4%.
Two analysts revised their earnings estimate higher in the last 60 days for fiscal 2024, while the Zacks Consensus Estimate has increased $0.19 to $9.06 per share. RYAAY also boasts an average earnings surprise of 18%.
Looking at cash flow, Ryanair is expected to report cash flow growth of 478.1% this year; RYAAY has generated cash flow growth of 0.8% over the past three to five years.
Investors should take the time to consider RYAAY for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.
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Ryanair Holdings PLC (RYAAY) : Free Stock Analysis Report
