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Why NASDAQ:RYAAY qualifies as a CANSLIM stock.

By Mill Chart

Last update: Oct 25, 2023

In this article we will dive into RYANAIR HOLDINGS PLC-SP ADR (NASDAQ:RYAAY) as a possible candidate for growth investing. Investors should always do their own research, but we noticed RYANAIR HOLDINGS PLC-SP ADR showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Some of the canslim metrics of NASDAQ:RYAAY highlighted

  • In the most recent financial report, RYANAIR HOLDINGS PLC-SP ADR reported a 262.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
  • With consistent quarter-to-quarter (Q2Q) revenue growth of 40.28%, RYANAIR HOLDINGS PLC-SP ADR exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
  • RYANAIR HOLDINGS PLC-SP ADR has experienced 25.63% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
  • RYANAIR HOLDINGS PLC-SP ADR has a healthy Return on Equity(ROE) of 29.09%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
  • RYANAIR HOLDINGS PLC-SP ADR has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 89.63 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. RYANAIR HOLDINGS PLC-SP ADR is well-positioned for potential price growth opportunities.
  • RYANAIR HOLDINGS PLC-SP ADR maintains a healthy Debt-to-Equity ratio of 0.49. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
  • With 43.68% of the total shares held by institutional investors, RYANAIR HOLDINGS PLC-SP ADR showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

In-Depth Technical Analysis of NASDAQ:RYAAY

ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple technical indicators and properties.

We assign a technical rating of 1 out of 10 to RYAAY. RYAAY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

  • RYAAY is one of the better performing stocks in the Passenger Airlines industry, it outperforms 95% of 23 stocks in the same industry.
  • Looking at the yearly performance, RYAAY did better than 89% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
  • RYAAY is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.

For an up to date full technical analysis you can check the technical report of RYAAY

Fundamental Analysis Observations

ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.

Taking everything into account, RYAAY scores 6 out of 10 in our fundamental rating. RYAAY was compared to 23 industry peers in the Passenger Airlines industry. Both the profitability and the financial health of RYAAY get a neutral evaluation. Nothing too spectacular is happening here. RYAAY is growing strongly while it also seems undervalued. This is an interesting combination This makes RYAAY very considerable for value and growth investing!

For an up to date full fundamental analysis you can check the fundamental report of RYAAY

Our CANSLIM screen will find you more ideas suited for growth investing.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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