HEARD ON THE STREET: Ryanair Stock Is Dogged By Oil-Price Fears
- Summary: The Irish budget airline Ryanair, traded in the U.S. as an ADR (RYAAY), has seen its stock decline 14% this year amidst high oil prices and competitive challenges from easyJet and British Air short haul routes. The company isn't hedged against oil prices, and fully 25% of its operating expenses are fuel (sector average = 12-20%). Yet the company's operational efficiency has left many analysts bullish on its prospects and its stock.
- Comment on related stocks/ETFs: The UK's JetBlue (JBLU)?
