Air France-KLM SA (OTCMKTS:AFLYY) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Air France-KLM SA (OTCMKTS:AFLYY) have been assigned an average recommendation of “Hold” from the eight analysts that are currently covering the company, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

Several brokerages have issued reports on AFLYY. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Air France-KLM in a research note on Monday. Zacks Research lowered Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Barclays raised Air France-KLM from an “underweight” rating to an “equal weight” rating in a research note on Monday, March 9th. Finally, Morgan Stanley raised Air France-KLM from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, May 26th.

Air France-KLM Price Performance

Shares of AFLYY opened at $1.52 on Friday. Air France-KLM has a 52-week low of $0.99 and a 52-week high of $1.76. The company has a debt-to-equity ratio of 5.39, a quick ratio of 0.56 and a current ratio of 0.62. The business’s 50 day moving average price is $1.24 and its two-hundred day moving average price is $1.24. The firm has a market cap of $3.99 billion, a PE ratio of 2.34, a price-to-earnings-growth ratio of 0.30 and a beta of 1.40.

Air France-KLM (OTCMKTS:AFLYY) last issued its quarterly earnings results on Thursday, April 30th. The transportation company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.08). Air France-KLM had a net margin of 4.77% and a return on equity of 82.05%. The business had revenue of $8.77 billion during the quarter, compared to analyst estimates of $8.77 billion. On average, equities analysts anticipate that Air France-KLM will post 0.37 EPS for the current year.

About Air France-KLM

Air France-KLM is a leading European airline group formed in 2004 through the merger of France’s flagship carrier Air France and the Netherlands’ national airline KLM Royal Dutch Airlines. Headquartered in Paris and Amstelveen, the group provides passenger, cargo and maintenance services across a global network, connecting major hubs in Europe, North America, Asia, Africa and Latin America.

The company’s primary business activities include scheduled passenger transport on short, medium and long-haul routes; air freight operations under Air France-KLM Cargo; and technical support and maintenance services through AFI KLM E&M.