Air France-KLM SA (OTCMKTS:AFLYY) Receives Average Rating of “Hold” from Brokerages

Shares of Air France-KLM SA (OTCMKTS:AFLYY) have received an average rating of “Hold” from the nine research firms that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company.

Several equities analysts have commented on the stock. Kepler Capital Markets downgraded shares of Air France-KLM from a “hold” rating to a “reduce” rating in a research note on Friday. Morgan Stanley reissued an “overweight” rating on shares of Air France-KLM in a research note on Wednesday, July 8th. Zacks Research lowered Air France-KLM from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Air France-KLM in a research report on Monday, June 22nd.

Air France-KLM Price Performance

Shares of AFLYY opened at $1.37 on Wednesday. The company’s 50-day simple moving average is $1.34 and its 200-day simple moving average is $1.26. The company has a debt-to-equity ratio of 4.26, a quick ratio of 0.66 and a current ratio of 0.72. Air France-KLM has a 1 year low of $0.99 and a 1 year high of $1.76. The stock has a market capitalization of $3.60 billion, a PE ratio of 2.11, a P/E/G ratio of 0.22 and a beta of 1.39.

Air France-KLM (OTCMKTS:AFLYY) last announced its quarterly earnings data on Thursday, April 30th. The transportation company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.08). The business had revenue of $8.77 billion during the quarter, compared to analyst estimates of $8.77 billion. Air France-KLM had a net margin of 4.77% and a return on equity of 71.16%. Analysts forecast that Air France-KLM will post 0.41 earnings per share for the current fiscal year.

Air France-KLM Company Profile

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.