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

Air France-KLM SA (OTCMKTS:AFLYY) has been assigned an average rating of “Hold” from the eight analysts that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company.

Several analysts recently weighed in on the company. Royal Bank Of Canada started coverage on Air France-KLM in a research note on Tuesday, January 20th. They set a “hold” rating for the company. Morgan Stanley initiated coverage on Air France-KLM in a report on Wednesday, October 15th. They set an “equal weight” rating for the company. Citigroup restated a “neutral” rating on shares of Air France-KLM in a research note on Thursday, December 11th. JPMorgan Chase & Co. upgraded shares of Air France-KLM from a “neutral” rating to an “overweight” rating in a research note on Monday, December 1st. Finally, Barclays downgraded shares of Air France-KLM from an “equal weight” rating to an “underweight” rating in a report on Wednesday, January 14th.

Air France-KLM Stock Performance

OTCMKTS:AFLYY opened at $1.23 on Wednesday. The firm has a market capitalization of $3.23 billion, a PE ratio of 3.08, a PEG ratio of 0.08 and a beta of 1.28. Air France-KLM has a 1 year low of $0.75 and a 1 year high of $1.76. The company has a current ratio of 0.65, a quick ratio of 0.60 and a debt-to-equity ratio of 5.64. The firm’s fifty day simple moving average is $1.24 and its 200 day simple moving average is $1.35.

Air France-KLM (OTCMKTS:AFLYY) last released its quarterly earnings results on Thursday, November 6th. The transportation company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.09). The firm had revenue of $10.63 billion for the quarter, compared to the consensus estimate of $10.92 billion. Air France-KLM had a net margin of 3.21% and a return on equity of 82.86%. On average, sell-side analysts anticipate that Air France-KLM will post 0.21 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.