Air France-KLM (OTCMKTS:AFLYY) Hits New 12-Month High - Time to Buy?

Key Points

• Air France-KLM reached a new 52-week high of $1.42 during trading, closing at $1.41 and showing a significant increase from a prior close of $1.25.
• The company reported earnings of $0.25 per share for its latest quarter, exceeding expectations and achieving revenue of $9.66 billion compared to the consensus estimate of $8.44 billion.
• Analysts maintain a mixed outlook with one "strong buy," five "hold," and one "sell" rating for the stock, reflecting a consensus rating of "Hold."

Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report)'s stock price reached a new 52-week high during trading on Monday . The company traded as high as $1.42 and last traded at $1.41, with a volume of 120807 shares changing hands. The stock had previously closed at $1.25.

Analyst Ratings Changes

A number of equities research analysts have commented on AFLYY shares. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Air France-KLM in a report on Friday, July 4th. Barclays raised Air France-KLM from an "underweight" rating to an "equal weight" rating in a report on Monday. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold".

Air France-KLM Stock Up 2.4%

The company has a 50-day simple moving average of $1.18 and a 200-day simple moving average of $0.99. The firm has a market cap of $3.89 billion, a PE ratio of 3.52, a price-to-earnings-growth ratio of 0.15 and a beta of 1.92. The company has a debt-to-equity ratio of 18.28, a current ratio of 0.61 and a quick ratio of 0.56.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last announced its earnings results on Thursday, July 31st. The transportation company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.07. Air France-KLM had a return on equity of 137.95% and a net margin of 3.30%. The business had revenue of $9.66 billion during the quarter, compared to analyst estimates of $8.44 billion. Analysts expect that Air France-KLM SA will post 0.21 earnings per share for the current fiscal year.

About Air France-KLM

Air France-KLM SA, together with its subsidiaries, provides passenger and cargo transportation services and aeronautical maintenance in Metropolitan France, Benelux, rest of Europe, and internationally. The company operates through three segments: Airframe maintenance, Engine Maintenance, and Component Support.