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

Key Points

• Shares of Air France-KLM reached a new 52-week high of $1.55, indicating potential investor interest and market confidence.
• Analysts have mixed ratings for the stock, with one strong buy, five hold, and one sell, resulting in an average rating of "Hold."
• The company reported a quarterly EPS of $0.25, exceeding expectations, with strong revenue of $9.66 billion, compared to analysts' estimates of $8.44 billion.

Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report)'s share price hit a new 52-week high during trading on Monday . The stock traded as high as $1.55 and last traded at $1.54, with a volume of 117244 shares traded. The stock had previously closed at $1.54.

Wall Street Analyst Weigh In

Several analysts have recently commented on AFLYY shares. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Air France-KLM in a research report on Friday, July 4th. Barclays raised Air France-KLM from an "underweight" rating to an "equal weight" rating in a research report on Monday, August 4th. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold".

Air France-KLM Stock Up 4.3%

The company has a market capitalization of $4.47 billion, a price-to-earnings ratio of 4.05, a P/E/G ratio of 0.14 and a beta of 1.92. The company has a quick ratio of 0.56, a current ratio of 0.61 and a debt-to-equity ratio of 18.28. The business has a fifty day simple moving average of $1.25 and a two-hundred day simple moving average of $1.03.

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

Air France-KLM Company Profile

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.