Air France-KLM (OTCMKTS:AFLYY) Sets New 1-Year 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.

Shares of Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company 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.

Analysts Set New Price Targets

A number of analysts recently weighed in on AFLYY shares. Barclays upgraded Air France-KLM from an "underweight" rating to an "equal weight" rating in a research note on Monday, August 4th. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Air France-KLM in a research report on Friday, July 4th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold".

Air France-KLM Trading Up 0.3%

The business has a fifty day simple moving average of $1.20 and a 200 day simple moving average of $1.00. The company has a debt-to-equity ratio of 18.28, a quick ratio of 0.56 and a current ratio of 0.61. The company has a market cap of $4.05 billion, a P/E ratio of 3.67, a P/E/G ratio of 0.13 and a beta of 1.92.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The transportation company reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.07. The company had revenue of $9.66 billion during 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%. Analysts anticipate 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.

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