Air France-KLM (OTCMKTS:AFLYY) Shares Gap Down - Here's What Happened

Key Points

• Shares gapped down — Air France-KLM opened at $1.02 after closing at $1.08 and was last traded at $1.09 on a volume of 15,178 shares.
• Analyst sentiment remains cautious — upgrades from Oddo Bhf and Barclays have been offset by downgrades and neutrals, leaving a MarketBeat consensus rating of "Hold" (2 Buys, 6 Holds).
• Fundamentals are mixed — market cap is $2.86B with a low P/E of 1.68 but high leverage (debt/equity 5.39); the company missed quarterly EPS (‑$0.13 vs. ‑$0.05 expected) while revenue matched estimates.

Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report)'s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $1.08, but opened at $1.02. Air France-KLM shares last traded at $1.09, with a volume of 15,178 shares.

Wall Street Analyst Weigh In

Several research firms recently commented on AFLYY. Oddo Bhf upgraded shares of Air France-KLM from a "neutral" rating to an "outperform" rating in a research report on Friday, February 6th. Barclays upgraded shares of Air France-KLM from an "underweight" rating to an "equal weight" rating in a research report on Monday, March 9th. Royal Bank Of Canada began coverage on shares of Air France-KLM in a research report on Tuesday, January 20th. They set a "hold" rating for the company. Citigroup restated a "neutral" rating on shares of Air France-KLM in a research report on Friday, February 20th. Finally, Zacks Research downgraded shares of Air France-KLM from a "strong-buy" rating to a "hold" rating in a research report on Monday, April 13th. Two equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold".

Air France-KLM Stock Performance

The company has a market cap of $2.86 billion, a PE ratio of 1.68, a P/E/G ratio of 0.16 and a beta of 1.31. The company has a debt-to-equity ratio of 5.39, a quick ratio of 0.56 and a current ratio of 0.62. The stock's 50-day simple moving average is $1.16 and its 200 day simple moving average is $1.23.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The transportation company reported ($0.13) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.08). The firm had revenue of $8.77 billion for the quarter, compared to analysts' expectations of $8.77 billion. Air France-KLM had a return on equity of 82.05% and a net margin of 4.77%. As a group, equities analysts anticipate that Air France-KLM SA will post 0.46 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.

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