Free Trial

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

Air France-KLM logo with Transportation background

Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $0.94, but opened at $0.92. Air France-KLM shares last traded at $0.92, with a volume of 9,520 shares trading hands.

Analysts Set New Price Targets

Several research analysts recently weighed in on AFLYY shares. UBS Group lowered Air France-KLM from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 25th. Morgan Stanley restated an "underweight" rating on shares of Air France-KLM in a report on Friday, March 7th. Finally, Redburn Atlantic upgraded Air France-KLM from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 25th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold".

View Our Latest Analysis on AFLYY

Air France-KLM Trading Up 0.1%

The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 14.98. The business has a 50 day moving average price of $0.93 and a 200-day moving average price of $0.88. The firm has a market cap of $2.49 billion, a price-to-earnings ratio of 4.50, a price-to-earnings-growth ratio of 0.10 and a beta of 1.86.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last announced its earnings results on Wednesday, April 30th. The transportation company reported ($0.12) earnings per share for the quarter, beating the consensus estimate of ($0.17) by $0.05. Air France-KLM had a return on equity of 83.35% and a net margin of 1.79%. The company had revenue of $7.54 billion during the quarter, compared to the consensus estimate of $7.39 billion. As a group, research analysts expect that Air France-KLM SA will post 0.21 EPS for the current fiscal year.

Air France-KLM Company Profile

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in Air France-KLM Right Now?

Before you consider Air France-KLM, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Air France-KLM wasn't on the list.

While Air France-KLM currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

20 Stocks to Sell Now Cover

Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.

Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

The Drone Industry Is About to 10X—Here’s How to Profit
Why AMD Stock Beats NVIDIA Right Now
Oil Spikes Amid Rising Warfare: 3 Stocks to Watch Now

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines