Air France-KLM SA (OTCMKTS:AFLYY) Given Average Recommendation of "Moderate Buy" by Brokerages

Key Points

• Consensus "Moderate Buy": Eight analysts covering Air France-KLM give a consensus rating of "Moderate Buy" (five holds, two buys, one strong buy), with recent upgrades from Oddo Bhf, Barclays and Zacks while RBC and Citi remain at hold/neutral.
• Quarterly earnings beat but with leverage concerns: The group reported $0.23 EPS vs. $0.04 expected and $9.53B revenue vs. $9.43B consensus, yet carries a high debt-to-equity ratio (5.39) and low liquidity (current ratio 0.62), despite a very low trailing PE of 1.60.
• Market snapshot: Shares opened at $1.06 (52-week range $0.75–$1.76), market cap about $2.77 billion, and 50-/200-day moving averages near $1.23/$1.26.

Shares of Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) have been given a consensus rating of "Moderate Buy" by the eight ratings firms that are covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company.

Several research firms recently issued reports on AFLYY. Royal Bank Of Canada initiated coverage on shares of Air France-KLM in a research report on Tuesday, January 20th. They issued a "hold" rating for the company. Oddo Bhf raised Air France-KLM from a "neutral" rating to an "outperform" rating in a report on Friday, February 6th. Barclays raised Air France-KLM from an "underweight" rating to an "equal weight" rating in a report on Monday, March 9th. Citigroup reissued a "neutral" rating on shares of Air France-KLM in a report on Friday, February 20th. Finally, Zacks Research raised Air France-KLM from a "hold" rating to a "strong-buy" rating in a research note on Thursday, February 19th.

Air France-KLM Stock Performance

Shares of Air France-KLM stock opened at $1.06 on Monday. Air France-KLM has a 52-week low of $0.75 and a 52-week high of $1.76. The firm has a market capitalization of $2.77 billion, a PE ratio of 1.60, a price-to-earnings-growth ratio of 0.06 and a beta of 1.36. The company has a debt-to-equity ratio of 5.39, a current ratio of 0.62 and a quick ratio of 0.56. The company's fifty day moving average price is $1.23 and its two-hundred day moving average price is $1.26.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The transportation company reported $0.23 EPS for the quarter, topping analysts' consensus estimates of $0.04 by $0.19. Air France-KLM had a net margin of 5.00% and a return on equity of 100.70%. The company had revenue of $9.53 billion during the quarter, compared to the consensus estimate of $9.43 billion. On average, analysts expect that Air France-KLM will post 0.21 EPS for the current year.

Air France-KLM Company Profile

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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