Air France-KLM SA (OTCMKTS:AFLYY) Receives Average Recommendation of "Hold" from Brokerages

Key Points

• Air France-KLM has a consensus “Hold” rating among nine analysts: five rate it Hold, three Buy, and one Sell. Recent actions included downgrades from Kepler Capital Markets and Zacks Research.
• The stock opened at $1.41, within a 12-month range of $0.99 to $1.76, with a $3.71 billion market capitalization and a high debt-to-equity ratio of 4.26.
• Quarterly results exceeded expectations, with earnings per share of $0.07 versus a $0.05 estimate and revenue of $10.67 billion versus $10.51 billion expected; analysts project full-year EPS of $0.44.

Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) has received an average rating of "Hold" from the nine analysts that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company.

Several equities analysts have commented on the company. Kepler Capital Markets downgraded Air France-KLM from a "hold" rating to a "reduce" rating in a research report on Friday, July 17th. Zacks Research downgraded Air France-KLM from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 13th. Citigroup reiterated a "neutral" rating on shares of Air France-KLM in a report on Monday, August 3rd. Morgan Stanley reiterated an "overweight" rating on shares of Air France-KLM in a research report on Wednesday, July 8th. Finally, Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Air France-KLM in a report on Monday, June 22nd.

Air France-KLM Price Performance

Shares of OTCMKTS AFLYY opened at $1.41 on Friday. Air France-KLM has a twelve month low of $0.99 and a twelve month high of $1.76. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 4.26. The company has a market capitalization of $3.71 billion, a price-to-earnings ratio of 3.00, a price-to-earnings-growth ratio of 0.24 and a beta of 1.40. The business has a 50 day simple moving average of $1.39 and a 200-day simple moving average of $1.26.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last issued its earnings results on Thursday, July 30th. The transportation company reported $0.07 earnings per share for the quarter, topping analysts' consensus estimates of $0.05 by $0.02. The company had revenue of $10.67 billion for the quarter, compared to analysts' expectations of $10.51 billion. Air France-KLM had a net margin of 3.35% and a return on equity of 45.11%. As a group, equities research analysts expect that Air France-KLM will post 0.44 earnings per share 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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