ANA (OTCMKTS:ALNPY) Announces Earnings Results

Key Points

• ANA reported $0.09 earnings per share for the quarter, beating estimates of $0.06, with a return on equity of 12.84% and a net margin of 6.47%.
• Shares traded up 0.5% to $3.34 on light volume; the company has a market cap of $7.79 billion and a P/E of 7.95.
• Analyst sentiment has cooled — Nomura downgraded ANA from strong-buy to hold and SMBC Nikko moved to hold, leaving the consensus rating at Hold.

ANA (OTCMKTS:ALNPY - Get Free Report) posted its earnings results on Thursday. The transportation company reported $0.09 earnings per share for the quarter, beating analysts' consensus estimates of $0.06 by $0.03, Zacks reports. ANA had a return on equity of 12.84% and a net margin of 6.47%.

ANA Trading Up 0.5%

Shares of ANA stock traded up $0.02 on Thursday, reaching $3.34. The company had a trading volume of 2,266 shares, compared to its average volume of 7,143. The firm has a market cap of $7.79 billion, a price-to-earnings ratio of 7.95 and a beta of 0.46. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.59 and a quick ratio of 1.51. The firm's 50-day moving average price is $3.83 and its two-hundred day moving average price is $3.87. ANA has a 1 year low of $3.30 and a 1 year high of $4.48.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Smbc Nikko Sec. raised ANA to a "hold" rating in a report on Friday, February 27th. Nomura cut ANA from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 15th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of "Hold".

About ANA

All Nippon Airways Co, Ltd. OTCMKTS: ALNPY is a Tokyo-based airline offering passenger and cargo air transportation services. Founded in 1952, the company operates scheduled flights under its ANA brand, providing a network of domestic and international routes. In addition to core flight operations, ANA delivers ancillary services including in-flight catering, ground handling and aircraft maintenance.

ANA’s diversified business model encompasses several subsidiaries such as ANA Wings and Air Japan for regional operations, and ANA Cargo for freight services.

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