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

Key Points

• Analyst consensus is “Hold”: Six of nine brokerages rate Air France-KLM shares Hold, while three recommend Buy. Recent actions included Kepler upgrading the stock from Reduce to Hold and Morgan Stanley maintaining an Overweight rating.
• Quarterly results exceeded expectations: Air France-KLM reported earnings of $0.07 per share versus the $0.05 consensus estimate, while revenue reached $10.67 billion, above the $10.51 billion forecast.
• Shares show mixed financial characteristics: AFLYY opened at $1.28, with a market capitalization of $3.36 billion and a P/E ratio of 2.72, but also carries substantial leverage with a debt-to-equity ratio of 4.26 and a current ratio below 1.

Shares of Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) have received an average recommendation of "Hold" from the nine brokerages that are currently covering the firm, MarketBeat reports. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

Several analysts have recently issued reports on AFLYY shares. Kepler Capital Markets raised Air France-KLM from a "reduce" rating to a "hold" rating in a report on Tuesday, August 25th. Citigroup restated a "neutral" rating on shares of Air France-KLM in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Air France-KLM in a research note on Monday, June 22nd. Royal Bank Of Canada reiterated a "sector perform" rating on shares of Air France-KLM in a research report on Wednesday, August 5th. Finally, Morgan Stanley reissued an "overweight" rating on shares of Air France-KLM in a research note on Wednesday, July 8th.

Air France-KLM Stock Performance

AFLYY stock opened at $1.28 on Thursday. The company has a market cap of $3.36 billion, a P/E ratio of 2.72 and a beta of 1.39. Air France-KLM has a 1 year low of $0.99 and a 1 year high of $1.61. The company has a debt-to-equity ratio of 4.26, a current ratio of 0.72 and a quick ratio of 0.66. The stock's fifty day moving average price is $1.39 and its 200-day moving average price is $1.27.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The transportation company reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.02. The firm had revenue of $10.67 billion during the quarter, compared to the consensus estimate of $10.51 billion. Air France-KLM had a net margin of 3.35% and a return on equity of 45.11%. On average, equities analysts forecast that Air France-KLM will post 0.44 earnings per share 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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