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

Key Points

• Analysts give Air France-KLM a consensus “Hold” rating: Six of nine brokerages rate the stock Hold, while three recommend buying it.
• The company’s latest quarterly results exceeded expectations, with EPS of $0.07 versus $0.05 forecast and revenue of $10.67 billion compared with the $10.51 billion consensus estimate.
• Shares opened at $1.31, within a one-year range of $0.99 to $1.56. Air France-KLM has a $3.44 billion market capitalization and notably high leverage, including a debt-to-equity ratio of 4.83.

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

A number of equities analysts recently commented on the stock. Citigroup reiterated a "neutral" rating on shares of Air France-KLM in a research note on Monday, August 3rd. Kepler Capital Markets upgraded Air France-KLM from a "reduce" rating to a "hold" rating in a research note on Tuesday, August 25th. Royal Bank Of Canada reaffirmed a "sector perform" rating on shares of Air France-KLM in a report on Wednesday, August 5th. Morgan Stanley reaffirmed 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 research report on Monday, June 22nd.

Air France-KLM Stock Performance

Shares of Air France-KLM stock opened at $1.31 on Monday. The business has a 50-day simple moving average of $1.33 and a 200-day simple moving average of $1.27. The company has a debt-to-equity ratio of 4.83, a quick ratio of 0.61 and a current ratio of 0.67. Air France-KLM has a one year low of $0.99 and a one year high of $1.56. The company has a market cap of $3.44 billion, a PE ratio of 2.79 and a beta of 1.39.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The transportation company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.05 by $0.02. Air France-KLM had a net margin of 3.35% and a return on equity of 44.05%. The company had revenue of $10.67 billion during the quarter, compared to analysts' expectations of $10.51 billion. On average, equities research analysts forecast that Air France-KLM will post 0.44 EPS for the current fiscal year.

About Air France-KLM

Air France-KLM is a European airline group formed in 2004 through the merger of Air France and KLM Royal Dutch Airlines. The group operates passenger and cargo air transportation through its principal airline brands, Air France and KLM, along with low-cost carrier Transavia. Its airlines serve domestic, European and long-haul international routes linking Europe with destinations across North America, Latin America, Asia, Africa and the Middle East.

Air France is based in France and operates major hubs at Paris-Charles de Gaulle and Paris-Orly airports, while KLM is headquartered in the Netherlands and uses Amsterdam Airport Schiphol as its primary hub.

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