Japan Airlines (OTCMKTS:JAPSY) Rating Lowered to Hold at Zacks Research

Key Points

• Japan Airlines has been downgraded from a "strong-buy" to a "hold" rating by Zacks Research, reflecting a more cautious outlook on the stock.
• However, Jefferies Financial Group has upgraded Japan Airlines from a "hold" to a "strong-buy" rating, indicating mixed analyst sentiment regarding the stock.
• Japan Airlines reported earnings of $0.21 per share for the last quarter, exceeding analysts' expectations of $0.20, alongside revenues of $3.26 billion.

Japan Airlines (OTCMKTS:JAPSY - Get Free Report) was downgraded by research analysts at Zacks Research from a "strong-buy" rating to a "hold" rating in a report issued on Wednesday,Zacks.com reports.

Separately, Jefferies Financial Group upgraded Japan Airlines from a "hold" rating to a "strong-buy" rating in a research note on Monday, September 8th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Japan Airlines currently has an average rating of "Buy".

Japan Airlines Stock Performance

OTCMKTS JAPSY opened at $9.82 on Wednesday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.31 and a quick ratio of 1.25. The company has a market cap of $8.57 billion, a P/E ratio of 10.67 and a beta of 0.44. The stock has a 50-day moving average of $10.47 and a two-hundred day moving average of $9.78. Japan Airlines has a 1-year low of $7.48 and a 1-year high of $11.00.

Japan Airlines (OTCMKTS:JAPSY - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $0.21 earnings per share (EPS) for the quarter. The business had revenue of $3.26 billion for the quarter, compared to analysts' expectations of $3.20 billion. Japan Airlines had a net margin of 6.35% and a return on equity of 12.28%. As a group, analysts anticipate that Japan Airlines will post 0.8 EPS for the current year.

About Japan Airlines

Japan Airlines Co, Ltd., together with its subsidiaries, provides scheduled and non-scheduled air transport services in Japan, Asia, Oceania, North America, and Europe. The company operates through Air Transportation and Other segments. It offers passenger, ground handling, cargo and mail handling, and maintenance services.

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