Air France-KLM SA (OTCMKTS:AFLYY) Given Consensus Recommendation of “Hold” by Analysts

Shares of Air France-KLM SA (OTCMKTS:AFLYY) have earned a consensus rating of “Hold” from the nine brokerages that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have given a hold recommendation and three have issued a buy recommendation on the company.

A number of equities analysts have recently issued reports on AFLYY shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Air France-KLM in a research report on Monday, June 22nd. Kepler Capital Markets lowered shares of Air France-KLM from a “hold” rating to a “reduce” rating in a report on Friday, July 17th. Royal Bank Of Canada restated a “sector perform” rating on shares of Air France-KLM in a research report on Wednesday, August 5th. Morgan Stanley reaffirmed an “overweight” rating on shares of Air France-KLM in a report on Wednesday, July 8th. Finally, Citigroup reiterated a “neutral” rating on shares of Air France-KLM in a research report on Monday, August 3rd.

Air France-KLM Stock Performance

Air France-KLM stock opened at $1.38 on Friday. The stock has a 50-day simple moving average of $1.39 and a 200 day simple moving average of $1.27. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 4.26. Air France-KLM has a 12-month low of $0.99 and a 12-month high of $1.76. The stock has a market capitalization of $3.62 billion, a price-to-earnings ratio of 2.93, a P/E/G ratio of 0.21 and a beta of 1.40.

Air France-KLM (OTCMKTS:AFLYY) last issued its quarterly earnings results on Thursday, July 30th. The transportation company reported $0.07 earnings per share (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 45.11%. The business had revenue of $10.67 billion for the quarter, compared to the consensus estimate of $10.51 billion. On average, research analysts anticipate that Air France-KLM will post 0.44 earnings per share for the current fiscal 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.