Air France-KLM SA (OTCMKTS:AFLYY) Receives Consensus Rating of “Hold” from Brokerages

Shares of Air France-KLM SA (OTCMKTS:AFLYY) have been assigned an average rating of “Hold” from the seven ratings firms that are presently covering the firm, MarketBeat reports. Five investment analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company.

A number of analysts have recently weighed in on AFLYY shares. Morgan Stanley initiated coverage on Air France-KLM in a research note on Wednesday, October 15th. They issued an “equal weight” rating on the stock. Citigroup reissued a “neutral” rating on shares of Air France-KLM in a research note on Thursday, December 11th. Finally, JPMorgan Chase & Co. upgraded shares of Air France-KLM from a “neutral” rating to an “overweight” rating in a research report on Monday, December 1st.

Air France-KLM Price Performance

Air France-KLM stock opened at $1.28 on Friday. The firm’s 50-day moving average is $1.23 and its two-hundred day moving average is $1.33. The company has a debt-to-equity ratio of 5.64, a current ratio of 0.65 and a quick ratio of 0.60. The stock has a market capitalization of $3.36 billion, a P/E ratio of 3.20, a P/E/G ratio of 0.15 and a beta of 1.30. Air France-KLM has a 12-month low of $0.70 and a 12-month high of $1.76.

Air France-KLM (OTCMKTS:AFLYY) last issued its quarterly earnings results on Thursday, November 6th. The transportation company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.09). The company had revenue of $10.63 billion for the quarter, compared to analyst estimates of $10.92 billion. Air France-KLM had a return on equity of 82.86% and a net margin of 3.21%. Equities analysts predict that Air France-KLM will post 0.21 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.