Air France-KLM (OTCMKTS:AFLYY) Stock Rating Lowered by Kepler Capital Markets

Air France-KLM (OTCMKTS:AFLYY) was downgraded by investment analysts at Kepler Capital Markets from a “hold” rating to a “reduce” rating in a report issued on Friday, Marketbeat.com reports.

A number of other analysts have also recently weighed in on the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Air France-KLM in a research report on Monday, June 22nd. Morgan Stanley restated an “overweight” rating on shares of Air France-KLM in a research note on Wednesday, July 8th. Finally, Zacks Research cut shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Air France-KLM Stock Down 5.5%

OTCMKTS AFLYY opened at $1.37 on Friday. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 4.26. The stock’s 50 day moving average is $1.34 and its two-hundred day moving average is $1.26. The company has a market capitalization of $3.60 billion, a price-to-earnings ratio of 2.11, a PEG ratio of 0.22 and a beta of 1.39. Air France-KLM has a 1-year low of $0.99 and a 1-year high of $1.76.

Air France-KLM (OTCMKTS:AFLYY) last issued its earnings results on Thursday, April 30th. The transportation company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.08). The company had revenue of $8.77 billion during the quarter, compared to analyst estimates of $8.77 billion. Air France-KLM had a return on equity of 71.16% and a net margin of 4.77%. Equities analysts forecast that Air France-KLM will post 0.41 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.