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

Air France-KLM SA (OTCMKTS:AFLYY) has been given an average rating of “Hold” by the eight ratings firms that are currently covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.

A number of research firms recently commented on AFLYY. Barclays upgraded Air France-KLM from an “underweight” rating to an “equal weight” rating in a research report on Monday, March 9th. Zacks Research downgraded Air France-KLM from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Morgan Stanley upgraded Air France-KLM from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, May 26th. Finally, Citigroup reiterated a “neutral” rating on shares of Air France-KLM in a research report on Friday, February 20th.

Air France-KLM Price Performance

OTCMKTS:AFLYY opened at $1.40 on Friday. The company has a quick ratio of 0.56, a current ratio of 0.62 and a debt-to-equity ratio of 5.39. The business’s 50-day simple moving average is $1.21 and its two-hundred day simple moving average is $1.23. The stock has a market cap of $3.68 billion, a PE ratio of 2.15, a P/E/G ratio of 0.28 and a beta of 1.40. Air France-KLM has a 52 week low of $0.91 and a 52 week high of $1.76.

Air France-KLM (OTCMKTS:AFLYY) last posted its quarterly earnings results on Thursday, April 30th. The transportation company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.08). The business had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $8.77 billion. Air France-KLM had a net margin of 4.77% and a return on equity of 82.05%. As a group, analysts forecast that Air France-KLM will post 0.37 EPS for the current fiscal year.

Air France-KLM Company Profile

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.