Japan Airlines (OTCMKTS:JAPSY) Stock Rating Lowered by Zacks Research

Japan Airlines (OTCMKTS:JAPSY) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Separately, Jefferies Financial Group raised shares of Japan Airlines from a “hold” rating to a “strong-buy” rating in a report on Monday, September 8th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Japan Airlines Trading Down 1.8%

Japan Airlines stock opened at $9.82 on Wednesday. The firm has a 50 day moving average of $10.47 and a 200 day moving average of $9.78. The firm has a market capitalization of $8.57 billion, a price-to-earnings ratio of 10.67 and a beta of 0.44. Japan Airlines has a 12-month low of $7.48 and a 12-month high of $11.00. The company has a current ratio of 1.31, a quick ratio of 1.25 and a debt-to-equity ratio of 0.79.

Japan Airlines (OTCMKTS:JAPSY) last released its earnings results on Wednesday, July 30th. The company reported $0.21 earnings per share (EPS) for the quarter. The company had revenue of $3.26 billion during the quarter, compared to analyst estimates of $3.20 billion. Japan Airlines had a net margin of 6.35% and a return on equity of 12.28%. As a group, research analysts predict that Japan Airlines will post 0.8 earnings per share 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.