ANA (OTCMKTS:ALNPY) Upgraded to Hold at Zacks Research

Zacks Research upgraded shares of ANA (OTCMKTS:ALNPY) to a hold rating in a research report sent to investors on Wednesday,Zacks.com reports.

A number of other research analysts have also recently issued reports on ALNPY. Nomura cut shares of ANA from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Smbc Nikko Sec. raised shares of ANA to a “hold” rating in a report on Friday, February 27th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

ANA Trading Down 3.9%

Shares of ANA stock opened at $3.47 on Wednesday. ANA has a 12-month low of $3.30 and a 12-month high of $4.48. The company has a current ratio of 1.59, a quick ratio of 1.51 and a debt-to-equity ratio of 0.69. The stock has a market cap of $8.09 billion, a PE ratio of 7.89 and a beta of 0.46. The company has a 50-day moving average of $3.66 and a two-hundred day moving average of $3.83.

ANA (OTCMKTS:ALNPY) last issued its earnings results on Thursday, April 30th. The transportation company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. ANA had a net margin of 6.65% and a return on equity of 13.79%. The company had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $4.06 billion. On average, research analysts anticipate that ANA will post 0.26 EPS for the current fiscal year.

About ANA

All Nippon Airways Co, Ltd. (OTCMKTS: ALNPY) is a Tokyo-based airline offering passenger and cargo air transportation services. Founded in 1952, the company operates scheduled flights under its ANA brand, providing a network of domestic and international routes. In addition to core flight operations, ANA delivers ancillary services including in-flight catering, ground handling and aircraft maintenance.

ANA’s diversified business model encompasses several subsidiaries such as ANA Wings and Air Japan for regional operations, and ANA Cargo for freight services.