ANA (OTCMKTS:ALNPY) Trading Up 6.1% – Still a Buy?

ANA Holdings Inc. (OTCMKTS:ALNPY) traded up 6.1% during mid-day trading on Wednesday . The company traded as high as $3.94 and last traded at $3.64. Approximately 401 shares traded hands during trading, a decline of 93% from the average session volume of 5,906 shares. The stock had previously closed at $3.43.

Analysts Set New Price Targets

Several brokerages have weighed in on ALNPY. Nomura upgraded ANA from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 2nd. Zacks Research upgraded ANA to a “hold” rating in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, ANA presently has a consensus rating of “Moderate Buy”.

ANA Stock Performance

The stock has a market cap of $8.49 billion, a PE ratio of 8.27 and a beta of 0.47. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.54 and a quick ratio of 1.46. The stock has a 50-day simple moving average of $3.65 and a 200-day simple moving average of $3.80.

ANA (OTCMKTS:ALNPY) last released its quarterly earnings data on Thursday, April 30th. The transportation company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. The company had revenue of $4.15 billion for the quarter, compared to the consensus estimate of $4.06 billion. ANA had a return on equity of 13.20% and a net margin of 6.65%. Equities analysts predict that ANA Holdings Inc. will post 0.26 earnings per share 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.