Air France-KLM SA (OTCMKTS:AFLYY) Stock Now Rated “Hold” by Wall Street Brokerages

Shares of Air France-KLM SA (OTCMKTS:AFLYY) have been given an average rating of “Hold” by the nine brokerages that are presently covering the firm, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

A number of analysts have recently weighed in on the stock. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Air France-KLM in a research report on Wednesday, August 5th. Citigroup reissued a “neutral” rating on shares of Air France-KLM in a research note on Monday, August 3rd. Morgan Stanley reaffirmed an “overweight” rating on shares of Air France-KLM in a research note on Wednesday, July 8th. Finally, Kepler Capital Markets raised Air France-KLM from a “reduce” rating to a “hold” rating in a research report on Tuesday, August 25th.

Air France-KLM Price Performance

AFLYY opened at $1.07 on Friday. The stock’s 50 day simple moving average is $1.25 and its 200 day simple moving average is $1.28. The company has a debt-to-equity ratio of 4.83, a current ratio of 0.67 and a quick ratio of 0.61. Air France-KLM has a 1 year low of $0.99 and a 1 year high of $1.56. The firm has a market cap of $2.82 billion, a price-to-earnings ratio of 2.29 and a beta of 1.46.

Air France-KLM (OTCMKTS:AFLYY) last announced its quarterly earnings results on Thursday, July 30th. The transportation company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.02. The business had revenue of $10.67 billion for the quarter, compared to analysts’ expectations of $10.51 billion. Air France-KLM had a return on equity of 44.05% and a net margin of 3.35%. As a group, analysts predict that Air France-KLM will post 0.39 earnings per share for the current year.

About Air France-KLM

Air France-KLM is a global airline group formed in 2004 through the merger of Air France and KLM Royal Dutch Airlines. The group operates under the Air France and KLM brands, which retain their own identities, operating certificates and hubs. Air France is based primarily at Paris-Charles de Gaulle and Paris-Orly airports, while KLM is centered at Amsterdam Airport Schiphol.

The company provides scheduled passenger air transportation on short-, medium- and long-haul routes serving destinations across Europe, North America, Latin America, Asia, Africa and the Middle East.