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

Air France-KLM SA (OTCMKTS:AFLYY) has received an average rating of “Hold” from the nine ratings firms that are currently covering the stock, MarketBeat reports. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

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

Air France-KLM Price Performance

Shares of OTCMKTS:AFLYY opened at $1.12 on Friday. The company’s fifty day moving average is $1.23 and its two-hundred day moving average is $1.26. The company has a market cap of $2.94 billion, a P/E ratio of 2.38 and a beta of 1.46. Air France-KLM has a 12-month low of $0.99 and a 12-month high of $1.56. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 4.83.

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

Air France-KLM Company Profile

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.