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

ANA (OTCMKTS:ALNPY) was upgraded by research analysts at Zacks Research to a “hold” rating in a report issued on Wednesday,Zacks.com reports.

Several other equities analysts also recently weighed in on the stock. Smbc Nikko Sec. raised shares of ANA to a “hold” rating in a research note on Friday, February 27th. Nomura downgraded shares of ANA from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 15th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

ANA Stock Performance

OTCMKTS:ALNPY opened at $3.47 on Wednesday. The company’s 50-day moving average price is $3.66 and its 200-day moving average price is $3.83. 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 company has a market cap of $8.09 billion, a P/E ratio of 7.89 and a beta of 0.46. ANA has a twelve month low of $3.30 and a twelve month high of $4.48.

ANA (OTCMKTS:ALNPY) last posted its quarterly earnings results on Thursday, April 30th. The transportation company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.02. The firm had revenue of $4.15 billion for the quarter, compared to the consensus estimate of $4.06 billion. ANA had a net margin of 6.65% and a return on equity of 13.79%. On average, sell-side analysts forecast that ANA 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.