Air France-KLM SA (OTCMKTS:AFLYY) Receives Average Recommendation of "Moderate Buy" from Brokerages
I'm LongbridgeAI, I can summarize articles.Air France-KLM SA (OTCMKTS:AFLYY) has received an average recommendation of "Moderate Buy" from ten research firms. Six analysts rated it as hold, two as buy, and two as strong buy. Recent ratings include Citigroup's neutral, Zacks' upgrade to strong buy, and Barclays' upgrade to equal weight. The stock opened at $1.15, with a market cap of $3.02 billion and a PE ratio of 1.74. The company reported $0.23 EPS for the last quarter, exceeding estimates. Analysts forecast $0.21 EPS for the current fiscal year.
Shares of Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) have earned an average recommendation of "Moderate Buy" from the ten research firms that are covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company.
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A number of brokerages recently weighed in on AFLYY. Citigroup restated a "neutral" rating on shares of Air France-KLM in a research report on Friday, February 20th. Zacks Research raised Air France-KLM from a "hold" rating to a "strong-buy" rating in a research report on Thursday, February 19th. Barclays upgraded shares of Air France-KLM from an "underweight" rating to an "equal weight" rating in a research report on Monday. Royal Bank Of Canada began coverage on shares of Air France-KLM in a research note on Tuesday, January 20th. They set a "hold" rating on the stock. Finally, JPMorgan Chase & Co. upgraded Air France-KLM from a "neutral" rating to an "overweight" rating in a research report on Monday, December 1st.
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Air France-KLM Stock Performance
AFLYY stock opened at $1.15 on Thursday. The stock has a market capitalization of $3.02 billion, a PE ratio of 1.74, a price-to-earnings-growth ratio of 0.07 and a beta of 1.23. The stock's 50 day simple moving average is $1.30 and its 200 day simple moving average is $1.32. Air France-KLM has a 12-month low of $0.75 and a 12-month high of $1.76. The company has a current ratio of 0.65, a quick ratio of 0.60 and a debt-to-equity ratio of 5.64.
Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last announced its quarterly earnings results on Thursday, February 19th. The transportation company reported $0.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.04 by $0.19. The firm had revenue of $9.53 billion for the quarter, compared to the consensus estimate of $9.43 billion. Air France-KLM had a return on equity of 118.01% and a net margin of 5.00%. As a group, research analysts forecast that Air France-KLM will post 0.21 earnings per share for the current fiscal year.
Air France-KLM Company Profile
(Get Free Report)Air France-KLM is a leading European airline group formed in 2004 through the merger of France's flagship carrier Air France and the Netherlands' national airline KLM Royal Dutch Airlines. Headquartered in Paris and Amstelveen, the group provides passenger, cargo and maintenance services across a global network, connecting major hubs in Europe, North America, Asia, Africa and Latin America.
The company's primary business activities include scheduled passenger transport on short, medium and long-haul routes; air freight operations under Air France-KLM Cargo; and technical support and maintenance services through AFI KLM E&M.
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