Japan Airlines (OTCMKTS:JAPSY) Rating Lowered to Hold at Zacks Research

Japan Airlines (OTCMKTS:JAPSY) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Wednesday,Zacks.com reports.

Separately, Jefferies Financial Group upgraded Japan Airlines from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 8th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Japan Airlines presently has an average rating of “Buy”.

Japan Airlines Stock Down 1.8%

OTCMKTS JAPSY opened at $9.82 on Wednesday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.25 and a current ratio of 1.31. The company has a market capitalization of $8.57 billion, a P/E ratio of 10.67 and a beta of 0.44. Japan Airlines has a one year low of $7.48 and a one year high of $11.00. The stock has a 50 day moving average price of $10.47 and a 200-day moving average price of $9.78.

Japan Airlines (OTCMKTS:JAPSY) last posted its earnings results on Wednesday, July 30th. The company reported $0.21 EPS for the quarter. The firm had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.20 billion. Japan Airlines had a return on equity of 12.28% and a net margin of 6.35%. As a group, equities analysts predict that Japan Airlines will post 0.8 EPS for the current fiscal year.

About Japan Airlines

Japan Airlines Co, Ltd., together with its subsidiaries, provides scheduled and non-scheduled air transport services in Japan, Asia, Oceania, North America, and Europe. The company operates through Air Transportation and Other segments. It offers passenger, ground handling, cargo and mail handling, and maintenance services.