Air France-KLM (OTCMKTS:AFLYY) Cut to Reduce at Kepler Capital Markets

Kepler Capital Markets lowered shares of Air France-KLM (OTCMKTS:AFLYY) from a hold rating to a reduce rating in a report published on Friday, Marketbeat.com reports.

A number of other analysts have also commented on the stock. Zacks Research lowered shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Air France-KLM in a research note on Monday, June 22nd. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Air France-KLM in a report on Wednesday, July 8th. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Air France-KLM currently has an average rating of “Hold”.

Air France-KLM Price Performance

Shares of OTCMKTS:AFLYY opened at $1.37 on Friday. The business’s 50 day simple moving average is $1.34 and its two-hundred day simple moving average is $1.26. The firm has a market cap of $3.60 billion, a P/E ratio of 2.11, a PEG ratio of 0.22 and a beta of 1.39. The company has a debt-to-equity ratio of 4.26, a quick ratio of 0.66 and a current ratio of 0.72. Air France-KLM has a 52-week low of $0.99 and a 52-week high of $1.76.

Air France-KLM (OTCMKTS:AFLYY) last announced its quarterly earnings data on Thursday, April 30th. The transportation company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.08). Air France-KLM had a net margin of 4.77% and a return on equity of 71.16%. The firm had revenue of $8.77 billion during the quarter, compared to analyst estimates of $8.77 billion. As a group, research analysts forecast that Air France-KLM will post 0.41 EPS for the current fiscal year.

Air France-KLM Company Profile

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.