Air France-KLM (OTCMKTS:AFLYY) Lowered to “Reduce” Rating by Kepler Capital Markets

Kepler Capital Markets downgraded shares of Air France-KLM (OTCMKTS:AFLYY) from a hold rating to a reduce rating in a research report released on Friday, MarketBeat Ratings reports.

Other research analysts also recently issued research reports about the company. Zacks Research downgraded Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Air France-KLM in a research note on Monday, June 22nd. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Air France-KLM in a research note on Wednesday, July 8th. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold”.

Air France-KLM Trading Down 5.5%

Shares of Air France-KLM stock opened at $1.37 on Friday. The company has a debt-to-equity ratio of 4.26, a current ratio of 0.72 and a quick ratio of 0.66. Air France-KLM has a 1 year low of $0.99 and a 1 year high of $1.76. The firm has a market cap of $3.60 billion, a PE ratio of 2.11, a PEG ratio of 0.23 and a beta of 1.39. The company has a 50 day simple moving average of $1.34 and a two-hundred day simple moving average of $1.26.

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 the consensus estimate 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 for the quarter, compared to the consensus estimate of $8.77 billion. Analysts expect that Air France-KLM will post 0.41 earnings per share 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.