Air France-KLM SA (OTCMKTS:AFLYY – Get Free Report) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 113,049 shares, a growth of 630.1% from the March 31st total of 15,484 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 318,369 shares, the short-interest ratio is currently 0.4 days.
Analyst Upgrades and Downgrades
AFLYY has been the topic of several research analyst reports. Citigroup restated a “neutral” rating on shares of Air France-KLM in a research report on Friday, February 20th. Royal Bank Of Canada assumed coverage on shares of Air France-KLM in a report on Tuesday, January 20th. They set a “hold” rating for the company. Zacks Research downgraded shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Oddo Bhf raised shares of Air France-KLM from a “neutral” rating to an “outperform” rating in a report on Friday, February 6th. Finally, Barclays raised shares of Air France-KLM from an “underweight” rating to an “equal weight” rating in a report on Monday, March 9th. Two analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, Air France-KLM currently has a consensus rating of “Hold”.
Check Out Our Latest Research Report on AFLYY
Air France-KLM Price Performance
Air France-KLM (OTCMKTS:AFLYY – Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The transportation company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.19. Air France-KLM had a net margin of 5.00% and a return on equity of 100.70%. The company had revenue of $9.53 billion during the quarter, compared to the consensus estimate of $9.43 billion. Equities research analysts expect that Air France-KLM will post 0.46 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.
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