Zacks Research Upgrades ANA (OTCMKTS:ALNPY) to Hold

ANA (OTCMKTS:ALNPY) was upgraded by equities research analysts at Zacks Research to a “hold” rating in a research note issued to investors on Wednesday,Zacks.com reports.

ALNPY has been the subject of several other reports. Nomura cut shares of ANA from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Smbc Nikko Sec. raised shares of ANA to a “hold” rating in a report on Friday, February 27th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

ANA Trading Down 3.9%

OTCMKTS ALNPY opened at $3.47 on Wednesday. The stock has a market capitalization of $8.09 billion, a P/E ratio of 7.89 and a beta of 0.46. ANA has a 52-week low of $3.30 and a 52-week high of $4.48. The firm has a 50-day moving average price of $3.66 and a 200 day moving average price of $3.83. The company has a quick ratio of 1.51, a current ratio of 1.59 and a debt-to-equity ratio of 0.69.

ANA (OTCMKTS:ALNPY) last posted its quarterly earnings results on Thursday, April 30th. The transportation company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.02. The firm had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $4.06 billion. ANA had a net margin of 6.65% and a return on equity of 13.79%. Equities research analysts expect that ANA will post 0.26 EPS for the current year.

About ANA

All Nippon Airways Co, Ltd. (OTCMKTS: ALNPY) is a Tokyo-based airline offering passenger and cargo air transportation services. Founded in 1952, the company operates scheduled flights under its ANA brand, providing a network of domestic and international routes. In addition to core flight operations, ANA delivers ancillary services including in-flight catering, ground handling and aircraft maintenance.

ANA’s diversified business model encompasses several subsidiaries such as ANA Wings and Air Japan for regional operations, and ANA Cargo for freight services.