ANA (OTCMKTS:ALNPY) Issues Quarterly Earnings Results

ANA (OTCMKTS:ALNPY) posted its quarterly earnings results on Wednesday. The transportation company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.01, Zacks reports. ANA had a return on equity of 13.20% and a net margin of 6.65%.

ANA Price Performance

Shares of ALNPY stock remained flat at $3.88 during trading hours on Wednesday. 6,697 shares of the stock were exchanged, compared to its average volume of 1,210. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.54 and a quick ratio of 1.46. The firm has a market capitalization of $9.05 billion, a price-to-earnings ratio of 8.82 and a beta of 0.47. ANA has a twelve month low of $3.30 and a twelve month high of $4.48. The firm has a fifty day moving average of $3.67 and a two-hundred day moving average of $3.80.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on ALNPY shares. Nomura raised ANA from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 2nd. Zacks Research raised ANA to a “hold” rating in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, ANA currently has an average rating of “Moderate Buy”.

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.