ANA (OTCMKTS:ALNPY) Announces Quarterly Earnings Results

ANA (OTCMKTS:ALNPY) posted its quarterly earnings data on Wednesday. The transportation company reported $0.03 EPS for the quarter, topping the consensus estimate of $0.02 by $0.01, Zacks reports. ANA had a return on equity of 12.15% and a net margin of 6.27%.The company had revenue of $4.10 billion during the quarter, compared to analyst estimates of $3.98 billion.

ANA Price Performance

Shares of ALNPY remained flat at $3.53 during midday trading on Friday. The company’s stock had a trading volume of 590 shares, compared to its average volume of 1,488. The business has a fifty day simple moving average of $3.68 and a 200 day simple moving average of $3.79. ANA has a twelve month low of $3.30 and a twelve month high of $4.48. The company has a market capitalization of $8.23 billion, a PE ratio of 8.61 and a beta of 0.47. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.46 and a current ratio of 1.54.

Analysts Set New Price Targets

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

ANA Company Profile

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.