China Southern Airlines (NYSE:ZNH) was downgraded by equities analysis analysts at ValuEngine from a “strong-buy” ranking to a “purchase” ranking in a report launched on Saturday, ValuEngine studies.
Different equities analysis analysts have additionally issued studies concerning the firm. JPMorgan Chase & Co. upgraded China Southern Airlines from a “impartial” ranking to an “obese” ranking in a analysis report on Friday, November sixth. Morgan Stanley upgraded China Southern Airlines from an “equal weight” ranking to an “obese” ranking in a analysis be aware on Monday, November 16th. One funding analyst has rated the stock with a maintain ranking, six have given a purchase ranking and one has issued a powerful purchase ranking to the corporate. China Southern Airlines has a mean ranking of “Purchase” and a consensus goal price of $24.00.
ZNH opened at $31.71 on Friday. The agency has a market cap of $7.78 billion, a price-to-earnings ratio of -8.34 and a beta of 1.66. The corporate has a debt-to-equity ratio of 1.59, a fast ratio of 0.30 and a present ratio of 0.33. The agency’s 50-day easy shifting common is $28.32 and its 200-day easy shifting common is $25.34. China Southern Airlines has a twelve month low of $18.45 and a twelve month excessive of $35.60.
China Southern Airlines (NYSE:ZNH) final launched its quarterly earnings outcomes on Monday, August 31st. The transportation firm reported ($1.48) EPS for the quarter. The agency had income of $2.52 billion through the quarter. China Southern Airlines had a damaging web margin of 6.01% and a damaging return on fairness of 9.29%. As a bunch, sell-side analysts anticipate that China Southern Airlines will publish -5.64 EPS for the present fiscal 12 months.
A number of hedge funds and different institutional buyers have not too long ago added to or lowered their stakes in ZNH. Goldman Sachs Group Inc. acquired a brand new place in shares of China Southern Airlines through the second quarter valued at $714,000. Aperio Group LLC lifted its place in China Southern Airlines by 28.6% through the third quarter. Aperio Group LLC now owns 52,214 shares of the transportation firm’s stock valued at $1,420,000 after buying an extra 11,604 shares through the interval. Jane Street Group LLC lifted its place in China Southern Airlines by 30.0% through the third quarter. Jane Street Group LLC now owns 48,689 shares of the transportation firm’s stock valued at $1,324,000 after buying an extra 11,242 shares through the interval. JPMorgan Chase & Co. boosted its stake in shares of China Southern Airlines by 12,416.0% within the third quarter. JPMorgan Chase & Co. now owns 6,258 shares of the transportation firm’s stock valued at $167,000 after buying an extra 6,208 shares over the past quarter. Lastly, Morgan Stanley grew its place in shares of China Southern Airlines by 211.3% through the third quarter. Morgan Stanley now owns 8,406 shares of the transportation firm’s stock worth $228,000 after shopping for an extra 5,706 shares through the interval. 0.28% of the stock is owned by institutional buyers.
China Southern Airlines Firm Profile
China Southern Airlines Firm Restricted offers airline transportation companies within the Individuals’s Republic of China, Hong Kong, Macau, Taiwan, and internationally. It operates by two segments, Airline Transportation Operations and Different Segments. The corporate gives passenger, cargo, mail supply, and different prolonged transportation companies.
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To view ValuEngine’s full report, go to ValuEngine’s official web site.
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