International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Receives Average Rating of “Hold” from Analysts

Shares of International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) have been given a consensus recommendation of “Hold” by the seven research firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have assigned a buy recommendation to the company.

ICAGY has been the subject of a number of research analyst reports. Barclays cut International Consolidated Airlines Group from a “strong-buy” rating to a “strong sell” rating in a report on Wednesday, March 12th. Deutsche Bank Aktiengesellschaft raised shares of International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a research note on Wednesday, December 11th. Sanford C. Bernstein cut shares of International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 12th. Finally, The Goldman Sachs Group lowered International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 10th.

International Consolidated Airlines Group Price Performance

Shares of International Consolidated Airlines Group stock opened at $7.46 on Friday. The stock has a market capitalization of $17.93 billion, a price-to-earnings ratio of 2.38, a P/E/G ratio of 0.69 and a beta of 2.16. The firm’s 50-day moving average price is $8.12 and its two-hundred day moving average price is $6.90. The company has a current ratio of 0.70, a quick ratio of 0.67 and a debt-to-equity ratio of 2.71. International Consolidated Airlines Group has a 1-year low of $3.86 and a 1-year high of $9.11.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last released its quarterly earnings results on Friday, February 28th. The transportation company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.07. International Consolidated Airlines Group had a return on equity of 138.31% and a net margin of 9.12%. The business had revenue of $8.58 billion for the quarter, compared to analyst estimates of $7.62 billion. On average, equities analysts predict that International Consolidated Airlines Group will post 1.07 earnings per share for the current fiscal year.

About International Consolidated Airlines Group

International Consolidated Airlines Group SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, the United States, and rest of the world. It also provides aircraft leasing, aircraft maintenance, tour operation, air freight operations, call centre, ground handling, trustee, retail, IT, finance, procurement, storage and custody, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty programmes.