International Consolidated Airlines Group (ICAGY) Projected to Post Earnings on Monday

International Consolidated Airlines Group (OTCMKTS:ICAGY - Get Free Report) will likely be posting its quarterly earnings results on Monday, February 24th. Analysts expect International Consolidated Airlines Group to post earnings of $0.21 per share and revenue of $7.62 billion for the quarter.

International Consolidated Airlines Group Stock Down 3.5 %

OTCMKTS:ICAGY traded down $0.30 on Wednesday, reaching $8.22. The stock had a trading volume of 257,798 shares, compared to its average volume of 145,984. The company has a current ratio of 0.70, a quick ratio of 0.67 and a debt-to-equity ratio of 2.71. The company has a 50-day moving average of $7.95 and a 200 day moving average of $6.29. The stock has a market cap of $19.85 billion, a P/E ratio of 2.62, a price-to-earnings-growth ratio of 0.71 and a beta of 2.17. International Consolidated Airlines Group has a 12-month low of $3.54 and a 12-month high of $9.11.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft raised shares of International Consolidated Airlines Group from a "hold" rating to a "buy" rating in a research report on Wednesday, December 11th. The Goldman Sachs Group cut shares of International Consolidated Airlines Group from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 10th. Finally, Sanford C. Bernstein cut shares of International Consolidated Airlines Group from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 12th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy".

International Consolidated Airlines Group Company Profile

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.