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 - Get Free Report) have received a consensus recommendation of "Hold" from the seven brokerages that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and two have assigned a buy recommendation to the company.

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

International Consolidated Airlines Group Price Performance

ICAGY traded up $0.24 on Friday, hitting $7.66. 42,915 shares of the company were exchanged, compared to its average volume of 152,911. The business's fifty day moving average is $8.13 and its 200 day moving average is $6.87. International Consolidated Airlines Group has a fifty-two week low of $3.86 and a fifty-two week high of $9.11. The company has a debt-to-equity ratio of 2.71, a quick ratio of 0.67 and a current ratio of 0.70. The firm has a market capitalization of $18.41 billion, a P/E ratio of 2.44, a price-to-earnings-growth ratio of 0.69 and a beta of 2.16.

Remove Ads

International Consolidated Airlines Group (OTCMKTS:ICAGY - Get Free Report) last issued its quarterly earnings data on Friday, February 28th. The transportation company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.07. The firm had revenue of $8.58 billion during the quarter, compared to analysts' expectations of $7.62 billion. International Consolidated Airlines Group had a return on equity of 138.31% and a net margin of 9.12%. As a group, sell-side analysts anticipate that International Consolidated Airlines Group will post 1.07 EPS for the current year.

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.