International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Receives Consensus Recommendation of "Hold" from Brokerages

Shares of International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY - Get Free Report) have been given an average recommendation of "Hold" by the seven research firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company.

Several research firms recently commented on ICAGY. Sanford C. Bernstein lowered shares of International Consolidated Airlines Group from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 12th. Barclays lowered International Consolidated Airlines Group from a "strong-buy" rating to a "strong sell" rating in a research note on Wednesday, March 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

ICAGY stock traded up $0.05 during mid-day trading on Tuesday, reaching $6.54. 29,500 shares of the company traded hands, compared to its average volume of 152,692. The company has a fifty day moving average price of $7.43 and a 200-day moving average price of $7.03. International Consolidated Airlines Group has a 52-week low of $4.01 and a 52-week high of $9.11. The company has a market capitalization of $15.65 billion, a P/E ratio of 2.08, a P/E/G ratio of 0.69 and a beta of 1.92. The company has a debt-to-equity ratio of 2.71, a current ratio of 0.70 and a quick ratio of 0.67.

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