International Consolidated Airlines Group (IAG) Share Price, News & Analysis

Company Overview

International Consolidated Airlines Group, S.A. is a multinational airline holding company with a registered office in Madrid, Spain, and global headquarters in London, England. The company is the result of the 2011 merger of British Airways and Iberia, both flag carriers for their respective countries. Upon completion of the merger, British Airways shareholders owned 55% of the new company which is the 3rd largest carrier globally. The company’s primary listing is on the London Stock Exchange but it is also listed on the Madrid Stock Exchange as well. The company is a constituent of the FTSE 100 and the IBEX 35. Qatar Airways is a major holder of the company and controls more than 25% of the stock as of 2021.

The idea for British Airways was first floated in 1953. The idea was to merge the operations of the British Overseas Airways Corporation and British European Airways which were having a standoff over rights to Cyprus. The idea finally took after the 1969 Edwards report which suggested the nationalization of several British airlines under the management of the British Airlines Board. The British Airways Board allowed the independent operation and branding of the original airlines for several years but soon consolidated the assets under a single brand of British Airways. The company came back to the public market in the early 1980s and has been a major player in the airline industry ever since.

Iberia, or Iberia Airlines, was first formed in 1927 from an investment by private and corporate money. The firm lasted about a year until it was nationalized and consolidated with other Spanish airlines. The brand was revived in 1937 during the Spanish Civil War and operated as a national air carrier until its privatization in 2001. Since then, the company has made aggressive investments in expansions and infrastructure that helped grow it to be Spain’s largest airline. It, along with its low-cost subsidiary Iberia Express, serves 24 domestic and 64 international destinations.

Today, IAG together provides domestic and international air travel across the EU and globally through a network of brands that include but are not limited to British Airways and Iberia. It provides passenger and cargo transportation services as well as tours and vacation packages. The company operates a fleet of 531 aircraft and utilizes a strategy of modernization to control costs. The company’s newest aircraft are up to 20% more efficient than older models. The fleet consists primarily of A320 and A350 as well as Boeing 787 and 777 models.

Written by Jeffrey Neal Johnson

Key Stats

• Today's Range: 300.50 to 305.81
• 50-Day Range: 196 to 305.80
• 52-Week Range: 2.92 to 305.81
• Volume: 24.39 million shs
• Average Volume: 21.93 million shs
• Market Capitalization: £14.98 billion
• P/E Ratio: 728.10
• Dividend Yield: 1.64%
• Price Target: GBX 286.67
• Consensus Rating: Buy

International Consolidated Airlines Group Stock Analysis - MarketRank™

International Consolidated Airlines Group scored higher than 22% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

International Consolidated Airlines Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

International Consolidated Airlines Group has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of International Consolidated Airlines Group is 728.10, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 113.44.

Price to Earnings Ratio vs. Sector

The P/E ratio of International Consolidated Airlines Group is 728.10, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 369.90.

Price to Earnings Growth Ratio

International Consolidated Airlines Group has a PEG Ratio of 0.21. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

International Consolidated Airlines Group has a P/B Ratio of 3.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for IAG.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

International Consolidated Airlines Group pays a meaningful dividend of 2.64%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

International Consolidated Airlines Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of International Consolidated Airlines Group is 1,190.48%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for IAG.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.53

News Sentiment

International Consolidated Airlines Group has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrials companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for International Consolidated Airlines Group this week, compared to 3 articles on an average week.

Search Interest

Only 27 people have searched for IAG on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.

MarketBeat Follows

9 people have added International Consolidated Airlines Group to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, International Consolidated Airlines Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

25.26% of the stock of International Consolidated Airlines Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 14.59% of the stock of International Consolidated Airlines Group is held by institutions.

IAG Stock Analysis - Frequently Asked Questions

How have IAG shares performed this year?

International Consolidated Airlines Group's stock was trading at GBX 155 at the start of the year. Since then, IAG stock has increased by 97.3% and is now trading at GBX 305.80.
View the best growth stocks for 2024 here.

How do I buy shares of International Consolidated Airlines Group?

Shares of IAG stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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What other stocks do shareholders of International Consolidated Airlines Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that International Consolidated Airlines Group investors own include International Consolidated Airlines Group (ICAGY), easyJet (EZJ), Rolls-Royce Holdings plc (RR.L), Lloyds Banking Group (LLOY), Alibaba Group (BABA), Meta Platforms (META) and NIO (NIO).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Industrials
• Industry: Airlines
• Sub-Industry: Precious Metals
• Current Symbol: LON:IAG
• CUSIP: N/A
• CIK: N/A
• Web: www.es.iairgroup.com
• Phone: +44-20-85642800
• Fax: N/A
• Employees: 5,360
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 286.67
• High Stock Price Target: GBX 400
• Low Stock Price Target: GBX 230
• Potential Upside/Downside: -6.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.42
• Trailing P/E Ratio: 728.10
• Forward P/E Ratio: 7.17
• P/E Growth: 0.21
• Net Income: £2.64 billion
• Net Margins: 8.63%
• Pretax Margin: N/A
• Return on Equity: 77.06%
• Return on Assets: 5.44%

Debt

• Debt-to-Equity Ratio: 337.70
• Current Ratio: 0.70
• Quick Ratio: 0.63

Sales & Book Value

• Annual Sales: £30.59 billion
• Price / Sales: 0.49
• Cash Flow: GBX 424.84 per share
• Price / Cash Flow: 0.72
• Book Value: GBX 97 per share
• Price / Book: 3.15

Miscellaneous

• Outstanding Shares: 4,900,000,000
• Free Float: N/A
• Market Cap: £14.98 billion
• Optionable: Not Optionable
• Beta: 2.31