International Consolidated Airlines Group SA (OTCMKTS:ICAGY) Receives Average Recommendation of “Hold” from Brokerages

International Consolidated Airlines Group SA (OTCMKTS:ICAGY) has been assigned a consensus rating of “Hold” from the six research firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company.

Several analysts have recently issued reports on the company. UBS Group downgraded International Consolidated Airlines Group from a “neutral” rating to a “sell” rating in a research note on Wednesday, August 6th. Sanford C. Bernstein raised International Consolidated Airlines Group from a “market perform” rating to an “outperform” rating in a research report on Thursday, June 26th. Barclays upgraded International Consolidated Airlines Group from an “underweight” rating to an “equal weight” rating in a report on Monday, August 4th. Finally, Zacks Research lowered shares of International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 1st.

International Consolidated Airlines Group Stock Up 0.9%

International Consolidated Airlines Group stock opened at $10.71 on Wednesday. The company has a current ratio of 0.68, a quick ratio of 0.65 and a debt-to-equity ratio of 1.99. International Consolidated Airlines Group has a 1-year low of $4.88 and a 1-year high of $10.71. The firm’s fifty day simple moving average is $10.14 and its 200-day simple moving average is $8.64. The company has a market capitalization of $24.85 billion, a P/E ratio of 3.42, a P/E/G ratio of 0.87 and a beta of 2.19.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last issued its quarterly earnings data on Friday, August 1st. The transportation company reported $1.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.79. The firm had revenue of $10.06 billion during the quarter, compared to analysts’ expectations of $8.77 billion. International Consolidated Airlines Group had a net margin of 9.52% and a return on equity of 110.40%. Sell-side analysts forecast that International Consolidated Airlines Group will post 1.07 earnings per share for the current fiscal 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.