International Consolidated Airlines Group SA (OTCMKTS:ICAGY) Given Average Recommendation of “Hold” by Analysts

International Consolidated Airlines Group SA (OTCMKTS:ICAGY) has earned a consensus recommendation of “Hold” from the seven ratings firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have given a buy recommendation to the company.

A number of research 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 report on Wednesday, August 6th. The Goldman Sachs Group raised International Consolidated Airlines Group from a “neutral” rating to a “buy” rating in a research report on Wednesday, October 22nd. Morgan Stanley initiated coverage on shares of International Consolidated Airlines Group in a report on Wednesday, October 15th. They issued an “overweight” rating for the company. Zacks Research cut shares of International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 12th. Finally, Barclays upgraded shares of International Consolidated Airlines Group from an “underweight” rating to an “equal weight” rating in a research note on Monday, August 4th.

International Consolidated Airlines Group Price Performance

Shares of ICAGY opened at $10.16 on Monday. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.65 and a current ratio of 0.68. The company has a 50 day moving average price of $10.51 and a 200-day moving average price of $9.78. International Consolidated Airlines Group has a fifty-two week low of $5.60 and a fifty-two week high of $11.22. The stock has a market capitalization of $23.31 billion, a PE ratio of 3.08, a PEG ratio of 0.64 and a beta of 2.00.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last issued its quarterly earnings data on Friday, November 7th. The transportation company reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $1.09. The company had revenue of $10.90 billion for the quarter, compared to analyst estimates of $10.95 billion. International Consolidated Airlines Group had a net margin of 9.52% and a return on equity of 84.18%. Equities analysts predict that International Consolidated Airlines Group will post 1.07 earnings per share for the current fiscal year.

About International Consolidated Airlines Group

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.