Short Interest in International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Decreases By 5.3%

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) was the recipient of a large decrease in short interest in the month of August. As of August 15th, there was short interest totalling 1,800 shares, a decrease of 5.3% from the July 31st total of 1,900 shares. Based on an average trading volume of 101,600 shares, the short-interest ratio is presently 0.0 days.

International Consolidated Airlines Group Trading Up 0.0 %

OTCMKTS:ICAGY opened at $4.72 on Tuesday. International Consolidated Airlines Group has a 1 year low of $3.28 and a 1 year high of $4.80. The stock’s fifty day moving average price is $4.34 and its two-hundred day moving average price is $4.23. The company has a debt-to-equity ratio of 2.71, a current ratio of 0.70 and a quick ratio of 0.67. The company has a market cap of $4.62 billion, a P/E ratio of 1.57, a P/E/G ratio of 0.94 and a beta of 2.19.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last issued its quarterly earnings data on Friday, August 2nd. The transportation company reported $1.00 EPS for the quarter, beating the consensus estimate of $0.33 by $0.67. International Consolidated Airlines Group had a net margin of 8.63% and a return on equity of 126.83%. The company had revenue of $8.93 billion during the quarter, compared to analysts’ expectations of $9.03 billion. As a group, analysts expect that International Consolidated Airlines Group will post 1.04 EPS for the current year.

International Consolidated Airlines Group Dividend Announcement

The business also recently announced a dividend, which will be paid on Monday, September 16th. Investors of record on Friday, September 6th will be paid a $0.0671 dividend. The ex-dividend date of this dividend is Friday, September 6th.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Morgan Stanley upgraded International Consolidated Airlines Group from an “underweight” rating to an “overweight” rating in a research note on Wednesday, July 10th. HSBC lowered International Consolidated Airlines Group from a “buy” rating to a “hold” rating in a report on Friday, July 12th. Finally, Hsbc Global Res raised shares of International Consolidated Airlines Group to a “hold” rating in a report on Friday, July 12th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $230.00.

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.