International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Given Average Rating of “Hold” by Brokerages

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) has received an average rating of “Hold” from the seven brokerages that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have given a buy recommendation to the company.

A number of equities research analysts have recently issued reports on ICAGY shares. The Goldman Sachs Group downgraded shares of International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 10th. Sanford C. Bernstein lowered International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 12th. Deutsche Bank Aktiengesellschaft upgraded International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a research report on Wednesday, December 11th. Finally, Barclays lowered shares of International Consolidated Airlines Group from a “strong-buy” rating to a “strong sell” rating in a research report on Wednesday, March 12th.

International Consolidated Airlines Group Price Performance

ICAGY stock opened at $7.66 on Friday. The company has a market capitalization of $18.41 billion, a P/E ratio of 2.44, a PEG ratio of 0.69 and a beta of 2.16. The business has a 50 day simple moving average of $8.13 and a 200-day simple moving average of $6.89. The company has a current ratio of 0.70, a quick ratio of 0.67 and a debt-to-equity ratio of 2.71. International Consolidated Airlines Group has a twelve month low of $3.86 and a twelve month high of $9.11.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last released its quarterly earnings results on Friday, February 28th. The transportation company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.21 by $0.07. The business had revenue of $8.58 billion during the quarter, compared to analysts’ expectations of $7.62 billion. International Consolidated Airlines Group had a return on equity of 138.31% and a net margin of 9.12%. As a group, equities analysts anticipate that International Consolidated Airlines Group will post 1.07 EPS for the current 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.