International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Given Consensus Recommendation of “Hold” by Analysts

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

Several research analysts recently issued reports on ICAGY shares. Barclays lowered shares of International Consolidated Airlines Group from a “strong-buy” rating to a “strong sell” rating in a research note on Wednesday, March 12th. The Goldman Sachs Group lowered shares of International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a report on Monday, February 10th. Finally, Sanford C. Bernstein cut International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 12th.

International Consolidated Airlines Group Price Performance

ICAGY stock opened at $6.43 on Tuesday. The firm has a 50-day moving average of $7.62 and a 200 day moving average of $7.02. 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 $15.39 billion, a P/E ratio of 2.05, a PEG ratio of 0.69 and a beta of 1.92. International Consolidated Airlines Group has a 1 year low of $3.86 and a 1 year high of $9.11.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last released its earnings results on Friday, February 28th. The transportation company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.07. The company 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%. On average, sell-side analysts forecast that International Consolidated Airlines Group will post 1.07 EPS for the current 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.