International Consolidated Airlines Group SA (OTCMKTS:ICAGY) Given Consensus Rating of “Hold” by Brokerages

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

ICAGY has been the topic of a number of research reports. UBS Group cut shares of International Consolidated Airlines Group from a “neutral” rating to a “sell” rating in a report on Wednesday, August 6th. Zacks Research cut shares of International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a report on Monday, September 1st. Sanford C. Bernstein upgraded shares of International Consolidated Airlines Group from a “market perform” rating to an “outperform” rating in a report on Thursday, June 26th. Finally, Barclays upgraded shares of International Consolidated Airlines Group from an “underweight” rating to an “equal weight” rating in a report on Monday, August 4th.

International Consolidated Airlines Group Stock Performance

OTCMKTS:ICAGY opened at $10.33 on Friday. The stock has a market cap of $23.87 billion, a P/E ratio of 3.30, a price-to-earnings-growth ratio of 0.81 and a beta of 2.10. The firm’s fifty day simple moving average is $10.28 and its 200 day simple moving average is $8.93. International Consolidated Airlines Group has a twelve month low of $4.92 and a twelve month high of $10.71. The company has a quick ratio of 0.65, a current ratio of 0.68 and a debt-to-equity ratio of 1.99.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last announced its earnings results on Friday, August 1st. The transportation company reported $1.29 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.79. International Consolidated Airlines Group had a net margin of 9.52% and a return on equity of 110.40%. The firm had revenue of $10.06 billion for the quarter, compared to analysts’ expectations of $8.77 billion. As a group, research analysts predict 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.