International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Receives Average Rating of “Hold” from Analysts

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

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

International Consolidated Airlines Group Stock Up 0.5%

Shares of International Consolidated Airlines Group stock opened at $8.93 on Wednesday. The company has a debt-to-equity ratio of 2.71, a current ratio of 0.70 and a quick ratio of 0.67. International Consolidated Airlines Group has a 1 year low of $4.01 and a 1 year high of $9.11. The firm’s 50-day moving average is $7.55 and its two-hundred day moving average is $7.67. The stock has a market cap of $21.14 billion, a price-to-earnings ratio of 2.84, a PEG ratio of 0.69 and a beta of 2.12.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last issued its earnings results on Friday, May 9th. The transportation company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.06. International Consolidated Airlines Group had a net margin of 9.12% and a return on equity of 138.31%. The company had revenue of $7.41 billion for the quarter, compared to analysts’ expectations of $6.85 billion. As a group, research analysts expect 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.