International Consolidated Airlines Group SA (OTCMKTS:ICAGY) Short Interest Update

International Consolidated Airlines Group SA (OTCMKTS:ICAGY) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 1,900 shares, a decline of 47.2% from the August 31st total of 3,600 shares. Based on an average trading volume of 109,400 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 109,400 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on ICAGY shares. Zacks Research cut shares of International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 1st. Barclays upgraded International Consolidated Airlines Group from an “underweight” rating to an “equal weight” rating in a research report on Monday, August 4th. UBS Group downgraded shares of International Consolidated Airlines Group from a “neutral” rating to a “sell” rating in a report on Wednesday, August 6th. Finally, Sanford C. Bernstein raised shares of International Consolidated Airlines Group from a “market perform” rating to an “outperform” rating in a research note on Thursday, June 26th. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, International Consolidated Airlines Group currently has an average rating of “Hold”.

International Consolidated Airlines Group Stock Down 0.1%

OTCMKTS ICAGY opened at $10.33 on Monday. The company has a market cap of $23.87 billion, a P/E ratio of 3.30, a P/E/G ratio of 0.81 and a beta of 2.10. International Consolidated Airlines Group has a one year low of $4.92 and a one year high of $10.71. The business has a fifty day moving average price of $10.28 and a 200 day moving average price of $8.94. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.65 and a current ratio of 0.68.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last posted its quarterly earnings results on Friday, August 1st. The transportation company reported $1.29 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $10.06 billion during the quarter, compared to analysts’ expectations of $8.77 billion. Research analysts anticipate that International Consolidated Airlines Group will post 1.07 EPS 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.