International Consolidated Airlines Group (OTCMKTS:ICAGY – Get Free Report) announced its quarterly earnings results on Friday. The transportation company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.49, Zacks reports. International Consolidated Airlines Group had a net margin of 9.52% and a return on equity of 112.24%.
International Consolidated Airlines Group Stock Performance
Shares of ICAGY stock traded down $0.67 on Friday, hitting $11.48. The company’s stock had a trading volume of 49,962 shares, compared to its average volume of 50,452. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.65 and a current ratio of 0.68. The stock’s 50 day moving average is $11.46 and its 200-day moving average is $10.81. International Consolidated Airlines Group has a fifty-two week low of $5.60 and a fifty-two week high of $12.36. The company has a market capitalization of $26.19 billion, a PE ratio of 3.48, a PEG ratio of 0.41 and a beta of 1.63.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised shares of International Consolidated Airlines Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
International Consolidated Airlines Group Company Profile
International Consolidated Airlines Group (OTCMKTS:ICAGY) is a Europe-focused airline holding company formed in 2011 through the combination of British Airways and Iberia. The group owns and operates a portfolio of passenger carriers that provide short-haul, long-haul and low-cost services, together with associated aviation businesses. Its operations span international and domestic markets, with extensive networks across Europe, transatlantic routes and links to Latin America and other global destinations.
IAG’s principal airline brands include British Airways, Iberia, Aer Lingus, Vueling and LEVEL.
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