International Consolidated Airlines Group SA (OTCMKTS:ICAGY) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of International Consolidated Airlines Group SA (OTCMKTS:ICAGY) have received an average rating of “Moderate Buy” from the six analysts that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company.

A number of research firms have recently issued reports on ICAGY. Zacks Research cut shares of International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 20th. Barclays raised shares of International Consolidated Airlines Group from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 9th.

International Consolidated Airlines Group Stock Performance

Shares of ICAGY opened at $11.15 on Friday. The company has a current ratio of 0.70, a quick ratio of 0.66 and a debt-to-equity ratio of 1.48. The stock has a market capitalization of $24.89 billion, a P/E ratio of 2.62 and a beta of 1.62. The firm’s fifty day simple moving average is $10.56 and its two-hundred day simple moving average is $10.76. International Consolidated Airlines Group has a 12 month low of $8.22 and a 12 month high of $12.36.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last released its quarterly earnings data on Friday, May 8th. The transportation company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.15. The company had revenue of $8.40 billion for the quarter, compared to analysts’ expectations of $8.41 billion. International Consolidated Airlines Group had a net margin of 10.38% and a return on equity of 100.80%. As a group, analysts predict that International Consolidated Airlines Group will post 1.5 EPS for the current year.

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.