International Consolidated Airlines Group (ICAGY) Projected to Post Earnings on Monday

International Consolidated Airlines Group (OTCMKTS:ICAGY - Get Free Report) is expected to announce its earnings results on Monday, February 24th. Analysts expect International Consolidated Airlines Group to post earnings of $0.21 per share and revenue of $7.62 billion for the quarter.

International Consolidated Airlines Group Trading Up 1.0 %

International Consolidated Airlines Group stock traded up $0.08 during mid-day trading on Thursday, hitting $8.30. The company's stock had a trading volume of 100,460 shares, compared to its average volume of 144,602. The business has a 50 day moving average price of $7.97 and a 200-day moving average price of $6.30. International Consolidated Airlines Group has a 12 month low of $3.54 and a 12 month high of $9.11. The stock has a market cap of $20.05 billion, a price-to-earnings ratio of 2.64, a price-to-earnings-growth ratio of 0.71 and a beta of 2.17. The company has a debt-to-equity ratio of 2.71, a current ratio of 0.70 and a quick ratio of 0.67.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft upgraded International Consolidated Airlines Group from a "hold" rating to a "buy" rating in a report on Wednesday, December 11th. Sanford C. Bernstein lowered International Consolidated Airlines Group from a "strong-buy" rating to a "hold" rating in a research note 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. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy".

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.