International Consolidated Airlines Group (OTCMKTS:ICAGY) Reaches New 12-Month High - Should You Buy?

Shares of International Consolidated Airlines Group SA (OTCMKTS:ICAGY - Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as $9.65 and last traded at $9.54, with a volume of 155571 shares traded. The stock had previously closed at $9.38.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein raised shares of International Consolidated Airlines Group from a "market perform" rating to an "outperform" rating in a report on Thursday, June 26th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold".

International Consolidated Airlines Group Trading Down 0.4%

The company has a market capitalization of $23.19 billion, a price-to-earnings ratio of 3.50, a price-to-earnings-growth ratio of 0.90 and a beta of 2.12. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.75 and a current ratio of 0.78. The business's 50 day moving average price is $8.82 and its two-hundred day moving average price is $8.01.

International Consolidated Airlines Group (OTCMKTS:ICAGY - Get Free Report) last released its earnings results on Friday, May 9th. The transportation company reported $0.05 earnings per share for the quarter, topping analysts' consensus estimates of ($0.01) by $0.06. The firm had revenue of $7.41 billion during the quarter, compared to the consensus estimate of $6.85 billion. International Consolidated Airlines Group had a return on equity of 115.72% and a net margin of 8.98%. Equities analysts forecast that International Consolidated Airlines Group SA will post 1.07 earnings per share for the current fiscal year.

International Consolidated Airlines Group Company Profile

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.