International Consolidated Airlines Group (OTCMKTS:ICAGY) Hits New 12-Month High - Time to Buy?

International Consolidated Airlines Group SA (OTCMKTS:ICAGY - Get Free Report) shares hit a new 52-week high on Monday . The stock traded as high as $10.05 and last traded at $10.02, with a volume of 13191 shares trading hands. The stock had previously closed at $9.94.

Wall Street Analysts Forecast Growth

Separately, 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.

International Consolidated Airlines Group Stock Down 0.1%

The company has a market cap of $23.89 billion, a PE ratio of 3.60, a P/E/G ratio of 0.86 and a beta of 2.12. The company's 50 day moving average is $8.98 and its 200 day moving average is $8.06. The company has a current ratio of 0.78, a quick ratio of 0.75 and a debt-to-equity ratio of 2.25.

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