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International Consolidated Airlines Group (OTCMKTS:ICAGY) Reaches New 52-Week High - Still a Buy?

International Consolidated Airlines Group logo with Transportation background

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $9.13 and last traded at $9.09, with a volume of 159043 shares. The stock had previously closed at $8.93.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Sanford C. Bernstein lowered shares of International Consolidated Airlines Group from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 12th. Barclays lowered shares of International Consolidated Airlines Group from a "strong-buy" rating to a "strong sell" rating in a research report on Wednesday, March 12th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold".

View Our Latest Analysis on ICAGY

International Consolidated Airlines Group Trading Down 2.4%

The company has a debt-to-equity ratio of 2.71, a quick ratio of 0.67 and a current ratio of 0.70. The firm has a market capitalization of $21.07 billion, a P/E ratio of 2.83, a price-to-earnings-growth ratio of 0.69 and a beta of 2.12. The firm has a 50 day moving average price of $7.71 and a two-hundred day moving average price of $7.71.

International Consolidated Airlines Group (OTCMKTS:ICAGY - Get Free Report) last issued its 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 business had revenue of $7.41 billion during the quarter, compared to analysts' expectations of $6.85 billion. International Consolidated Airlines Group had a return on equity of 138.31% and a net margin of 9.12%. On average, equities research analysts expect that International Consolidated Airlines Group S.A. will post 1.07 EPS for the current fiscal year.

About International Consolidated Airlines Group

(Get Free Report)

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.

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