Sanford C. Bernstein Upgrades International Consolidated Airlines Group (OTCMKTS:ICAGY) to "Outperform"

International Consolidated Airlines Group (OTCMKTS:ICAGY - Get Free Report) was upgraded by research analysts at Sanford C. Bernstein from a "market perform" rating to an "outperform" rating in a report issued on Thursday, MarketBeat reports.

Separately, Barclays cut International Consolidated Airlines Group from a "strong-buy" rating to a "strong sell" rating in a report on Wednesday, March 12th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, International Consolidated Airlines Group has a consensus rating of "Hold".

International Consolidated Airlines Group Trading Up 0.5%

Shares of International Consolidated Airlines Group stock traded up $0.05 on Thursday, reaching $9.26. The company had a trading volume of 105,600 shares, compared to its average volume of 98,121. The firm has a market cap of $21.70 billion, a price-to-earnings ratio of 3.26, a P/E/G ratio of 0.92 and a beta of 2.12. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.78 and a quick ratio of 0.75. The firm's 50-day moving average price is $8.29 and its two-hundred day moving average price is $7.87. International Consolidated Airlines Group has a 1 year low of $4.04 and a 1 year high of $9.26.

International Consolidated Airlines Group (OTCMKTS:ICAGY - Get Free Report) last announced its earnings results on Friday, May 9th. The transportation company reported $0.05 EPS 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 analysts' expectations of $6.85 billion. International Consolidated Airlines Group had a return on equity of 115.72% and a net margin of 8.98%. As a group, research analysts predict that International Consolidated Airlines Group 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.