International Consolidated Airlines Group SA (OTCMKTS:ICAGY) Receives Average Recommendation of "Hold" from Analysts

Key Points

• International Consolidated Airlines Group SA (OTCMKTS:ICAGY) currently holds an average rating of "Hold" from analysts, with one sell rating, three holds, and two buy ratings.
• The company reported a surprise earnings per share of $1.29 for the last quarter, significantly exceeding the consensus estimate of $0.50, alongside a revenue of $10.06 billion.
• ICAGY's stock is experiencing strong volatility, with a beta of 2.19, alongside having a market capitalization of $23.61 billion and a debt-to-equity ratio of 1.99.

Shares of International Consolidated Airlines Group SA (OTCMKTS:ICAGY - Get Free Report) have received a consensus recommendation of "Hold" from the six ratings firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have issued a buy recommendation on the company.

ICAGY has been the subject of a number of recent research reports. Sanford C. Bernstein raised shares of International Consolidated Airlines Group from a "market perform" rating to an "outperform" rating in a research report on Thursday, June 26th. Barclays raised shares of International Consolidated Airlines Group from an "underweight" rating to an "equal weight" rating in a report on Monday, August 4th. Zacks Research cut shares of International Consolidated Airlines Group from a "strong-buy" rating to a "hold" rating in a report on Monday, September 1st. Finally, UBS Group cut shares of International Consolidated Airlines Group from a "neutral" rating to a "sell" rating in a report on Wednesday, August 6th.

International Consolidated Airlines Group Stock Up 0.9%

OTCMKTS ICAGY traded up $0.09 during trading hours on Wednesday, reaching $10.51. 69,430 shares of the company's stock traded hands, compared to its average volume of 50,222. International Consolidated Airlines Group has a 52-week low of $4.84 and a 52-week high of $10.67. The firm has a market cap of $24.39 billion, a PE ratio of 3.36, a PEG ratio of 0.87 and a beta of 2.19. The firm has a 50-day simple moving average of $10.09 and a 200 day simple moving average of $8.61. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.68 and a quick ratio of 0.65.

International Consolidated Airlines Group (OTCMKTS:ICAGY - Get Free Report) last issued its quarterly earnings results on Friday, August 1st. The transportation company reported $1.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.50 by $0.79. International Consolidated Airlines Group had a net margin of 9.52% and a return on equity of 110.40%. The company had revenue of $10.06 billion during the quarter, compared to analysts' expectations of $8.77 billion. Sell-side analysts anticipate that International Consolidated Airlines Group will post 1.07 EPS 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.