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

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 earned a consensus rating of "Hold" from the six analysts that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company.

Several research analysts have commented on ICAGY shares. UBS Group downgraded shares of International Consolidated Airlines Group from a "neutral" rating to a "sell" rating in a report on Wednesday, August 6th. 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. Barclays raised shares of International Consolidated Airlines Group from an "underweight" rating to an "equal weight" rating in a report on Monday, August 4th. Finally, Zacks Research downgraded shares of International Consolidated Airlines Group from a "strong-buy" rating to a "hold" rating in a report on Monday, September 1st.

International Consolidated Airlines Group Stock Performance

Shares of OTCMKTS ICAGY traded up $0.09 during midday trading on Wednesday, hitting $10.60. 36,378 shares of the stock traded hands, compared to its average volume of 116,280. The firm has a 50-day moving average of $10.09 and a two-hundred day moving average of $8.61. The firm has a market capitalization of $24.60 billion, a P/E ratio of 3.39, a PEG ratio of 0.87 and a beta of 2.19. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.65 and a current ratio of 0.68. International Consolidated Airlines Group has a one year low of $4.88 and a one year high of $10.67.

International Consolidated Airlines Group (OTCMKTS:ICAGY - Get Free Report) last released its quarterly earnings results on Friday, August 1st. The transportation company reported $1.29 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.79. The firm had revenue of $10.06 billion for the quarter, compared to analysts' expectations of $8.77 billion. International Consolidated Airlines Group had a return on equity of 110.40% and a net margin of 9.52%. On average, equities analysts forecast 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.