International Consolidated Airlines Group SA (OTCMKTS:ICAGY) Given Average Recommendation of "Hold" by Brokerages

Key Points

• International Consolidated Airlines Group SA has received an average rating of "Hold" from six research firms, with one sell, three hold, and two buy ratings.
• The company's shares opened at $10.19 and have a market capitalization of $23.55 billion, showcasing significant growth potential.
• In its latest quarterly report, the company posted $1.29 earnings per share, exceeding expectations of $0.50, with revenues of $10.06 billion compared to predictions of $8.77 billion.

Shares of International Consolidated Airlines Group SA (OTCMKTS:ICAGY - Get Free Report) have been assigned a consensus rating of "Hold" from the six research firms that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company.

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

International Consolidated Airlines Group Price Performance

Shares of OTCMKTS:ICAGY opened at $10.19 on Friday. International Consolidated Airlines Group has a fifty-two week low of $4.88 and a fifty-two week high of $10.71. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.68 and a quick ratio of 0.65. The stock has a market capitalization of $23.55 billion, a P/E ratio of 3.26, a P/E/G ratio of 0.80 and a beta of 2.19. The business has a 50-day moving average of $10.26 and a two-hundred day moving average of $8.83.

International Consolidated Airlines Group (OTCMKTS:ICAGY - Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The transportation company reported $1.29 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.79. International Consolidated Airlines Group had a return on equity of 110.40% and a net margin of 9.52%.The business had revenue of $10.06 billion during the quarter, compared to analysts' expectations of $8.77 billion. On average, equities research analysts predict that International Consolidated Airlines Group will post 1.07 EPS 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.

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