International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Receives Consensus Rating of "Hold" from Brokerages

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY - Get Free Report) has received a consensus rating of "Hold" from the seven research firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have issued a buy recommendation on the company.

A number of analysts have issued reports on the company. The Goldman Sachs Group downgraded International Consolidated Airlines Group from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 10th. Sanford C. Bernstein lowered International Consolidated Airlines Group from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 12th. Finally, Barclays lowered International Consolidated Airlines Group from a "strong-buy" rating to a "strong sell" rating in a research report on Wednesday, March 12th.

International Consolidated Airlines Group Price Performance

OTCMKTS:ICAGY traded down $0.19 during mid-day trading on Friday, hitting $8.34. 67,297 shares of the stock traded hands, compared to its average volume of 149,627. The company has a market cap of $19.95 billion, a PE ratio of 2.65, a price-to-earnings-growth ratio of 0.69 and a beta of 2.05. The company has a quick ratio of 0.67, a current ratio of 0.70 and a debt-to-equity ratio of 2.71. International Consolidated Airlines Group has a 12-month low of $4.01 and a 12-month high of $9.11. The business's 50-day moving average price is $7.05 and its 200 day moving average price is $7.29.

International Consolidated Airlines Group (OTCMKTS:ICAGY - Get Free Report) last released 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. International Consolidated Airlines Group had a net margin of 9.12% and a return on equity of 138.31%. The company had revenue of $7.41 billion for the quarter, compared to analysts' expectations of $6.85 billion. On average, analysts expect 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.