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

Shares of International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY - Get Free Report) have earned a consensus recommendation of "Hold" from the seven research firms that are presently covering the company, MarketBeat reports. One investment 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.

Several equities analysts have recently 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 report on Monday, February 10th. Sanford C. Bernstein downgraded International Consolidated Airlines Group from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 12th. Finally, Barclays downgraded 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 Stock Performance

ICAGY stock traded up $0.04 during midday trading on Wednesday, reaching $8.93. The company had a trading volume of 48,296 shares, compared to its average volume of 141,035. The company has a quick ratio of 0.67, a current ratio of 0.70 and a debt-to-equity ratio of 2.71. The stock has a 50 day moving average price of $7.55 and a 200 day moving average price of $7.65. International Consolidated Airlines Group has a fifty-two week low of $4.01 and a fifty-two week high of $9.11. The firm has a market capitalization of $21.14 billion, a PE ratio of 2.84, a P/E/G ratio of 0.69 and a beta of 2.05.

International Consolidated Airlines Group (OTCMKTS:ICAGY - Get Free Report) last issued its earnings results on Friday, May 9th. The transportation company reported $0.05 EPS for the quarter, beating analysts' consensus estimates of ($0.01) by $0.06. International Consolidated Airlines Group had a return on equity of 138.31% and a net margin of 9.12%. The company had revenue of $7.41 billion during the quarter, compared to the consensus estimate of $6.85 billion. Analysts anticipate that International Consolidated Airlines Group will post 1.07 earnings per share for the current 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.