International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY - Get Free Report) shares reached a new 52-week high on Friday . The company traded as high as $4.50 and last traded at $4.42, with a volume of 112168 shares traded. The stock had previously closed at $4.41.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on the stock. JPMorgan Chase & Co. upgraded shares of International Consolidated Airlines Group from an "underweight" rating to an "overweight" rating in a report on Wednesday, March 6th. Morgan Stanley lowered International Consolidated Airlines Group from an "equal weight" rating to an "underweight" rating in a research report on Tuesday, January 30th. Finally, Royal Bank of Canada upgraded International Consolidated Airlines Group from a "sector perform" rating to an "outperform" rating in a report on Thursday, March 21st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $213.33.
Read Our Latest Stock Analysis on ICAGY
International Consolidated Airlines Group Price Performance
The business's 50-day moving average price is $4.09 and its two-hundred day moving average price is $3.86. The firm has a market cap of $4.35 billion, a price-to-earnings ratio of 1.51, a P/E/G ratio of 0.91 and a beta of 2.21.
International Consolidated Airlines Group (OTCMKTS:ICAGY - Get Free Report) last issued its earnings results on Sunday, February 25th. The transportation company reported $0.55 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.43. International Consolidated Airlines Group had a net margin of 9.05% and a return on equity of 380.77%. The company had revenue of $7.78 billion for the quarter, compared to analysts' expectations of $7.76 billion. Equities analysts predict that International Consolidated Airlines Group S.A. will post 0.93 earnings per share for the current fiscal year.
About International Consolidated Airlines Group
(
Get Free Report)
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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