International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) have been given an average recommendation of “Moderate Buy” by the six analysts that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company.

Separately, Deutsche Bank Aktiengesellschaft upgraded shares of International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a research report on Wednesday.

International Consolidated Airlines Group Stock Down 0.3 %

ICAGY stock opened at $7.45 on Wednesday. The stock has a market capitalization of $18.18 billion, a P/E ratio of 2.43, a P/E/G ratio of 0.72 and a beta of 2.23. The company has a debt-to-equity ratio of 2.71, a current ratio of 0.70 and a quick ratio of 0.67. International Consolidated Airlines Group has a 1-year low of $3.51 and a 1-year high of $7.56. The business has a fifty day moving average price of $5.96 and a 200-day moving average price of $5.03.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last announced its quarterly earnings results on Friday, November 8th. The transportation company reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $1.05. The firm had revenue of $10.25 billion during the quarter, compared to analyst estimates of $10.21 billion. International Consolidated Airlines Group had a net margin of 9.12% and a return on equity of 138.31%. Equities analysts forecast that International Consolidated Airlines Group will post 1.06 earnings per share 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.