International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Given Average Rating of “Hold” by Brokerages

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) has been given an average rating of “Hold” by the seven ratings firms that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating on the company.

A number of research analysts have weighed in on ICAGY shares. Sanford C. Bernstein downgraded International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 12th. Deutsche Bank Aktiengesellschaft raised shares of International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a research note on Wednesday, December 11th. The Goldman Sachs Group lowered shares of International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 10th. Finally, Barclays downgraded shares of 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 Down 2.4 %

Shares of International Consolidated Airlines Group stock opened at $7.33 on Friday. The firm has a market cap of $17.60 billion, a PE ratio of 2.33, a P/E/G ratio of 0.69 and a beta of 2.16. The business’s 50 day simple moving average is $8.13 and its 200 day simple moving average is $6.85. The company has a debt-to-equity ratio of 2.71, a quick ratio of 0.67 and a current ratio of 0.70. International Consolidated Airlines Group has a 52-week low of $3.86 and a 52-week high of $9.11.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last posted its quarterly earnings data on Friday, February 28th. The transportation company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.07. International Consolidated Airlines Group had a net margin of 9.12% and a return on equity of 138.31%. The company had revenue of $8.58 billion for the quarter, compared to the consensus estimate of $7.62 billion. On average, analysts predict that International Consolidated Airlines Group will post 1.07 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.