International Consolidated Airlines Group SA (OTCMKTS:ICAGY) Given Consensus Rating of “Hold” by Brokerages

International Consolidated Airlines Group SA (OTCMKTS:ICAGY) has earned a consensus rating of “Hold” from the six brokerages that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company.

Several research firms recently commented on ICAGY. Morgan Stanley assumed coverage on International Consolidated Airlines Group in a research report on Wednesday, October 15th. They issued an “overweight” rating on the stock. The Goldman Sachs Group upgraded International Consolidated Airlines Group from a “neutral” rating to a “buy” rating in a research report on Wednesday, October 22nd. Finally, Zacks Research lowered International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 12th.

International Consolidated Airlines Group Trading Up 1.3%

Shares of OTCMKTS:ICAGY opened at $10.75 on Friday. The company has a quick ratio of 0.65, a current ratio of 0.68 and a debt-to-equity ratio of 1.99. The company’s 50-day moving average price is $10.48 and its 200 day moving average price is $10.07. The company has a market cap of $24.56 billion, a PE ratio of 3.26, a P/E/G ratio of 0.62 and a beta of 1.65. International Consolidated Airlines Group has a fifty-two week low of $5.60 and a fifty-two week high of $11.22.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last announced its quarterly earnings results on Friday, November 7th. The transportation company reported $1.77 EPS for the quarter, beating the consensus estimate of $0.68 by $1.09. The company had revenue of $10.90 billion for the quarter, compared to analyst estimates of $10.95 billion. International Consolidated Airlines Group had a net margin of 9.52% and a return on equity of 112.24%. Sell-side 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.