International Consolidated Airlines Group (OTCMKTS:ICAGY) Stock Rating Upgraded by Zacks Research

International Consolidated Airlines Group (OTCMKTS:ICAGY) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Monday, Zacks reports.

International Consolidated Airlines Group Stock Performance

ICAGY opened at $12.35 on Monday. The company has a current ratio of 0.77, a quick ratio of 0.73 and a debt-to-equity ratio of 1.38. International Consolidated Airlines Group has a 12-month low of $9.10 and a 12-month high of $13.07. The firm has a 50 day moving average of $11.34 and a two-hundred day moving average of $11.23. The firm has a market capitalization of $26.96 billion, a PE ratio of 4.58, a P/E/G ratio of 1.08 and a beta of 1.83.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last released its quarterly earnings data on Friday, November 6th. The transportation company reported $0.62 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.05). The business had revenue of $10.86 billion during the quarter, compared to analysts’ expectations of $9.47 billion. International Consolidated Airlines Group had a net margin of 8.57% and a return on equity of 55.53%. On average, analysts anticipate that International Consolidated Airlines Group will post 1.36 EPS for the current year.

About International Consolidated Airlines Group

International Consolidated Airlines Group (IAG) is an airline holding company whose principal activities include passenger and cargo air transportation. Its airline brands include British Airways, Iberia, Aer Lingus, Vueling and LEVEL, which serve customers through scheduled flights and related travel services. Formed in 2011 through the merger of British Airways and Iberia, IAG is registered in Spain and has major operations in the United Kingdom, Spain and Ireland. Its airlines connect destinations across Europe and serve routes to regions including North America, Latin America, Africa and Asia.