Aviation News International – Shares of International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY – Get Free Report) traded down 0.8% during mid-day trading on Friday . The stock traded as low as $4.30 and last traded at $4.33. 26,037 shares traded hands during trading, a decline of 68% from the average session volume of 82,588 shares. The stock had previously closed at $4.37.
Several equities analysts have issued reports on the company. Morgan Stanley lowered International Consolidated Airlines Group from an “equal weight” rating to an “underweight” rating in a report on Tuesday, January 30th. JPMorgan Chase & Co. upgraded shares of International Consolidated Airlines Group from an “underweight” rating to an “overweight” rating in a research note on Wednesday, March 6th. Finally, Royal Bank of Canada upgraded shares of International Consolidated Airlines Group from a “sector perform” rating to an “outperform” rating in a research note on Thursday, March 21st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $213.33.
International Consolidated Airlines Group Price Performance
The firm has a market cap of $4.26 billion, a price-to-earnings ratio of 1.48, a P/E/G ratio of 0.93 and a beta of 2.25. The firm’s 50 day moving average price is $4.04 and its two-hundred day moving average price is $3.84.
International Consolidated Airlines Group (OTCMKTS:ICAGY – Get Free Report) last announced its quarterly earnings data on Sunday, February 25th. The transportation company reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.43. The firm had revenue of $7.78 billion during the quarter, compared to the consensus estimate of $7.76 billion. International Consolidated Airlines Group had a net margin of 9.05% and a return on equity of 380.77%. On average, analysts anticipate that International Consolidated Airlines Group S.A. will post 0.93 earnings per share for the current year.
