International Consolidated Airlines Group (OTCMKTS:ICAGY – Get Free Report) is anticipated to post its results before the market opens on Friday, February 27th. Analysts expect International Consolidated Airlines Group to post earnings of $0.33 per share and revenue of $9.6366 billion for the quarter.
International Consolidated Airlines Group Stock Performance
Shares of International Consolidated Airlines Group stock opened at $11.70 on Friday. The business has a 50-day moving average price of $11.38 and a two-hundred day moving average price of $10.74. International Consolidated Airlines Group has a 1-year low of $5.60 and a 1-year high of $12.25. The company has a current ratio of 0.68, a quick ratio of 0.65 and a debt-to-equity ratio of 1.99. The company has a market cap of $26.69 billion, a P/E ratio of 3.54, a PEG ratio of 0.40 and a beta of 1.63.
Analysts Set New Price Targets
Separately, Zacks Research upgraded International Consolidated Airlines Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, International Consolidated Airlines Group currently has an average rating of “Moderate Buy”.
International Consolidated Airlines Group Company Profile
International Consolidated Airlines Group (OTCMKTS:ICAGY) is a Europe-focused airline holding company formed in 2011 through the combination of British Airways and Iberia. The group owns and operates a portfolio of passenger carriers that provide short-haul, long-haul and low-cost services, together with associated aviation businesses. Its operations span international and domestic markets, with extensive networks across Europe, transatlantic routes and links to Latin America and other global destinations.
IAG’s principal airline brands include British Airways, Iberia, Aer Lingus, Vueling and LEVEL.
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