International Consolidated Airlines Group (OTCMKTS:ICAGY – Get Free Report) is expected 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 Up 1.2%
Shares of OTCMKTS:ICAGY opened at $11.74 on Wednesday. The company has a market capitalization of $26.79 billion, a price-to-earnings ratio of 3.56, a PEG ratio of 0.39 and a beta of 1.63. International Consolidated Airlines Group has a 12-month low of $5.60 and a 12-month high of $12.25. The business has a 50-day moving average price of $11.43 and a 200 day moving average price of $10.79. The company has a current ratio of 0.68, a quick ratio of 0.65 and a debt-to-equity ratio of 1.99.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded shares of International Consolidated Airlines Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to 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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