International Consolidated Airlines Group (OTCMKTS:ICAGY) Releases Quarterly Earnings Results, Beats Estimates By $0.49 EPS

International Consolidated Airlines Group (OTCMKTS:ICAGY) posted its earnings results on Friday. The transportation company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.49, Zacks reports. International Consolidated Airlines Group had a net margin of 9.52% and a return on equity of 112.24%.

International Consolidated Airlines Group Stock Performance

Shares of OTCMKTS:ICAGY traded down $0.75 during trading on Friday, reaching $11.40. The company had a trading volume of 50,839 shares, compared to its average volume of 50,545. International Consolidated Airlines Group has a fifty-two week low of $5.60 and a fifty-two week high of $12.36. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.68 and a quick ratio of 0.65. The stock’s fifty day moving average price is $11.46 and its 200 day moving average price is $10.81. The firm has a market capitalization of $26.02 billion, a price-to-earnings ratio of 3.45, a price-to-earnings-growth ratio of 0.41 and a beta of 1.63.

Analysts Set New Price Targets

Separately, Zacks Research raised 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 issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus 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.