International Consolidated Airlines Group (OTCMKTS:ICAGY) Posts Earnings Results, Beats Expectations By $0.07 EPS

International Consolidated Airlines Group (OTCMKTS:ICAGY) released its quarterly earnings data on Friday. The transportation company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.07, Zacks reports. International Consolidated Airlines Group had a net margin of 9.12% and a return on equity of 138.31%.

International Consolidated Airlines Group Stock Performance

International Consolidated Airlines Group stock traded up $0.26 during mid-day trading on Friday, reaching $8.47. 69,752 shares of the company were exchanged, compared to its average volume of 142,483. International Consolidated Airlines Group has a twelve month low of $3.54 and a twelve month high of $9.11. The company has a debt-to-equity ratio of 2.71, a quick ratio of 0.67 and a current ratio of 0.70. The firm’s 50-day simple moving average is $8.06 and its two-hundred day simple moving average is $6.46. The firm has a market cap of $20.46 billion, a PE ratio of 2.70, a price-to-earnings-growth ratio of 0.69 and a beta of 2.17.

Analyst Ratings Changes

Several research firms have weighed in on ICAGY. Deutsche Bank Aktiengesellschaft raised International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a research report on Wednesday, December 11th. Sanford C. Bernstein downgraded International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 12th. Finally, The Goldman Sachs Group lowered shares of International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 10th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, International Consolidated Airlines Group has a consensus rating of “Moderate Buy”.

About International Consolidated Airlines Group

International Consolidated Airlines Group SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, the United States, and rest of the world. It also provides aircraft leasing, aircraft maintenance, tour operation, air freight operations, call centre, ground handling, trustee, retail, IT, finance, procurement, storage and custody, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty programmes.