International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Short Interest Update

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 500 shares, a decrease of 83.3% from the February 28th total of 3,000 shares. Based on an average daily trading volume, of 429,900 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Analysts Set New Price Targets

A number of analysts have commented on the company. Deutsche Bank Aktiengesellschaft raised International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a report on Wednesday, December 11th. The Goldman Sachs Group downgraded International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a report on Monday, February 10th. Sanford C. Bernstein cut shares of International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 12th. Finally, Barclays downgraded shares of International Consolidated Airlines Group from a “strong-buy” rating to a “strong sell” rating in a report on Wednesday, March 12th. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, International Consolidated Airlines Group has an average rating of “Hold”.

International Consolidated Airlines Group Stock Performance

International Consolidated Airlines Group stock traded down $0.10 during mid-day trading on Thursday, reaching $7.56. 28,114 shares of the stock traded hands, compared to its average volume of 150,732. International Consolidated Airlines Group has a 12-month low of $3.86 and a 12-month high of $9.11. The business’s 50-day moving average is $8.13 and its 200-day moving average is $6.89. The company has a debt-to-equity ratio of 2.71, a current ratio of 0.70 and a quick ratio of 0.67. The stock has a market capitalization of $18.17 billion, a PE ratio of 2.41, a price-to-earnings-growth ratio of 0.69 and a beta of 2.16.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last released its quarterly earnings results on Friday, February 28th. The transportation company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.21 by $0.07. The firm had revenue of $8.58 billion during the quarter, compared to analyst estimates of $7.62 billion. International Consolidated Airlines Group had a net margin of 9.12% and a return on equity of 138.31%. As a group, sell-side analysts predict that International Consolidated Airlines Group will post 1.07 EPS for the current fiscal year.

International Consolidated Airlines Group Company Profile

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.