International Consolidated Airlines Group (OTCMKTS:ICAGY) Reaches New 1-Year High – Still a Buy?

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $7.60 and last traded at $7.54, with a volume of 193769 shares changing hands. The stock had previously closed at $7.45.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft raised shares of International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a research report on Wednesday, December 11th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

International Consolidated Airlines Group Price Performance

The company has a quick ratio of 0.67, a current ratio of 0.70 and a debt-to-equity ratio of 2.71. The stock has a fifty day moving average of $6.01 and a two-hundred day moving average of $5.06. The stock has a market cap of $18.39 billion, a price-to-earnings ratio of 2.37, a price-to-earnings-growth ratio of 0.72 and a beta of 2.23.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last announced its quarterly earnings results on Friday, November 8th. The transportation company reported $1.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $1.05. The business had revenue of $10.25 billion during the quarter, compared to the consensus estimate of $10.21 billion. International Consolidated Airlines Group had a net margin of 9.12% and a return on equity of 138.31%. On average, equities research analysts anticipate that International Consolidated Airlines Group S.A. will post 1.06 earnings per share for the current year.

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.