International Consolidated Airlines Group (ICAGY) Expected to Announce Earnings on Monday

International Consolidated Airlines Group (OTCMKTS:ICAGY) will likely be releasing its earnings data on Monday, February 24th. Analysts expect International Consolidated Airlines Group to post earnings of $0.21 per share and revenue of $7.62 billion for the quarter.

International Consolidated Airlines Group Stock Performance

ICAGY opened at $8.14 on Friday. The stock has a market cap of $19.66 billion, a P/E ratio of 2.59, a P/E/G ratio of 0.69 and a beta of 2.17. International Consolidated Airlines Group has a 1 year low of $3.54 and a 1 year high of $9.11. The firm has a fifty day moving average price of $8.00 and a 200 day moving average price of $6.34. The company has a debt-to-equity ratio of 2.71, a current ratio of 0.70 and a quick ratio of 0.67.

Wall Street Analyst Weigh In

ICAGY has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft upgraded International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a research note on Wednesday, December 11th. The Goldman Sachs Group cut International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 10th. Finally, Sanford C. Bernstein cut International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 12th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average 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.