International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY – Get Free Report)’s stock price shot up 1.4% on Monday . The stock traded as high as $4.50 and last traded at $4.45. 55,319 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 69,395 shares. The stock had previously closed at $4.39.
Wall Street Analyst Weigh In
Several research firms recently issued reports on ICAGY. Morgan Stanley raised shares of International Consolidated Airlines Group from an “underweight” rating to an “overweight” rating in a report on Wednesday. Royal Bank of Canada upgraded shares of International Consolidated Airlines Group from a “sector perform” rating to an “outperform” rating in a research report on Thursday, March 21st.
View Our Latest Report on International Consolidated Airlines Group
International Consolidated Airlines Group Stock Performance
International Consolidated Airlines Group (OTCMKTS:ICAGY – Get Free Report) last announced its quarterly earnings data on Friday, May 10th. The transportation company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.06). The business had revenue of $6.98 billion for the quarter, compared to analyst estimates of $6.95 billion. International Consolidated Airlines Group had a return on equity of 197.29% and a net margin of 9.14%. Equities analysts predict that International Consolidated Airlines Group S.A. will post 0.95 EPS 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.
Further Reading
- Five stocks we like better than International Consolidated Airlines Group
- 3 Healthcare Dividend Stocks to Buy
- This Stock’s Price Shifts Into High Gear With Analyst Upgrades
- What Are the U.K. Market Holidays? How to Invest and Trade
- AI Boosts Glass Tech Leader Stock: Shares Up 75% and More to Come
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- AI Partnership Boosts This Top Tech Stock: Ready for More Gains?
Receive News & Ratings for International Consolidated Airlines Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Consolidated Airlines Group and related companies with MarketBeat.com's FREE daily email newsletter.