International Consolidated Airlines Group (OTCMKTS:ICAGY) Hits New 52-Week High at $5.05

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $5.05 and last traded at $5.05, with a volume of 101363 shares trading hands. The stock had previously closed at $4.98.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Hsbc Global Res raised International Consolidated Airlines Group to a “hold” rating in a research report on Friday, July 12th. Morgan Stanley raised International Consolidated Airlines Group from an “underweight” rating to an “overweight” rating in a research report on Wednesday, July 10th. Finally, HSBC lowered shares of International Consolidated Airlines Group from a “buy” rating to a “hold” rating in a research report on Friday, July 12th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $230.00.

International Consolidated Airlines Group Stock Up 2.4 %

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 fifty day moving average price of $4.46 and a two-hundred day moving average price of $4.29. The company has a market cap of $5.10 billion, a P/E ratio of 1.68, a price-to-earnings-growth ratio of 1.01 and a beta of 2.20.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last announced its quarterly earnings data on Friday, August 2nd. The transportation company reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.67. International Consolidated Airlines Group had a return on equity of 126.83% and a net margin of 8.63%. The company had revenue of $8.93 billion during the quarter, compared to analyst estimates of $9.03 billion. On average, research analysts expect that International Consolidated Airlines Group S.A. will post 1.04 EPS for the current year.

International Consolidated Airlines Group Dividend Announcement

The firm also recently declared a dividend, which will be paid on Monday, September 16th. Stockholders of record on Friday, September 6th will be given a dividend of $0.0671 per share. The ex-dividend date of this dividend is Friday, September 6th. International Consolidated Airlines Group’s dividend payout ratio (DPR) is presently 1.99%.

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.