International Consolidated Airlines Group (OTCMKTS:ICAGY) Hits New 1-Year High - Here's Why

International Consolidated Airlines Group SA (OTCMKTS:ICAGY - Get Free Report)'s share price reached a new 52-week high on Wednesday . The company traded as high as $9.43 and last traded at $9.36, with a volume of 42364 shares. The stock had previously closed at $9.30.Wall Street Analyst Weigh InA number of analysts recently weighed in on ICAGY shares. Barclays lowered shares of International Consolidated Airlines Group from a "strong-buy" rating to a "strong sell" rating in a report on Wednesday, March 12th. Sanford C. Bernstein raised shares of International Consolidated Airlines Group from a "market perform" rating to an "outperform" rating in a report on Thursday, June 26th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold".Check Out Our Latest Stock Report on ICAGYInternational Consolidated Airlines Group Stock Up 0.6%The stock's fifty day moving average price is $8.40 and its 200 day moving average price is $7.90. The stock has a market cap of $21.94 billion, a P/E ratio of 3.30, a price-to-earnings-growth ratio of 0.93 and a beta of 2.12. The company has a current ratio of 0.78, a quick ratio of 0.75 and a debt-to-equity ratio of 2.25. International Consolidated Airlines Group (OTCMKTS:ICAGY - Get Free Report) last issued its quarterly earnings results on Friday, May 9th. The transportation company reported $0.05 EPS for the quarter, topping analysts' consensus estimates of ($0.01) by $0.06. The firm had revenue of $7.41 billion for the quarter, compared to analyst estimates of $6.85 billion. International Consolidated Airlines Group had a net margin of 8.98% and a return on equity of 115.72%. As a group, research analysts forecast that International Consolidated Airlines Group SA will post 1.07 earnings per share for the current fiscal year. About International Consolidated Airlines Group (Get Free Report)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.See AlsoFive stocks we like better than International Consolidated Airlines GroupStock Ratings and Recommendations: Understanding Analyst RatingsToast Stock: A Fast-Growing Mid-Cap Eyeing Further UpsideHow to Invest in Small Cap Stocks Breakout Alert: Disney Stock Hits Multi-Year HighBasic Materials Stocks InvestingForget IBM: Accenture’s AI Momentum Is Your Next BuyThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in International Consolidated Airlines Group Right Now?Before you consider International Consolidated Airlines Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and International Consolidated Airlines Group wasn't on the list.While International Consolidated Airlines Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here