Have you been paying attention to shares of International Consolidated Airlines Group SA (ICAGY) ? Shares have been on the move with the stock up 5.8% over the past month. The stock hit a new 52-week high of $10.67 in the previous session. International Consolidated Airlines Group has gained 40.8% since the start of the year compared to the -2% gain for the Zacks Transportation sector and the 12.3% return for the Zacks Transportation - Airline industry.What's Driving the Outperformance?The stock has a great ...

Buy-side hedge professionals conducting fundamental, income oriented, long term analysis across sectors globally in developed markets. Please shoot us a message or leave a comment to discuss ideas.DISCLOSURE: All of our articles are a matter of opinion, informed as they might be, and must be treated as such. We take no responsibility for your investments but wish you best of luck.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to ...

International Consolidated Airlines Group SA (ICAGY) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for ...

The consensus estimate for Grupo Aeroportuario del Centro Norte's current year EPS has increased 5.3% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy). Breaking things down more, International Consolidated Airlines Group SA is a member of the Transportation - Airline industry, which includes 25 individual companies and currently sits at #168 in the Zacks Industry Rank. Stocks in this group have gained about 5.6% so far this year, so ICAGY is performing better this group in te ...

Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential [1] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, identified through the Zacks Momentum Style Score [2] Group 2: International Consolidated Airlines Group SA (ICAGY) - ICAGY has shown a four-week price change of 13%, indicating growing investor interest [3] - Over the past 12 weeks, ICAGY's stock has gained 41.5%, demonstrating its ability to deliver positive returns over a longer timeframe [4] - The stock has a beta of 2.12, suggesting it moves 112% higher than the market in either direction, indicating fast-paced momentum [4] - ICAGY has a Momentum Score of B, suggesting it is an opportune time to invest [5] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [6] - ICAGY is trading at a Price-to-Sales ratio of 0.66, indicating it is reasonably valued at 66 cents for each dollar of sales [6] Group 3: Additional Investment Opportunities - Besides ICAGY, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [7] - Zacks offers over 45 Premium Screens tailored to different investing styles, aiding in stock selection [8]

Group 1 - The article discusses the analysis of the passenger airline market over the last three months, focusing on trends and statistics provided by IATA to identify potential investment opportunities in airline stocks [1] - The analysis emphasizes the importance of financial modeling and competitive financial analysis in determining target prices and ratings for airline stocks, considering factors such as risk and market fluctuations [1] - The author regularly reviews airline performance based on IATA reports, tracking efficiency through passenger and cargo trends alongside financial reports [1] Group 2 - The author holds a beneficial long position in the shares of ICAGY, indicating a positive outlook on this particular airline stock [2] - The article expresses the author's personal opinions and insights without any external compensation, ensuring an independent analysis of the airline market [2]

Group 1: Company Performance - International Consolidated Airlines Group SA (ICAGY) has seen a stock increase of 17% over the past month, reaching a new 52-week high of $10 [1] - The company has gained 31.6% since the start of the year, outperforming the Zacks Transportation sector, which declined by 2.4%, and the Zacks Transportation - Airline industry, which returned 2.4% [1] - The stock has consistently beaten earnings estimates, reporting EPS of $0.05 against a consensus estimate of -$0.01 in its last earnings report [2] Group 2: Earnings and Revenue Projections - For the current fiscal year, ICAGY is expected to post earnings of $1.33 per share on revenues of $38.54 billion, reflecting an 8.13% change in EPS and a 10.92% change in revenues [3] - For the next fiscal year, the company is projected to earn $1.43 per share on revenues of $40.13 billion, indicating year-over-year changes of 7.52% and 4.12%, respectively [3] Group 3: Valuation Metrics - ICAGY trades at 7.5X current fiscal year EPS estimates, below the peer industry average of 10.4X, and at 4.2X trailing cash flow compared to the peer group's average of 4.5X [7] - The stock has a PEG ratio of 0.89, positioning it favorably among value investors [7] Group 4: Zacks Rank and Style Scores - ICAGY holds a Zacks Rank of 2 (Buy) due to a solid earnings estimate revision trend [8] - The company has a Value Score of A, a Growth Score of D, and a Momentum Score of C, resulting in a VGM Score of B [6] Group 5: Industry Comparison - SkyWest, Inc. (SKYW) is a notable peer with a Zacks Rank of 2 (Buy) and strong earnings performance, expected to post earnings of $9.36 per share on revenues of $3.91 billion [10][11] - The Transportation - Airline industry is positioned in the top 35% of all industries, suggesting favorable conditions for both ICAGY and SKYW [12]

Company Overview - Grupo Aeroportuario del Sureste (ASR) is part of the Transportation group, which includes 122 companies and is currently ranked 4 in the Zacks Sector Rank [2] - ASR has a Zacks Rank of 1 (Strong Buy), indicating a positive earnings outlook [3] Performance Metrics - Over the past 90 days, the Zacks Consensus Estimate for ASR's full-year earnings has increased by 4%, reflecting improved analyst sentiment [4] - ASR has gained approximately 21.8% year-to-date, outperforming the average loss of 1.6% in the Transportation group [4] - In the Transportation - Services industry, which includes 23 companies, ASR is performing better with year-to-date returns compared to the industry's average gain of 0.5% [6] Comparative Analysis - Another outperforming stock in the Transportation sector is International Consolidated Airlines Group SA (ICAGY), which has returned 32.2% year-to-date and has a Zacks Rank of 2 (Buy) [5] - The Transportation - Airline industry, which includes ICAGY, is currently ranked 78 and has seen a gain of 4.5% this year [7]

Core Viewpoint - International Consolidated Airlines Group S.A. (IAG) is undervalued in the U.S. investing circle, likely due to its lack of recognition among American investors [1] Company Overview - IAG is an OTC-traded European airline group that owns several well-known airlines [1] Investment Potential - The undervaluation presents a potential investment opportunity for investors who are willing to explore lesser-known stocks [1]

Core Viewpoint - International Airlines Group (IAG) has placed an order for 53 long-haul aircraft to meet the mid-term needs of its fleet, including 21 Airbus A330-900neo and 32 Boeing 787-10, with deliveries scheduled between 2028 and 2033 [1] Group 1 - The order consists of 53 long-haul aircraft [1] - The breakdown of the order includes 21 Airbus A330-900neo and 32 Boeing 787-10 [1] - Deliveries of the aircraft are expected to occur from 2028 to 2033 [1]