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Despite Fast-paced Momentum, International Consolidated Airlines Group (ICAGY) Is Still a Bargain Stock
ZACKS· 2024-12-26 14:51
Core Viewpoint - The article emphasizes the importance of identifying fast-moving stocks that are attractively priced, particularly highlighting International Consolidated Airlines Group SA (ICAGY) as a strong candidate for investment due to its recent price momentum and favorable valuation metrics [1][2][3]. Group 1: Stock Performance - ICAGY has shown a four-week price change of 18.1%, indicating growing investor interest [3]. - Over the past 12 weeks, ICAGY's stock has gained 53.2%, demonstrating its ability to deliver positive returns over a longer time frame [4]. - The stock has a beta of 2.23, suggesting it moves 123% higher than the market in either direction, indicating fast-paced momentum [4]. Group 2: Investment Metrics - ICAGY has a Momentum Score of B, suggesting it is an opportune time to invest in the stock [5]. - The stock has earned a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimate revisions, which typically attracts more investors [6]. - ICAGY is trading at a Price-to-Sales ratio of 0.55, meaning investors pay only 55 cents for each dollar of sales, indicating a reasonable valuation [6]. Group 3: Additional Opportunities - Besides ICAGY, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting a broader opportunity for investors [7]. - The article mentions over 45 Zacks Premium Screens available for investors to find winning stock picks based on their personal investing style [8].
Are Transportation Stocks Lagging International Consolidated Airlines Group (ICAGY) This Year?
ZACKS· 2024-12-13 15:41
Group 1 - International Consolidated Airlines Group SA (ICAGY) is currently outperforming its peers in the Transportation sector with a year-to-date return of 92.5% compared to the sector average of 0.8% [4] - The Zacks Consensus Estimate for ICAGY's full-year earnings has increased by 1.6% over the past three months, indicating improved analyst sentiment and earnings outlook [4] - ICAGY holds a Zacks Rank of 1 (Strong Buy), suggesting it has favorable characteristics to beat the market in the near term [3] Group 2 - ICAGY belongs to the Transportation - Airline industry, which consists of 31 stocks and currently ranks 27 in the Zacks Industry Rank, outperforming the industry's average gain of 30.8% this year [6] - Another notable stock in the Transportation sector is ZIM Integrated Shipping Services (ZIM), which has achieved a year-to-date return of 100.6% and has a Zacks Rank of 2 (Buy) [5] - The Transportation - Shipping industry, to which ZIM belongs, is ranked 219 and has seen a gain of 10.9% this year [7]
International Consolidated Airlines Group (ICAGY) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2024-11-29 14:50
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 Characteristics - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential [2] - Investing in bargain stocks with recent price momentum may be a safer approach [3] Group 2: International Consolidated Airlines Group SA (ICAGY) Analysis - ICAGY has shown a price increase of 20.4% over the past four weeks, indicating growing investor interest [4] - The stock gained 30.7% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [5] - ICAGY has a beta of 2.19, suggesting it moves 119% higher than the market in either direction [5] - The stock has a Momentum Score of A, indicating a favorable time to invest [6] - ICAGY has a Zacks Rank 1 (Strong Buy) due to upward trends in earnings estimate revisions, which attract more investors [7] - The stock is trading at a Price-to-Sales ratio of 0.19, indicating it is relatively cheap at 19 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides ICAGY, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles [9]
What Makes International Consolidated Airlines Group SA (ICAGY) a Strong Momentum Stock: Buy Now?
ZACKS· 2024-11-19 18:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...
International Consolidated Airlines Group (ICAGY) Shows Fast-paced Momentum But Is Still a Bargain Stock
ZACKS· 2024-11-13 14:50
Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach, aiming for quicker profits [1] Group 1: Momentum Investing Characteristics - Fast-moving trending stocks can be difficult to enter at the right time, as they may lose momentum if future growth does not justify their high valuations [2] - A safer strategy involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Case Study - International Consolidated Airlines Group SA (ICAGY) - ICAGY has shown a price increase of 13.6% over the past four weeks, indicating growing investor interest [4] - The stock has gained 36% over the past 12 weeks, with a beta of 2.19, suggesting it moves 119% higher than the market [5] - ICAGY has a Momentum Score of A, indicating a favorable entry point for investors [6] Group 3: Earnings Estimates and Valuation - An upward trend in earnings estimate revisions has contributed to ICAGY earning a Zacks Rank 1 (Strong Buy), as analysts raising estimates attract more investor interest [7] - ICAGY is trading at a Price-to-Sales ratio of 0.17, meaning investors pay only 17 cents for each dollar of sales, indicating a reasonable valuation [7] Group 4: Additional Opportunities - Besides ICAGY, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - Various Zacks Premium Screens are available to help identify potential winning stock picks based on different investing styles [9]
IAG(ICAGY) - 2024 Q3 - Earnings Call Transcript
2024-11-08 20:37
International Consolidated Airlines Group S.A. (OTCPK:ICAGY) Q3 2024 Earnings Conference Call November 8, 2024 3:00 AM ET Company Participants Luis Gallego - Chief Executive Officer Nicholas Cadbury - Chief Financial Officer Lynne Embleton - Chief Executive Officer, Aer Lingus Sean Doyle - Chairman & Chief Executive Officer, British Airways Conference Call Participants Alex Irving - Bernstein Stephen Furlong - Davy Jaime Rowbotham - Deutsche Bank Savi Syth - Raymond James Ruairi Cullinane - RBC Capital Mark ...
IAG(ICAGY) - 2024 Q3 - Earnings Call Presentation
2024-11-08 14:06
NATIONAL 1 Connecting people, businesses and countries 2024 Quarter Three results Disclaimer 2 LEI: 959800TZHQRUSH1ESL13 Forward-looking statements: Certain statements included in this document and any related conference call or webcast (including any related Q&A session) are forward-looking. These statements can be identified by the fact that they do not relate only to historical or current facts. By their nature, they involve risk and uncertainties because they relate to events and depend on circumstances ...
Here Is Why Bargain Hunters Would Love Fast-paced Mover International Consolidated Airlines Group (ICAGY)
ZACKS· 2024-10-24 13:51
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potent ...
ICAGY vs. RYAAY: Which Stock Should Value Investors Buy Now?
ZACKS· 2024-09-23 16:45
Investors interested in Transportation - Airline stocks are likely familiar with International Consolidated Airlines Group SA (ICAGY) and Ryanair (RYAAY) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate ...
Looking for a Fast-paced Momentum Stock at a Bargain? Consider International Consolidated Airlines Group (ICAGY)
ZACKS· 2024-09-13 13:51
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phas ...