International Consolidated Airlines Group SA (ICAGY) Hits Fresh High: Is There Still Room to Run?

Have you been paying attention to shares of International Consolidated Airlines Group SA (ICAGY)? Shares have been on the move with the stock up 5.5% over the past month. The stock hit a new 52-week high of $11.01 in the previous session. International Consolidated Airlines Group has gained 44.4% since the start of the year compared to the -4.7% gain for the Zacks Transportation sector and the 6% return for the Zacks Transportation - Airline industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on August 1, 2025, International Consolidated Airlines Group reported EPS of $1.29 versus consensus estimate of $0.5 while it missed the consensus revenue estimate by 2.37%.For the current fiscal year, International Consolidated Airlines Group is expected to post earnings of $1.62 per share on $38.55 in revenues. This represents a 31.71% change in EPS on a 10.94% change in revenues. For the next fiscal year, the company is expected to earn $1.7 per share on $39.99 in revenues. This represents a year-over-year change of 4.94% and 3.73%, respectively.Valuation MetricsInternational Consolidated Airlines Group may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.International Consolidated Airlines Group has a Value Score of A. The stock's Growth and Momentum Scores are A and B, respectively, giving the company a VGM Score of A.In terms of its value breakdown, the stock currently trades at 6.7X current fiscal year EPS estimates, which is not in-line with the peer industry average of 10.1X. On a trailing cash flow basis, the stock currently trades at 4.6X versus its peer group's average of 4.6X. Additionally, the stock has a PEG ratio of 0.65. This is good enough to put the company in the top echelon of all stocks we cover from a value perspective, making International Consolidated Airlines Group an interesting choice for value investors.Zacks RankWe also need to look at the Zacks Rank for the stock, as this is even more important than the company's VGM Score. Fortunately, International Consolidated Airlines Group currently has a Zacks Rank of #1 (Strong Buy) thanks to favorable earnings estimate revisions from covering analysts.Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if International Consolidated Airlines Group meets the list of requirements. Thus, it seems as though International Consolidated Airlines Group shares could have potential in the weeks and months to come.Zacks' Research Chief Picks Stock Most Likely to "At Least Double"Our experts have revealed their Top 5 recommendations with money-doubling potential – and Director of Research Sheraz Mian believes one is superior to the others. Of course, all our picks aren’t winners but this one could far surpass earlier recommendations like Hims & Hers Health, which shot up +209%.See Our Top Stock to Double (Plus 4 Runners Up) >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report International Consolidated Airlines Group SA (ICAGY): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks