Icelandair Group (Iceland) Buy Hold or Sell Recommendation
ICEAIR Stock | ISK 1.15 0.02 1.77% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Icelandair Group hf is 'Cautious Hold'. Macroaxis provides Icelandair Group buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ICEAIR positions.
Check out Icelandair Group Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Icelandair and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Icelandair Group hf. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Icelandair |
Execute Icelandair Group Buy or Sell Advice
The Icelandair recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Icelandair Group hf. Macroaxis does not own or have any residual interests in Icelandair Group hf or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Icelandair Group's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
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Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Icelandair Group Trading Alerts and Improvement Suggestions
Icelandair Group generated a negative expected return over the last 90 days | |
Icelandair Group may become a speculative penny stock | |
Icelandair Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
Icelandair Group hf has accumulated 594.67 M in total debt with debt to equity ratio (D/E) of 139.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Icelandair Group has a current ratio of 0.75, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Icelandair Group until it has trouble settling it off, either with new capital or with free cash flow. So, Icelandair Group's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Icelandair Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Icelandair to invest in growth at high rates of return. When we think about Icelandair Group's use of debt, we should always consider it together with cash and equity. | |
The entity reported the revenue of 1.48 B. Net Loss for the year was (76.58 M) with profit before overhead, payroll, taxes, and interest of 437.21 M. |
Icelandair Group current analysts advice
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Icelandair analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Icelandair analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price | 27.30 | |
Target Median Price | 27.30 | |
Target High Price | 27.30 | |
Number Of Analyst Opinions | 1 | |
Target Low Price | 27.30 |
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.
Icelandair Group Returns Distribution Density
The distribution of Icelandair Group's historical returns is an attempt to chart the uncertainty of Icelandair Group's future price movements. The chart of the probability distribution of Icelandair Group daily returns describes the distribution of returns around its average expected value. We use Icelandair Group hf price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Icelandair Group returns is essential to provide solid investment advice for Icelandair Group.
Mean Return | -0.18 | Value At Risk | -3.47 | Potential Upside | 2.52 | Standard Deviation | 1.97 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Icelandair Group historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Icelandair Group Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Icelandair Group or Industrials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Icelandair Group's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Icelandair stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.23 | |
σ | Overall volatility | 1.89 | |
Ir | Information ratio | -0.04 |
Icelandair Group Volatility Alert
Icelandair Group hf exhibits very low volatility with skewness of -0.47 and kurtosis of 0.2. Icelandair Group hf is a potential penny stock. Although Icelandair Group may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Icelandair Group hf. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Icelandair instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Icelandair Group Fundamentals Vs Peers
Comparing Icelandair Group's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Icelandair Group's direct or indirect competition across all of the common fundamentals between Icelandair Group and the related equities. This way, we can detect undervalued stocks with similar characteristics as Icelandair Group or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Icelandair Group's fundamental indicators could also be used in its relative valuation, which is a method of valuing Icelandair Group by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Icelandair Group to competition |
Fundamentals | Icelandair Group | Peer Average |
Return On Equity | -15.53 | -0.31 |
Return On Asset | -2.84 | -0.14 |
Profit Margin | (5.16) % | (1.27) % |
Operating Margin | (5.31) % | (5.51) % |
Current Valuation | 43.22 B | 16.62 B |
Shares Outstanding | 4.81 B | 571.82 M |
Price To Book | 103.86 X | 9.51 X |
Price To Sales | 29.66 X | 11.42 X |
Revenue | 1.48 B | 9.43 B |
Gross Profit | 437.21 M | 27.38 B |
EBITDA | 57.93 M | 3.9 B |
Net Income | (76.58 M) | 570.98 M |
Cash And Equivalents | 289.02 M | 2.7 B |
Cash Per Share | 0.06 X | 5.01 X |
Total Debt | 594.67 M | 5.32 B |
Debt To Equity | 139.60 % | 48.70 % |
Current Ratio | 0.77 X | 2.16 X |
Book Value Per Share | 0.09 X | 1.93 K |
Cash Flow From Operations | 67.38 M | 971.22 M |
Earnings Per Share | (0.02) X | 3.12 X |
Number Of Employees | 4.61 K | 18.84 K |
Beta | 1.21 | -0.15 |
Market Capitalization | 43.99 B | 19.03 B |
Z Score | 43.8 | 8.72 |
Last Dividend Paid | 0.15 |
Icelandair Group Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Icelandair . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Icelandair Group Buy or Sell Advice
When is the right time to buy or sell Icelandair Group hf? Buying financial instruments such as Icelandair Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in Icelandair Stock
Icelandair Group financial ratios help investors to determine whether Icelandair Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Icelandair with respect to the benefits of owning Icelandair Group security.