I’m not sorry for punishment International Group of Consolidated Airlines (LSE: IAG) The price of shares has fallen over the past year. How else can I describe the last performance?

After grounding during the pandemic, the shares in British Airways took off last year, doubling the value.

This year they achieved turbulence when Donald Trump released his global tariff war due to the exposure of the group to a transatlantic journey. Last year, the Atlantic heaven looked, well, blue-rhy Clear. Now they look restless when investors are wondering what will threaten Trump.

Easter price

However, the shares increased by 20% in the last month, because the rays of optimism filter, and I am excited because I used a recent decline. I already have 27% for the purchase, but I’m not looking for a quick win here. As always at a fool, we prefer to measure success in the years and decades, not weeks.

The international consolidated price of Airlines is a strange thing. During the year there is a bumper by 85% and 153% in three years. However, everyone who looked at the price-profit ratio would have assumed that they fell on similar amounts, because they are still trading at a price valuation of about 6.8 times earnings.

I would expect that from stocks that would break, not gliding. But then air travel is a volatile sector because it is susceptible to shocks from all sides. Bad weather – economical or meteorological – can shed the best arranged plans from the course. Everything from the rising unstable fuel prices to war, pandemia and natural disasters can send revenues to the tail.

Growth, dividends and purchase

Some built -in caution is natural. We do not know what the world will throw on us, but there are sincere opportunities that the airlines will catch it.

In February, the group reported an escalate in revenues throughout the year 2024 by 9%, driven by what they call “A leading network on the market, strong brands and operational concentration”.

Operational profit before unique items increased by 26.7% to EUR 4.44 billion, while free cash flows were impressive EUR 3.56 billion. And it was after investing EUR 2.8 billion in business.

The international group of consolidated airlines still has a net debt of EUR 7.5 billion, a pandemic heritage. Dividend performance is a compact 2.38%, but it is expected that this year it will escalate to 2.86% and 3.28% in 2026. The Council also plans to turn to the surplus of capital during the year, through the purchase of shares.

25 analysts setting annual stock price forecasts produce a median of just over 382 pence. If it is correct, it is a solid escalate by about 19.8% compared to today’s 319 pence. 10,000 GBP will change in 11,980 GBP, i.e. 12 266 GBP, including 2.86% of profits.

The forecasts are not thoroughly guaranteed, but I would be satisfied with it.

Of the 26 analysts giving annual ratings of impressive shares, 18 call it a sturdy purchase, and only one says sales.

Of course, a tweet with Trump is enough to knock down the international group of consolidated airline from the course, while recession in the USA or other unpleasant belts would cause pain. Like a shock escalate in oil prices. I remain bullish and think that the value of the action is worth. That’s why I bought it.