The consensus among analysts is that American Airlines Group Inc. (AAL) is an Underweight stock at the moment, with a recommendation rating of 3.3. 8 analysts rate the stock as a Sell, while 1 rate it as Overweight. 7 out of 20 have rated it as a Hold, with 3 advising it as a Buy. 1 have rated the stock as Underweight. The expected earnings per share for the stock is -$7.47.
American Airlines Group Inc. (NASDAQ:AAL) trade information
Sporting 7.59% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Jun 23 when the AAL stock price touched $14.29- or saw a rise of 6.79%. Year-to-date, American Airlines Group Inc. shares have moved -53.56%, while the 5-day performance has seen it change -10.72%. Over the past 30 days, the shares of American Airlines Group Inc. (NASDAQ:AAL) have changed 26.86%. Short interest in the company has seen 129.26 Million shares shorted with days to cover at 1.33.
American Airlines Group Inc. (AAL) estimates and forecasts
Figures show that American Airlines Group Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -53.16% over the past 6 months, with this year growth rate of -420%, compared to -34.3% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -510.4% and -422.5% for the next quarter. Revenue growth from the last financial year stood is estimated to be -55.9%.
13 analysts offering their estimates for the company have set an average revenue estimate of $1.35 Billion for the current quarter. 13 have an estimated revenue figure of $3.92 Billion for the next quarter concluding in September 01, 2020. Year-ago sales stood $11.96 Billion and $11.91 Billion respectively for this quarter and the next, and analysts expect sales will grow by -88.7% for the current quarter and -67.1% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -0.7% over the past 5 years. Earnings growth for 2020 is a modest +25.2% while over the next 5 years, the company’s earnings are expected to increase by -9.44%.
American Airlines Group Inc. is expected to release its next earnings report between July 23 and July 27 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.4 at a share yield of 3.23%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 1.19%.
American Airlines Group Inc. (NASDAQ:AAL)’s Major holders
Insiders own 1.16% of the company shares, while shares held by institutions stand at 84.8% with a share float percentage of 85.8%. Investors are also buoyed by the number of investors in a company, with American Airlines Group Inc. having a total of 759 institutions that hold shares in the company. The top two institutional holders are Primecap Management Company with over 64.49 Million shares worth more than $786.17 Million. As of March 30, 2020, Primecap Management Company held 15.25% of shares outstanding.
The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 43.52 Million shares as of March 30, 2020. The firm’s total holdings are worth over $530.57 Million and represent 10.29% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard/Primecap Fund and Vanguard Total Stock Market Index Fund. As of March 30, 2020, the former fund manager holds about 7.09% shares in the company for having 29994413 shares of worth $365.63 Million while later fund manager owns 11.57 Million shares of worth $141.05 Million as of March 30, 2020, which makes it owner of about 2.74% of company’s outstanding stock.