An in-depth look at the American Airlines Group Inc. (AAL) stock – Marketing Sentinel

An in-depth look at the American Airlines Group Inc. (AAL) stock

American Airlines Group Inc. (NASDAQ:AAL) has a beta value of 1.83 and has seen 21,131,807 shares traded in the recent trading session. The company, currently valued at $13.54 Billion, closed the recent trade at $20.99 per share which meant it lost -$0.96 on the day or -4.37% during that session. The AAL stock price is -24.3% off its 52-week high price of $26.09 and 60.7% above the 52-week low of $8.25. If we look at the company’s 10-day average daily trading volume, we find that it stood at 31.2 Million shares traded. The 3-month trading volume is 42.43 Million shares.

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The consensus among analysts is that American Airlines Group Inc. (AAL) is an Underweight stock at the moment, with a recommendation rating of 3.4. 9 analysts rate the stock as a Sell, while 1 rate it as Overweight. 9 out of 21 have rated it as a Hold, with 1 advising it as a Buy. 1 have rated the stock as Underweight. The expected earnings per share for the stock is -$2.46.

American Airlines Group Inc. (NASDAQ:AAL) trade information

Despite being -4.37% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Thursday, Apr 29 when the AAL stock price touched $22.15- or saw a rise of 4.99%. Year-to-date, American Airlines Group Inc. shares have moved 33.45%, while the 5-day performance has seen it change -3.29%. Over the past 30 days, the shares of American Airlines Group Inc. (NASDAQ:AAL) have changed -11.8%. Short interest in the company has seen 86.31 Million shares shorted with days to cover at 2.03.

Wall Street analysts have a consensus price target for the stock at $17.53, which means that the shares’ value could jump -16.48% from the levels at last check today. The projected low price target is $5 while the price target rests at a high of $28. In that case, then, we find that the latest price level in today’s session is +33.4% off the targeted high while a plunge would see the stock lose -76.18% from the levels at last check today.

American Airlines Group Inc. (AAL) estimates and forecasts

Figures show that American Airlines Group Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained +96.68% over the past 6 months, with this year growth rate of 57.93%, compared to 39.8% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 68.5% and 78.9% for the next quarter. Revenue growth from the last financial year stood is estimated to be +61.6%.

10 analysts offering their estimates for the company have set an average revenue estimate of $7.1 Billion for the current quarter. 10 have an estimated revenue figure of $8.42 Billion for the next quarter concluding in September 01, 2021. Year-ago sales stood $1.62 Billion and $2.76 Billion respectively for this quarter and the next, and analysts expect sales will grow by 337.5% for the current quarter and 205.1% 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 -29.6% over the past 5 years. Earnings growth for 2021 is a modest -583.8%.


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American Airlines Group Inc. (NASDAQ:AAL)’s Major holders

Insiders own 1.04% of the company shares, while shares held by institutions stand at 52.79% with a share float percentage of 53.34%. Investors are also buoyed by the number of investors in a company, with American Airlines Group Inc. having a total of 737 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 58.2 Million shares worth more than $917.8 Million. As of December 30, 2020, Vanguard Group, Inc. (The) held 9.07% of shares outstanding.

The other major institutional holder is Primecap Management Company, with the holding of over 47.67 Million shares as of December 30, 2020. The firm’s total holdings are worth over $751.69 Million and represent 7.43% of shares outstanding.

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Also the top two Mutual Funds that are holding company’s shares are Vanguard/Primecap Fund and U.S. Global Airline ETF. As of December 30, 2020, the former fund manager holds about 3.7% shares in the company for having 23714313 shares of worth $373.97 Million while later fund manager owns 18.9 Million shares of worth $451.75 Million as of March 30, 2021, which makes it owner of about 2.95% of company’s outstanding stock.

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