In recent trading session, American Airlines Group Inc. (NASDAQ:AAL) saw 13.96 million shares changing hands at last check today with its beta currently measuring 1.64. Company’s recent per share price level of $18.87 trading at -$0.47 or -2.43% at last check today assigns it a market valuation of $12.06B. That most recent trading price of AAL’s stock is at a discount of -38.26% from its 52-week high price of $26.09 and is indicating a premium of 20.4% from its 52-week low price of $15.02. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 33.38 million shares which gives us an average trading volume of 35.18 million if we extend that period to 3-months.
For American Airlines Group Inc. (AAL), analysts’ consensus is at an average recommendation of a Hold while assigning it a mean rating of 3.10. Splitting up the data highlights that, out of 23 analysts covering the stock, 5 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 12 suggested the stock as a Hold whereas 4 see the stock as a Buy. 1 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$1.79 in the current quarter.
American Airlines Group Inc. (NASDAQ:AAL) trade information
Upright in the red during last session for losing -2.43%, in the last five days AAL remained trading in the green while hitting it’s week-highest on Thursday, 01/13/22 when the stock touched $18.87 price level, adding 4.5% to its value on the day. American Airlines Group Inc.’s shares saw a change of 7.68% in year-to-date performance and have moved 4.15% in past 5-day. American Airlines Group Inc. (NASDAQ:AAL) showed a performance of 14.37% in past 30-days. Number of shares sold short was 102.47 million shares which calculate 2.39 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $19.05 to the stock, which implies a rise of 0.94% to its recent value today. Analysts have been projecting $5.00 as a low price target for the stock while placing it at a high target of $28.00. It follows that stock’s current price would drop -48.38% in reaching the projected high whereas dropping to the targeted low would mean a gain of 73.5% for stock’s current value.
American Airlines Group Inc. (AAL) estimates and forecasts
Statistics highlight that American Airlines Group Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -2.27% of value to its shares in past 6 months, showing an annual growth rate of 56.31% while that of industry is 39.00. Apart from that, the company came raising its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to increase by 53.60% in the current quarter and calculating 68.50% increase in the next quarter. This year revenue growth is estimated to rise 70.30% from the last financial year’s standing.
12 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $9.09 billion for the same. And 5 analysts are in estimates of company making revenue of $9.35 billion in the next quarter that will end on Mar 2022. Company posted $4.03 billion and $4.04 billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 125.60% while estimating it to be 131.50% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -29.60% during past 5 years. In 2022, company’s earnings growth rate is likely to be around -583.80% while estimates for its earnings growth in next 5 years are of 16.09%.
American Airlines Group Inc. is more likely to be releasing its next quarterly report between January 26 and January 31 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
American Airlines Group Inc. (NASDAQ:AAL)’s Major holders
Insiders are in possession of 0.98% of company’s total shares while institution are holding 56.31 percent of that, with stock having share float percentage of 56.87%. Investors also watch the number of corporate investors in a company very closely, which is 56.31% institutions for American Airlines Group Inc. that are currently holding shares of the company. Vanguard Group, Inc. (The) is the top institutional holder at AAL for having 67.71 million shares of worth $1.39 billion. And as of Sep 29, 2021, it was holding 10.46% of the company’s outstanding shares.
The second largest institutional holder is Primecap Management Company, which was holding about 42.6 million shares on Sep 29, 2021. The number of shares represents firm’s hold over 6.58% of outstanding shares, having a total worth of $874.13 million.
On the other hand, Vanguard/Primecap Fund and ETF Series Solutions-U.S. Global Jets ETF are the top two Mutual Funds which own company’s shares. As of Sep 29, 2021, the former fund manager was holding 21.21 million shares of worth $435.24 million or 3.28% of the total outstanding shares. The later fund manager was in possession of 18.3 million shares on Sep 29, 2021, making its stake of worth around $375.53 million in the company or a holder of 2.83% of company’s stock.