During the last session, American Airlines Group Inc (NASDAQ:AAL)’s traded shares were 58.25 million, with the beta value of the company hitting 1.57. At the end of the trading day, the stock’s price was $14.13, reflecting an intraday gain of 1.51% or $0.21. The 52-week high for the AAL share is $19.08, that puts it down -35.03 from that peak though still a striking 23.14% gain since the share price plummeted to a 52-week low of $10.86. The company’s market capitalization is $9.27B, and the average trade volume was 31.79 million shares over the past three months.
American Airlines Group Inc (NASDAQ:AAL) trade information
American Airlines Group Inc (AAL) registered a 1.51% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.51% in intraday trading to $14.13, hitting a weekly high. The stock’s 5-day price performance is 0.78%, and it has moved by -5.29% in 30 days. Based on these gigs, the overall price performance for the year is 10.05%.
American Airlines Group Inc (AAL) estimates and forecasts
Statistics show that American Airlines Group Inc has underperformed its competitors in share price, compared to the industry in which it operates. American Airlines Group Inc (AAL) shares have gone up 26.05% during the last six months, with a year-to-date growth rate less than the industry average at -7.55% against -5.50. In the rating firms’ projections, revenue will increase 4.80% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 12.6B as predicted by 11 analyst(s). Meanwhile, a consensus of 11 analyst(s) estimates revenue growth to 14.62B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 12.2B and 14.05B respectively. In this case, analysts expect current quarter sales to grow by 3.30% and then jump by 4.00% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -17.73%. While earnings are projected to return -10.16% in 2024, the next five years will return 46.74% per annum.
AAL Dividends
American Airlines Group Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
