In recent trading session, American Airlines Group Inc (NASDAQ:AAL) saw 39.47 million shares changing hands at last check today with its beta currently measuring 1.46. Company’s recent per share price level of $10.69 trading at $0.52 or 5.16% at last check today assigns it a market valuation of $7.02B. That most recent trading price of AAL’s stock is at a discount of -58.09% from its 52-week high price of $16.90 and is indicating a premium of 5.33% from its 52-week low price of $10.12. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 41.22 million shares which gives us an average trading volume of 33.99 million if we extend that period to 3-months.
For American Airlines Group Inc (AAL), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.50. Splitting up the data highlights that, out of 13 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 6 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 1.05 in the current quarter.
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American Airlines Group Inc (NASDAQ:AAL) trade information
Upright in the green today for gaining 5.16%, in the last five days AAL remained trading in the green while hitting it’s week-highest on Thursday, 07/25/24 when the stock touched $10.69 price level, adding 0.83% to its value on the day. American Airlines Group Inc’s shares saw a change of -22.16% in year-to-date performance and have moved 0.71% in past 5-day. American Airlines Group Inc (NASDAQ:AAL) showed a performance of -3.91% in past 30-days. Number of shares sold short was 110.41 million shares which calculate 3.71 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 18 to the stock, which implies a rise of 40.61% to its recent value today. Analysts have been projecting 12 as a low price target for the stock while placing it at a high target of 47. It follows that stock’s current price would drop -12.25% in reaching the projected high whereas dropping to the targeted low would mean a loss of -12.25% for stock’s current value.
American Airlines Group Inc (AAL) estimates and forecasts
Statistics highlight that American Airlines Group Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -23.22% of value to its shares in past 6 months, showing an annual growth rate of -35.09% while that of industry is -18.50. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 3.60% 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 14.36B for the same. And 12 analysts are in estimates of company making revenue of 13.99B in the next quarter. Company posted 14.05B and 13.51B of sales in current and next quarters respectively a year earlier.
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 -17.73% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -30.14% while estimates for its earnings growth in next 5 years are of 45.99%.
AAL Dividends
American Airlines Group Inc is more likely to be releasing its next quarterly report in August 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 1.25% of company’s total shares while institution are holding 59.46 percent of that, with stock having share float percentage of 60.21%. Investors also watch the number of corporate investors in a company very closely, which is 59.46% institutions for American Airlines Group Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at AAL for having 76.18 million shares of worth $1.17 billion. And as of 2024-03-31, it was holding 11.6549 of the company’s outstanding shares.
The second largest institutional holder is PRIMECAP MANAGEMENT CO/CA/, which was holding about 42.33 million shares on 2024-03-31. The number of shares represents firm’s hold over 6.4766 of outstanding shares, having a total worth of $649.8 million.
