This Week’s 2.18% Gain In American Airlines Group Inc (NASDAQ: AAL) Taught Us Something New

American Airlines Group Inc (NASDAQ:AAL)’s traded shares stood at 5.87 million during the latest session, with the company’s beta value hitting 1.43. At the last check today, the stock’s price was $10.31, to imply a decrease of -0.87% or -$0.09 in intraday trading. The AAL share’s 52-week high remains $16.15, putting it -56.64% down since that peak but still an impressive 12.03% since price per share fell to its 52-week low of $9.07. The company has a valuation of $6.77B, with an average of 28.84 million shares in intraday trading volume over the past 10 days and average of 36.84 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for American Airlines Group Inc (AAL), translating to a mean rating of 2.46. Of 13 analyst(s) looking at the stock, 1 analyst(s) give AAL a Sell rating. 0 of those analysts rate the stock as Overweight while 6 advise Hold as 6 recommend it as a Buy.

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American Airlines Group Inc (NASDAQ:AAL) trade information

After registering a -0.87% downside in the latest session, American Airlines Group Inc (AAL) has traded red over the past five days. The 5-day price performance for the stock is 2.18%, and 1.38% over 30 days. With these gigs, the year-to-date price performance is -24.96%. Short interest in American Airlines Group Inc (NASDAQ:AAL) saw shorts transact 83.17 million shares and set a 2.14 days time to cover.

The extremes give us $12 and $47 for target low and target high price respectively. As such, AAL has been trading -355.87% off suggested target high and -16.39% from its likely low.

American Airlines Group Inc (AAL) estimates and forecasts

Looking at statistics comparing American Airlines Group Inc share performance against respective industry, we note that the company has underperformed competitors. American Airlines Group Inc (AAL) shares are -32.35% down over the last 6 months, with its year-to-date growth rate lower than industry average at -63.40% against -16.50%.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -17.73% for the past 5-year period. While 2024 is set for a -57.71% return in earnings, projections for the next 5 years are at 42.40% annually.

AAL Dividends

American Airlines Group Inc has its next earnings report out on 2024-Jul-25. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. The company’s average dividend yield trailing the past 5-year period is 1.27%.

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

American Airlines Group Inc insiders hold 1.27% of total outstanding shares, with institutional holders owning 62.39% of the shares at 63.20% float percentage. In total, 62.39% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 74.07 million shares (or 11.2935% of shares), all amounting to roughly $839.19 million.

The next major institution holding the largest number of shares is PRIMECAP MANAGEMENT CO/CA/ with 56.88 million shares, or about 8.673% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $644.47 million.

We also have Vanguard Total Stock Market Index Fund and Vanguard/Primecap Fund as the top two Mutual Funds with the largest holdings of the American Airlines Group Inc (AAL) shares. Going by data provided on Mar 31, 2024 , Vanguard Total Stock Market Index Fund holds roughly 20.43 shares. This is just over 3.11% of the total shares, with a market valuation of $210.5 million. Data from the same date shows that the other fund manager holds a little less at 19.94, or 3.04% of the shares, all valued at about 205.45 million.