In the last trading session, 9.5 million American Airlines Group Inc (NASDAQ:AAL) shares changed hands as the company’s beta touched 1.42. With the company’s per share price at $14.52 changed hands at -$0.12 or -0.82% during last session, the market valuation stood at $9.46B. AAL’s last price was a discount, traded about -11.23% off its 52-week high of $16.15. The share price had its 52-week low at $9.07, which suggests the last value was 37.53% up since then. When we look at American Airlines Group Inc’s average trading volume, we note the 10-day average is 21.04 million shares, with the 3-month average coming to 32.87 million.
Analysts gave the American Airlines Group Inc (AAL) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.50. If we narrow down to specifics, the data shows that 1 out of 13 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 6 recommended AAL as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
American Airlines Group Inc (NASDAQ:AAL) trade information
Instantly AAL was in red as seen at the end of in last trading. With action 2.25%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 5.68%, with the 5-day performance at 2.25% in the green. However, in the 30-day time frame, American Airlines Group Inc (NASDAQ:AAL) is 4.16% up. Looking at the short shares, we see there were 56.94 million shares sold at short interest cover period of 1.85 days.
The consensus price target for the stock as assigned by Wall Street analysts is 17.9, meaning bulls need an upside of 18.88% from its current market value. According to analyst projections, AAL’s forecast low is 9 with 47 as the target high. To hit the forecast high, the stock’s price needs a -223.69% plunge from its current level, while the stock would need to tank 38.02% for it to hit the projected low.
American Airlines Group Inc (AAL) estimates and forecasts
Data shows that the American Airlines Group Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 26.26% over the past 6 months, a -43.77% in annual growth rate that is considerably lower than the industry average of -18.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -17.73%. The 2024 estimates are for American Airlines Group Inc earnings to decrease by -44.63%, but the outlook for the next 5-year period is at -5.33% per year.
AAL Dividends
American Airlines Group Inc is expected to release its next quarterly earnings report in January. During the past 5 years, the average dividend yield was 1.27 per year.
American Airlines Group Inc (NASDAQ:AAL)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.25% of American Airlines Group Inc shares while 57.09% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 57.81%. There are 57.09% institutions holding the American Airlines Group Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 11.2935% of the shares, roughly 74.07 million AAL shares worth $839.19 million.
PRIMECAP MANAGEMENT CO/CA/ holds the second largest percentage of outstanding shares, with 8.673% or 56.88 million shares worth $644.47 million as of 2024-06-30.
