During the recent session, American Airlines Group Inc (NASDAQ:AAL)’s traded shares were 6.47 million, with the beta value of the company hitting 1.36. At the last check today, the stock’s price was $16.55, reflecting an intraday loss of -2.65% or -$0.45. The 52-week high for the AAL share is $18.20, that puts it down -9.97 from that peak though still a striking 45.2% gain since the share price plummeted to a 52-week low of $9.07. The company’s market capitalization is $10.87B, and the average intraday trading volume over the past 10 days was 19.35 million shares, and the average trade volume was 27.75 million shares over the past three months.
American Airlines Group Inc (AAL) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.35. AAL has a Sell rating from 1 analyst(s) out of 13 analysts who have looked at this stock. 6 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 6 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.6.
American Airlines Group Inc (NASDAQ:AAL) trade information
American Airlines Group Inc (AAL) registered a -2.65% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.65% in intraday trading to $16.55, hitting a weekly high. The stock’s 5-day price performance is -4.62%, and it has moved by 14.37% in 30 days. Based on these gigs, the overall price performance for the year is 27.79%. The short interest in American Airlines Group Inc (NASDAQ:AAL) is 47.22 million shares and it means that shorts have 1.72 day(s) to cover.
The consensus price target of analysts on Wall Street is $14.25, which implies a decrease of -16.14% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9 and $20 respectively. As a result, AAL is trading at a discount of -20.85% off the target high and 45.62% off the low.
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 49.90% during the last six months, with a year-to-date growth rate less than the industry average at -36.60% against -14.50. In the rating firms’ projections, revenue will increase 2.02% 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 13.32B as predicted by 14 analyst(s). Meanwhile, a consensus of 9 analyst(s) estimates revenue growth to 13.02B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 13.06B and 12.57B respectively. In this case, analysts expect current quarter sales to grow by 2.00% and then jump by 3.61% 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 -36.99% in 2025, the next five years will return -1.25% per annum.
AAL Dividends
American Airlines Group Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. The average dividend yield of the company for the last 5 years is 1.27%.
American Airlines Group Inc (NASDAQ:AAL)’s Major holders
American Airlines Group Inc insiders own 1.24% of total outstanding shares while institutional holders control 56.92%, with the float percentage being 57.64%. VANGUARD GROUP INC is the largest shareholder of the company, while 716.0 institutions own stock in it. As of 2024-06-30, the company held over 74.07 million shares (or 11.2935% of all shares), a total value of $839.19 million in shares.
The next largest institutional holding, with 56.88 million shares, is of PRIMECAP MANAGEMENT CO/CA/’s that is approximately 8.673% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $644.47 million.
Also, the Mutual Funds coming in first place with the largest holdings of American Airlines Group Inc (AAL) shares are Vanguard/Primecap Fund and iShares Core S&P Midcap ETF. Data provided on Sep 30, 2024 indicates that Vanguard/Primecap Fund owns about 26.38 shares. This amounts to just over 4.02 percent of the company’s overall shares, with a $434.02 million market value. The same data shows that the other fund manager holds slightly less at 20.68, or about 3.15% of the stock, which is worth about $340.12 million.
