In today’s recent session, 4.59 million shares of the American Airlines Group Inc (NASDAQ:AAL) have been traded, and its beta is 1.25. Most recently the company’s share price was $16.35, and it changed around -$0.27 or -1.61% from the last close, which brings the market valuation of the company to $10.75B. AAL at last check was trading at a discount to its 52-week high of $19.10, offering almost -16.82% off that amount. The share price’s 52-week low was $9.07, which indicates that the recent value has risen by an impressive 44.53% since then. We note from American Airlines Group Inc’s average daily trading volume that its 10-day average is 29.19 million shares, with the 3-month average coming to 27.85 million.
American Airlines Group Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.08. If we narrow it down even further, the data shows that 0 out of 23 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 10 recommended AAL as a Hold, whereas 9 deemed it a Buy, and 1 rated it as Underweight. American Airlines Group Inc is expected to report earnings per share of -0.23 for the current quarter.
American Airlines Group Inc (NASDAQ:AAL) trade information
Instantly AAL has been showing red trend so far today with a performance of -1.61% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 17.40 on recent trading dayincreased the stock’s daily price by 6.03%. The company’s shares are currently down -6.18% year-to-date, but still down -2.89% over the last five days. On the other hand, American Airlines Group Inc (NASDAQ:AAL) is -11.03% down in the 30-day period. We can see from the shorts that 45.32 million shares have been sold at a short interest cover period of 1.75 day(s).
The consensus price target as assigned by Wall Street analysts is $15.5, which translates to bulls needing to decrease their stock price by -5.48% from its current value. Analyst projections state that AAL is forecast to be at a low of $9 and a high of $20.
American Airlines Group Inc (AAL) estimates and forecasts
The year-over-year growth rate is expected to be 5.60%, up from the previous year.
Consensus estimates provided by 12 financial analysts predict the company will bring in an average of 13.12B in revenue for the current quarter. 11 analysts expect American Airlines Group Inc to make 15.28B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 12.57B and 14.33B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 4.40%. Forecasts for the next quarter put sales growth at 6.58%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -20.05%. American Airlines Group Inc earnings are expected to increase by 22.25% in 2025, but the outlook is positive 23.93% per year for the next five years.
AAL Dividends
American Airlines Group Inc’s next quarterly earnings report is expected to be released in March. The average dividend yield for the past five years averaged 1.27 per year.
American Airlines Group Inc (NASDAQ:AAL)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.24% of American Airlines Group Inc shares, and 57.06% of them are in the hands of institutional investors. The stock currently has a share float of 57.78%. American Airlines Group Inc stock is held by 721.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 11.2935% of the shares, which is about 74.07 million shares worth $839.19 million.
PRIMECAP MANAGEMENT CO/CA/, with 8.673% or 56.88 million shares worth $644.47 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard/Primecap Fund and iShares Core S&P Midcap ETF were the top two Mutual Funds as of Sep 30, 2024 . The former held 26.38 shares worth $428.75 million, making up 4.02% of all outstanding shares. On the other hand, iShares Core S&P Midcap ETF held roughly 21.09 shares worth around $342.73 million, which represents about 3.21% of the total shares outstanding.
