American Airlines Group Inc (NASDAQ:AAL)’s traded shares stood at 21.11 million during the latest session, with the company’s beta value hitting 1.26. At the last check today, the stock’s price was $14.84, to imply a decrease of -2.27% or -$0.34 in intraday trading. The AAL share’s 52-week high remains $19.10, putting it -28.71% down since that peak but still an impressive 38.88% since price per share fell to its 52-week low of $9.07.
Analysts have given a consensus recommendation of Buy for American Airlines Group Inc (AAL), translating to a mean rating of 2.00. 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. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.25.
American Airlines Group Inc (NASDAQ:AAL) trade information
After registering a -2.27% 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 -6.46%, and -13.50% over 30 days. With these gigs, the year-to-date price performance is -14.89%.
The extremes give us $9 and $20 for target low and target high price respectively. As such, AAL has been trading -34.77% off suggested target high and 39.35% from its likely low.
American Airlines Group Inc (AAL) estimates and forecasts
The rating firms project that company’s revenue will grow 5.75% compared to the previous financial year.
Revenue forecast for the current quarter as set by 12 analysts is 13.13B. Meanwhile, for the current quarter, a total of 12 analyst(s) estimate revenue growth to 15.31B.Earnings reports from the last fiscal year show that sales brought in 12.57B and 14.33B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 4.46% before jumping 6.78% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -20.93% for the past 5-year period. While 2025 is set for a 23.10% return in earnings, projections for the next 5 years are at 24.86% annually.
AAL Dividends
American Airlines Group Inc has its next earnings report out in March. 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 next major institution holding the largest number of shares is PRIMECAP MANAGEMENT CO/CA/ with 56.88 million shares, or about 8.6582% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $644.47 million.
We also have Vanguard/Primecap Fund and iShares Core S&P Midcap ETF as the top two Mutual Funds with the largest holdings of the American Airlines Group Inc (AAL) shares. Going by data provided on Sep 30, 2024 , Vanguard/Primecap Fund holds roughly 26.38 shares. This is just over 4.01% of the total shares, with a market valuation of $392.73 million. Data from the same date shows that the other fund manager holds a little less at 21.09, or 3.21% of the shares, all valued at about 313.94 million.
