In today’s recent session, 9.5 million shares of the American Airlines Group Inc (NASDAQ:AAL) have been traded, and its beta is 1.12. Most recently the company’s share price was $11.36, and it changed around -$0.15 or -1.26% from the last close, which brings the market valuation of the company to $7.47B. AAL at last check was trading at a discount to its 52-week high of $19.10, offering almost -68.13% off that amount. The share price’s 52-week low was $9.07, which indicates that the recent value has risen by an impressive 20.16% since then. We note from American Airlines Group Inc’s average daily trading volume that its 10-day average is 63.15 million shares, with the 3-month average coming to 42.69 million.
American Airlines Group Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.92. If we narrow it down even further, the data shows that 0 out of 24 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 10 recommended AAL as a Hold, whereas 10 deemed it a Buy, and 0 rated it as Underweight. American Airlines Group Inc is expected to report earnings per share of -0.57 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 -1.26% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 12.07 on recent trading dayincreased the stock’s daily price by 5.88%. The company’s shares are currently down -34.80% year-to-date, but still down -1.00% over the last five days. On the other hand, American Airlines Group Inc (NASDAQ:AAL) is -24.88% down in the 30-day period. We can see from the shorts that 58.69 million shares have been sold at a short interest cover period of 0.99 day(s).
The consensus price target as assigned by Wall Street analysts is $15.5, which translates to bulls needing to increase their stock price by 26.71% 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 4.56%, up from the previous year.
Consensus estimates provided by 13 financial analysts predict the company will bring in an average of 12.71B in revenue for the current quarter. 13 analysts expect American Airlines Group Inc to make 15.06B 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 1.13%. Forecasts for the next quarter put sales growth at 5.09%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -20.93%. American Airlines Group Inc earnings are expected to increase by 6.03% in 2025, but the outlook is positive 20.98% per year for the next five years.
AAL Dividends
American Airlines Group Inc’s next quarterly earnings report is expected to be released on 2025-Jan-22. 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 1.39% of American Airlines Group Inc shares, and 68.80% of them are in the hands of institutional investors. The stock currently has a share float of 69.77%. American Airlines Group Inc stock is held by 762.0 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 8.6582% 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 Mid-Cap ETF were the top two Mutual Funds as of Dec 31, 2024. The former held 28.93 shares worth $327.88 million, making up 4.40% of all outstanding shares. On the other hand, iShares Core S&P Mid-Cap ETF held roughly 21.37 shares worth around $242.18 million, which represents about 3.25% of the total shares outstanding.
