American Airlines Group Inc (NASDAQ: AAL) Surprised Bears With Its Forecast.

In the last trading session, 58.17 million shares of the American Airlines Group Inc (NASDAQ:AAL) were traded, and its beta was 1.38. Most recently the company’s share price was $10.56, and it changed around -$0.34 or -3.12% from the last close, which brings the market valuation of the company to $6.96B. AAL currently trades at a discount to its 52-week high of $19.10, offering almost -80.87% off that amount. The share price’s 52-week low was $8.50, which indicates that the current value has risen by an impressive 19.51% since then. We note from American Airlines Group Inc’s average daily trading volume that its 10-day average is 54.43 million shares, with the 3-month average coming to 62.58 million.

American Airlines Group Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.04. If we narrow it down even further, the data shows that 0 out of 24 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 10 recommended AAL as a Hold, whereas 10 deemed it a Buy, and 1 rated it as Underweight.

American Airlines Group Inc (NASDAQ:AAL) trade information

Instantly AAL has showed a red trend with a performance of -3.12% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 11.95 on recent trading dayincreased the stock’s daily price by 11.63%. The company’s shares are currently down -39.41% year-to-date, but still down -10.81% over the last five days. On the other hand, American Airlines Group Inc (NASDAQ:AAL) is -10.96% down in the 30-day period. We can see from the shorts that 66.2 million shares have been sold at a short interest cover period of 1.09 day(s).

The consensus price target as assigned by Wall Street analysts is $15, which translates to bulls needing to increase their stock price by 29.6% from its current value. Analyst projections state that AAL is forecast to be at a low of $15 and a high of $15.

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 -53.16% in 2025, but the outlook is positive 9.48% 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-Apr-23. 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 1.49% of American Airlines Group Inc shares, and 67.47% of them are in the hands of institutional investors. The stock currently has a share float of 68.49%. American Airlines Group Inc stock is held by 740.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 11.2743% 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.

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