An analyst sees good growth prospects for American Airlines Group Inc (AAL)

With 24.95 million shares changed hands, the volume of the stock remained lighter than its average volume of 32.39 million shares. During the session, the Airlines company that operates in wider Industrials sector, reached to the highest price of $17.28 whereas the lowest price it dropped to was $16.265. The 52-week range on AAL shows that it touched its highest point at $18.20 and its lowest point at $9.07 during that stretch. It currently has a 1-year price target of $18.30. AAL paid its most recent dividend on 1580774400, while the ex-dividend date for that was 1580774400. Beta for the stock currently stands at 1.41.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AAL was down-trending over the past week, with a drop of -6.31%, but this was up by 15.26% over a month. Three-month performance surged to 48.24% while six-month performance rose 46.53%. The stock gained 15.66% in the past year, while it has gained 19.87% so far this year. A look at the trailing 12-month EPS for AAL yields 0.32 with Next year EPS estimates of 2.27. For the next quarter, that number is 0.59. This implies an EPS growth rate of -37.50% for this year and 36.77% for next year. EPS is expected to decline by -1.25% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -17.73%.

Float and Shares Shorts:

At present, 657.10 million AAL shares are outstanding with a float of 648.71 million shares on hand for trading. On 2024-11-29, short shares totaled 47.43 million, which was 722.0 higher than short shares on 1730332800. In addition to Mr. Robert D. Isom Jr. as the firm’s CEO, President & Director, Mr. Devon E. May serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.56918 of AAL’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, AAL reported revenue of $13647000000.0 and operating income of $643000000.0. The EBITDA in the recently reported quarter was $778000000.0 and diluted EPS was -$0.23.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AAL since 13 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 6 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With AAL analysts setting a high price target of 24.0 and a low target of 12.0, the average target price over the next 12 months is 17.43952. Based on these targets, AAL could surge 45.72% to reach the target high and fall by -27.14% to reach the target low. Reaching the average price target will result in a growth of 5.89% from current levels.

Analysts have provided yearly estimates in a range of $1.76794 being high and $1.49825 being low. For AAL, this leads to a yearly average estimate of $1.64808. Based on analyst estimates, the high estimate for the next quarter is $0.19 and the low estimate is -$0.38. The average estimate for the next quarter is thus $0.01.