With 56.96 million shares changed hands, the volume of the stock remained heavier than its average volume of 33.24 million shares. The 52-week range on AAL shows that it touched its highest point at $19.10 and its lowest point at $9.07 during that stretch. It currently has a 1-year price target of $21.43. Beta for the stock currently stands at 1.08.
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 -7.18%, but this was down by -15.63% over a month. Three-month performance dropped to -2.96% while six-month performance rose 32.67%. The stock lost -10.03% in the past year, while it has lost -19.16% so far this year. A look at the trailing 12-month EPS for AAL yields 1.11 with Next year EPS estimates of 3.11. For the next quarter, that number is -0.28. This implies an EPS growth rate of 22.38% for this year and 29.84% for next year. EPS is expected to grow by 24.37% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -20.93%.
Float and Shares Shorts:
At present, 657.57 million AAL shares are outstanding with a float of 648.04 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.86868 being high and $1.63012 being low. For AAL, this leads to a yearly average estimate of $1.71958. Based on analyst estimates, the high estimate for the next quarter is $1.5 and the low estimate is $1.25. The average estimate for the next quarter is thus $1.4.
Summary of Insider Activity:
Insiders traded AAL stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
