American Airlines Group Inc [AAL] stock prices are up 0.99% to $15.28 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The AAL shares have gain 4.37% over the last week, with a monthly amount drifted -0.52%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
American Airlines Group Inc [NASDAQ: AAL] stock has seen the most recent analyst activity on January 29, 2024, when Citigroup upgraded its rating to a Buy and also boosted its price target to $20 from $14. Previously, Wolfe Research upgraded its rating to Outperform on January 22, 2024, and kept the price target unchanged to $17. On January 11, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $18 on the stock. Morgan Stanley upgraded its rating to a Overweight but stick to its price target of $20 on January 08, 2024. Exane BNP Paribas downgraded its rating to a Neutral but $12 remained the price target by the analyst firm on November 10, 2023. TD Cowen reiterated a Market Perform rating for this stock on September 13, 2023, and downed its price target to $10. In a note dated September 06, 2023, Exane BNP Paribas upgraded an Outperform rating on this stock but restated the target price of $20.
The stock price of American Airlines Group Inc [AAL] has been fluctuating between $10.86 and $19.08 over the past year. Currently, Wall Street analysts expect the stock to reach $21.5 within the next 12 months. American Airlines Group Inc [NASDAQ: AAL] shares were valued at $15.28 at the most recent close of the market. An investor can expect a potential return of 40.71% based on the average AAL price forecast.
Analyzing the AAL fundamentals
The American Airlines Group Inc [NASDAQ:AAL] reported sales of 52.79B for trailing twelve months, representing a drop of -0.96%. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.11 points at the first support level, and at 14.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.46, and for the 2nd resistance point, it is at 15.65.
Ratios To Look Out For
It’s worth pointing out that American Airlines Group Inc [NASDAQ:AAL]’s Current Ratio is 0.62. Further, the Quick Ratio stands at 0.51, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 0.19 and price to earnings (TTM) ratio is 14.05.
Transactions by insiders
Recent insider trading involved Raja Vasu, EVP Chief Commercial Officer, that happened on Dec 14 when 7545.0 shares were sold. EVP Chief Commercial Officer, Raja Vasu completed a deal on Nov 21 to sell 5121.0 shares. Meanwhile, EVP Chief Commercial Officer Raja Vasu sold 5298.0 shares on Nov 20.
