American Airlines Group Inc [AAL] stock prices are up 0.27% to $14.82 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AAL shares have gain 6.16% over the last week, with a monthly amount drifted -2.76%, 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 March 20, 2024, when UBS initiated its Buy rating and assigned the stock a price target of $19. Previously, Citigroup upgraded its rating to Buy on January 29, 2024, and elevated its price target to $20. On January 22, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $17 on the stock. Jefferies upgraded its rating to a Buy but stick to its price target of $18 on January 11, 2024. Morgan Stanley upgraded its rating to a Overweight but $20 remained the price target by the analyst firm on January 08, 2024. Exane BNP Paribas downgraded its rating to Neutral for this stock on November 10, 2023, but kept the price target unchanged to $12. In a note dated September 13, 2023, TD Cowen reiterated an Market Perform rating on this stock and revised its target price from $16 to $10.
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 $14.82 at the most recent close of the market. An investor can expect a potential return of 45.07% 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 0.23% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is -0.16 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-6.58.
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 14.68 points at the first support level, and at 14.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.92, and for the 2nd resistance point, it is at 15.02.
American Airlines Group Inc [AAL] reported earnings per share of $0.29 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.1/share, meaning a difference of $0.19 and a surprise factor of 190.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.38 per share as compared to estimates of $0.25 per share, a difference of $0.13 representing a surprise of 52.00%.
Ratios To Look Out For
It’s worth pointing out that American Airlines Group Inc [NASDAQ:AAL]’s Current Ratio is 0.62. As well, the Quick Ratio is 0.51, while the Cash Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 0.18 and price to earnings (TTM) ratio is 13.63.
Transactions by insiders
Recent insider trading involved Raja Vasu, EVP Chief Commercial Officer, that happened on Dec 14 ’23 when 7545.0 shares were sold. EVP Chief Commercial Officer, Raja Vasu completed a deal on Nov 21 ’23 to sell 5121.0 shares. Meanwhile, EVP Chief Commercial Officer Raja Vasu sold 5298.0 shares on Nov 20 ’23.
