At the time of writing, American Airlines Group Inc [AAL] stock is trading at $10.60, up 4.23%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AAL shares have lost -0.19% over the last week, with a monthly amount drifted -4.76%, 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 July 22, 2024, when Bernstein downgraded its rating to a Mkt Perform and also revised its price target to $12 from $18. Previously, TD Cowen downgraded its rating to Hold on July 17, 2024, and dropped its price target to $10. On May 29, 2024, TD Cowen reiterated its Buy rating and revised its price target to $16 on the stock. Seaport Research Partners downgraded its rating to a Neutral. Jefferies downgraded its rating to a Hold and reduced its price target to $12 on May 29, 2024. UBS started tracking with a Buy rating for this stock on March 20, 2024, and assigned it a price target of $19. In a note dated January 29, 2024, Citigroup upgraded an Buy rating on this stock and boosted its target price from $14 to $20.
For the past year, the stock price of American Airlines Group Inc fluctuated between $10.12 and $16.90. Currently, Wall Street analysts expect the stock to reach $19.94 within the next 12 months. American Airlines Group Inc [NASDAQ: AAL] shares were valued at $10.60 at the most recent close of the market. An investor can expect a potential return of 88.11% based on the average AAL price forecast.
Analyzing the AAL fundamentals
According to American Airlines Group Inc [NASDAQ:AAL], the company’s sales were 53.17B for trailing twelve months, which represents an 3.13% jump. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at -0.0%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is 0.02 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-8.31.
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 9.94 points at the first support level, and at 9.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.08, and for the 2nd resistance point, it is at 11.56.
Ratios To Look Out For
It is important to note that American Airlines Group Inc [NASDAQ:AAL] has a current ratio of 0.58. In addition, the Quick Ratio stands at 0.48 and the Cash Ratio stands at 0.02. Considering the valuation of this stock, the price to sales ratio is 0.13 and price to earnings (TTM) ratio is 17.76.
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.
