American Airlines Group Inc (AAL) Stock Up 2.19%: Is It a Good Investment?

American Airlines Group Inc [AAL] stock is trading at $13.09, up 2.19%. 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 11.03% over the last week, with a monthly amount glided 17.82%, and 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 October 03, 2024, when TD Cowen reiterated its Hold rating and also boosted its price target to $9 from $7. Previously, Bernstein downgraded its rating to Mkt Perform on July 22, 2024, and dropped its price target to $12. On July 17, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $10 on the stock. TD Cowen reiterated its Buy rating and decreased its price target to $16 on May 29, 2024. Seaport Research Partners downgraded its rating to a Neutral. Jefferies downgraded its rating to Hold for this stock on May 29, 2024, and downed its price target to $12. In a note dated March 20, 2024, UBS initiated an Buy rating and provided a target price of $19 on this stock.

American Airlines Group Inc [AAL] stock has fluctuated between $9.07 and $16.15 over the past year. Currently, Wall Street analysts expect the stock to reach $18.91 within the next 12 months. American Airlines Group Inc [NASDAQ: AAL] shares were valued at $13.09 at the most recent close of the market. An investor can expect a potential return of 44.46% based on the average AAL price forecast.

Analyzing the AAL fundamentals

American Airlines Group Inc [NASDAQ:AAL] reported sales of 53.45B for the trailing twelve months, which represents a growth of 1.99%. Gross Profit Margin for this corporation currently stands at 0.21% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -8.03.

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 12.82 points at the first support level, and at 12.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.30, and for the 2nd resistance point, it is at 13.51.

Ratios To Look Out For

For context, American Airlines Group Inc’s Current Ratio is 0.60. As well, the Quick Ratio is 0.50, while the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 0.16.

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.

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