Currently, American Airlines Group Inc [AAL] is trading at $13.60, up 3.42%. 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 4.86% over the last week, with a monthly amount glided 17.65%, 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 25, 2024, when TD Cowen reiterated its Hold rating and also boosted its price target to $10 from $9. Previously, TD Cowen reaffirmed its Hold rating on October 03, 2024, and elevated its price target to $9. On July 22, 2024, downgrade downgraded it’s rating to Mkt Perform and revised its price target to $12 on the stock. TD Cowen downgraded its rating to a Hold and decreased its price target to $10 on July 17, 2024. TD Cowen reiterated its recommendation of a Buy and reduced its price target to $16 on May 29, 2024. Seaport Research Partners downgraded its rating to Neutral for this stock on May 29, 2024. In a note dated May 29, 2024, Jefferies downgraded an Hold rating on this stock and revised its target price from $17 to $12.
This stock has fluctuated between a low of $9.07 and a high of $16.15 over the last 52 weeks. 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 $13.60 at the most recent close of the market. An investor can expect a potential return of 39.04% based on the average AAL price forecast.
Analyzing the AAL fundamentals
Trailing Twelve Months sales for American Airlines Group Inc [NASDAQ:AAL] were 53.61B which represents 1.22% growth. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is -0.05 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -8.07.
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 13.49 points at the first support level, and at 13.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.78, and for the 2nd resistance point, it is at 13.96.
Ratios To Look Out For
To put it in perspective, the Current Ratio for American Airlines Group Inc [NASDAQ:AAL] is 0.57. Further, the Quick Ratio stands at 0.47, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 0.17 and price to earnings (TTM) ratio is 42.24.
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.
