American Airlines Group Inc. [NASDAQ: AAL] gained 1.97% on the last trading session, reaching $21.72 price per share at the time. The company report on April 22, 2021 that American Airlines Reports First-Quarter 2021 Financial results.
American Airlines Group Inc. (NASDAQ: AAL) reported its first-quarter 2021 financial results, including:.
First-quarter revenue of $4.0 billion, down 53% year over year on a 39% year-over-year reduction in total available seat miles (ASMs).
American Airlines Group Inc. represents 634.61 million in outstanding shares, while the company has a total market value of $13.66 billion with the latest information. AAL stock price has been found in the range of $21.075 to $21.88.
If compared to the average trading volume of 43.04M shares, AAL reached a trading volume of 31608772 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about American Airlines Group Inc. [AAL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AAL shares is $18.31 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AAL stock is a recommendation set at 3.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Raymond James have made an estimate for American Airlines Group Inc. shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on April 23, 2021. While these analysts kept the previous recommendation, Morgan Stanley raised their target price to Underweight. The new note on the price target was released on April 06, 2021, representing the official price target for American Airlines Group Inc. stock. Previously, the target price had yet another raise from $15 to $25, while Jefferies kept a Hold rating on AAL stock.
The Average True Range (ATR) for American Airlines Group Inc. is set at 0.96, with the Price to Sales ratio for AAL stock in the period of the last 12 months amounting to 1.06.
Trading performance analysis for AAL stock
American Airlines Group Inc. [AAL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.89. With this latest performance, AAL shares dropped by -9.12% in over the last four-week period, additionally plugging by 98.36% over the last 6 months – not to mention a rise of 80.85% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AAL stock in for the last two-week period is set at 48.05, with the RSI for the last a single of trading hit 48.36, and the three-weeks RSI is set at 49.59 for American Airlines Group Inc. [AAL]. The present Moving Average for the last 50 days of trading for this stock 22.34, while it was recorded at 21.70 for the last single week of trading, and 16.06 for the last 200 days.
American Airlines Group Inc. [AAL]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and American Airlines Group Inc. [AAL] shares currently have an operating margin of -65.68 and a Gross Margin at -42.21. American Airlines Group Inc.’s Net Margin is presently recorded at -51.25.
Return on Total Capital for AAL is now -33.75, given the latest momentum, and Return on Invested Capital for the company is -30.40. Additionally, AAL Total Debt to Total Capital is recorded at 120.11, with Total Debt to Total Assets ending up at 66.15.
Reflecting on the efficiency of the workforce at the company, American Airlines Group Inc. [AAL] managed to generate an average of -$86,514 per employee. Receivables Turnover for the company is 11.21 with a Total Asset Turnover recorded at a value of 0.28.American Airlines Group Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.90 and a Current Ratio set at 1.00.
American Airlines Group Inc. [AAL]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, American Airlines Group Inc. posted -7.82/share EPS, while the average EPS was predicted by analysts to be reported at -7.7/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -1.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AAL.
An analysis of insider ownership at American Airlines Group Inc. [AAL]
There are presently around $7,104 million, or 52.90% of AAL stock, in the hands of institutional investors. The top three institutional holders of AAL stocks are: VANGUARD GROUP INC with ownership of 58,198,918, which is approximately 9.98% of the company’s market cap and around 1.00% of the total institutional ownership; PRIMECAP MANAGEMENT CO/CA/, holding 47,666,106 shares of the stock with an approximate value of $1.04 billion in AAL stocks shares; and BLACKROCK INC., currently with $683.76 million in AAL stock with ownership of nearly 8.33% of the company’s market capitalization.
Positions in American Airlines Group Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 318 institutional holders increased their position in American Airlines Group Inc. [NASDAQ:AAL] by around 69,769,843 shares. Additionally, 201 investors decreased positions by around 18,292,602 shares, while 110 investors held positions by with 239,015,088 shares. The mentioned changes placed institutional holdings at 327,077,533 shares, according to the latest SEC report filing. AAL stock had 121 new institutional investments in for a total of 13,413,064 shares, while 78 institutional investors sold positions of 4,926,986 shares during the same period.