American Airlines Group Inc. [NASDAQ: AAL] closed the trading session at $24.24 on 05/28/21. The day’s price range saw the stock hit a low of $24.13, while the highest price level was $24.82. The company report on May 28, 2021 that American Airlines to Webcast Presentation at Bernstein Strategic Decisions Conference.
American Airlines Group Inc. (NASDAQ: AAL) President Robert Isom will participate in a virtual fireside chat at the Bernstein Strategic Decisions Conference Thursday, June 3, at 9 a.m. CT.
A live audio webcast of the conference will be available at aa.com/investorrelations.
The stocks have a year to date performance of 53.71 percent and weekly performance of 7.40 percent. The stock has been moved at 62.25 percent over the last six months. The stock has performed 13.80 percent around the most recent 30 days and changed 14.45 percent over the most recent 3-months.
If compared to the average trading volume of 39.10M shares, AAL reached to a volume of 30448252 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say 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 $18.25 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 0.88, with the Price to Sales ratio for AAL stock in the period of the last 12 months amounting to 1.22.
AAL stock trade performance evaluation
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 7.40. With this latest performance, AAL shares gained by 13.80% in over the last four-week period, additionally plugging by 62.25% over the last 6 months – not to mention a rise of 130.86% 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 63.40, with the RSI for the last a single of trading hit 68.39, and the three-weeks RSI is set at 60.34 for American Airlines Group Inc. [AAL]. The present Moving Average for the last 50 days of trading for this stock 22.55, while it was recorded at 23.75 for the last single week of trading, and 17.10 for the last 200 days.
American Airlines Group Inc. [AAL]: An insightful look at the core fundamentals
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.
Earnings per share (EPS) analysis for American Airlines Group Inc. [AAL] stock
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.
American Airlines Group Inc. [AAL]: Insider Ownership positions
There are presently around $8,024 million, or 52.40% of AAL stock, in the hands of institutional investors. The top three institutional holders of AAL stocks are: VANGUARD GROUP INC with ownership of 65,972,326, which is approximately 13.357% of the company’s market cap and around 1.00% of the total institutional ownership; PRIMECAP MANAGEMENT CO/CA/, holding 44,141,626 shares of the stock with an approximate value of $1.07 billion in AAL stocks shares; and BLACKROCK INC., currently with $846.14 million in AAL stock with ownership of nearly 10.883% 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 337 institutional holders increased their position in American Airlines Group Inc. [NASDAQ:AAL] by around 42,123,004 shares. Additionally, 231 investors decreased positions by around 39,983,568 shares, while 101 investors held positions by with 248,895,978 shares. The mentioned changes placed institutional holdings at 331,002,550 shares, according to the latest SEC report filing. AAL stock had 123 new institutional investments in for a total of 7,679,047 shares, while 88 institutional investors sold positions of 8,452,470 shares during the same period.