Redburn lifts American Airlines Group Inc. [AAL] price estimate. Who else is bullish?

American Airlines Group Inc. [NASDAQ: AAL] traded at a high on 09/13/21, posting a 1.90 gain after which it closed the day’ session at $19.31. The company report on September 10, 2021 that Maintaining the Mission.

Northampton, MA –News Direct– American Airlines.

Team members from around the system came together to support American’s Civil Reserve Air Fleet (CRAF) activation these past few weeks. Throughout our airline, so many aviation professionals have raised their hands to help, including our Technical Operations team. So often behind the scenes, this group is charged with maintaining the safety of every aircraft in the air and keeping our airline moving. The same is the case for our CRAF flights. But there are differences, and our Tech Ops team has stepped up in a big way to ensure the safety and success of every mission.

The results of the trading session contributed to over 42418963 shares changing hands. Over the past one week, the price volatility of American Airlines Group Inc. stands at 5.30% while the volatility over the past one month is 3.87%.

The market cap for AAL stock reached $13.33 billion, with 644.12 million shares outstanding and 634.98 million shares in the current float. Compared to the average trading volume of 29.83M shares, AAL reached a trading volume of 42418963 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus 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 $19.86 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 3.10. 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.

Redburn have made an estimate for American Airlines Group Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 11, 2021. The new note on the price target was released on July 27, 2021, representing the official price target for American Airlines Group Inc. stock. Previously, the target price had yet another raise from $16 to $19, while Berenberg kept a Hold rating on AAL stock.

The Average True Range (ATR) for American Airlines Group Inc. is set at 0.84, with the Price to Sales ratio for AAL stock in the period of the last 12 months amounting to 0.71.

How has AAL stock performed recently?

American Airlines Group Inc. [AAL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.31. With this latest performance, AAL shares dropped by -5.48% in over the last four-week period, additionally sinking by -23.28% over the last 6 months – not to mention a rise of 49.11% 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 46.05, with the RSI for the last a single of trading hit 46.28, and the three-weeks RSI is set at 45.84 for American Airlines Group Inc. [AAL]. The present Moving Average for the last 50 days of trading for this stock 20.20, while it was recorded at 19.42 for the last single week of trading, and 20.19 for the last 200 days.

American Airlines Group Inc. [AAL]: Deeper insight into the 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 1.00 and a Current Ratio set at 1.10.

Insider trade positions for American Airlines Group Inc. [AAL]

There are presently around $6,719 million, or 54.70% of AAL stock, in the hands of institutional investors. The top three institutional holders of AAL stocks are: VANGUARD GROUP INC with ownership of 66,995,884, which is approximately 1.551% of the company’s market cap and around 0.10% of the total institutional ownership; PRIMECAP MANAGEMENT CO/CA/, holding 43,021,546 shares of the stock with an approximate value of $830.75 million in AAL stocks shares; and BLACKROCK INC., currently with $680.6 million in AAL stock with ownership of nearly 0.972% of the company’s market capitalization.

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Positions in American Airlines Group Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 269 institutional holders increased their position in American Airlines Group Inc. [NASDAQ:AAL] by around 36,798,210 shares. Additionally, 256 investors decreased positions by around 19,620,362 shares, while 126 investors held positions by with 291,516,493 shares. The mentioned changes placed institutional holdings at 347,935,065 shares, according to the latest SEC report filing. AAL stock had 71 new institutional investments in for a total of 4,352,506 shares, while 84 institutional investors sold positions of 5,267,451 shares during the same period.

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