American Airlines Group Inc [NASDAQ: AAL] jumped around 0.1 points on Monday, while shares priced at $14.92 at the close of the session, up 0.67%. The company report on March 11, 2024 at 10:45 AM that Engine-Uity Reigns at American’s Tulsa Maintenance Base.
American Airlines
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With thousands of parts, many moving at extremely high speeds in an extremely hot environment, modern turbofan engines are a miracle of engineering. But after thousands of arrivals, departures and flight hours, heavy maintenance is required to keep fan blades spinning and customers and team members moving safely in the air. That’s where American’s Base Maintenance facility in Tulsa, Oklahoma, comes in.
Compared to the average trading volume of 34.01M shares, AAL reached a trading volume of 21366395 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 $17.87 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 2.25. 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.
UBS have made an estimate for American Airlines Group Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 20, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price from $14 to $20. The new note on the price target was released on January 29, 2024, representing the official price target for American Airlines Group Inc stock. Previously, the target price had yet another raise to $17, while Wolfe Research analysts kept a Outperform rating on AAL stock.
The Average True Range (ATR) for American Airlines Group Inc is set at 0.40, with the Price to Sales ratio for AAL stock in the period of the last 12 months amounting to 0.19. Price to Free Cash Flow for AAL in the course of the last twelve months was 8.09 with Quick ratio for the last quarter at 0.51.
How has AAL stock performed recently?
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 5.74. With this latest performance, AAL shares dropped by -1.39% in over the last four-week period, additionally plugging by 15.66% over the last 6 months – not to mention a rise of 9.46% 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 55.98, with the RSI for the last a single of trading hit 60.84, and the three-weeks RSI is set at 54.47 for American Airlines Group Inc [AAL]. The present Moving Average for the last 50 days of trading for this stock 14.57, while it was recorded at 14.60 for the last single week of trading, and 14.37 for the last 200 days.
American Airlines Group Inc [AAL]: Deeper insight into the fundamentals
American Airlines Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.51 and a Current Ratio set at 0.62.
Earnings analysis for American Airlines Group Inc [AAL]
With the latest financial reports released by the company, American Airlines Group Inc posted 0.05/share EPS, while the average EPS was predicted by analysts to be reported at 0.05/share. 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. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for American Airlines Group Inc go to 48.70%.
Insider trade positions for American Airlines Group Inc [AAL]
The top three institutional holders of AAL stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in AAL stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in AAL stock with ownership which is approximately 5.8325%.
