American Airlines Group Inc [NASDAQ: AAL] traded at a low on Friday, posting a -0.72 loss after which it closed the day’ session at $11.04.
The results of the trading session contributed to over 24297379 shares changing hands. Over the past one week, the price volatility of American Airlines Group Inc stands at 1.98% while the volatility over the past one month is 2.22%.
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The market cap for AAL stock reached $7.24 billion, with 654.27 million shares outstanding and 646.72 million shares in the current float. Compared to the average trading volume of 33.46M shares, AAL reached a trading volume of 24297379 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 $15.67 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 2.38. 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.
TD Cowen have made an estimate for American Airlines Group Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 29, 2024. The new note on the price target was released on May 29, 2024, representing the official price target for American Airlines Group Inc stock. Previously, the target price had yet another drop from $17 to $12, while Jefferies kept a Hold rating on AAL stock.
The Average True Range (ATR) for American Airlines Group Inc is set at 0.30, with the Price to Sales ratio for AAL stock in the period of the last 12 months amounting to 0.14.
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 -2.13. With this latest performance, AAL shares dropped by -4.00% in over the last four-week period, additionally sinking by -14.75% over the last 6 months – not to mention a drop of -39.74% 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 32.06, with the RSI for the last a single of trading hit 32.71, and the three-weeks RSI is set at 33.48 for American Airlines Group Inc [AAL]. The present Moving Average for the last 50 days of trading for this stock 12.72, while it was recorded at 11.12 for the last single week of trading, and 13.32 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 0.48 and a Current Ratio set at 0.58.
Earnings analysis for American Airlines Group Inc [AAL]
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 45.99%.
Insider trade positions for American Airlines Group Inc [AAL]
The top three institutional holders of AAL stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in AAL stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in AAL stock with ownership which is approximately 5.1238%.
