American Airlines Group Inc [NASDAQ: AAL] traded at a low on Friday, posting a -1.75 loss after which it closed the day’ session at $10.69.
The results of the trading session contributed to over 36852044 shares changing hands. Over the past one week, the price volatility of American Airlines Group Inc stands at 4.82% while the volatility over the past one month is 3.24%.
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The market cap for AAL stock reached $7.02 billion, with 654.27 million shares outstanding and 647.77 million shares in the current float. Compared to the average trading volume of 33.21M shares, AAL reached a trading volume of 36852044 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 $11.86 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 2.46. 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.
Bernstein 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 July 22, 2024. While these analysts kept the previous recommendation, TD Cowen dropped their target price from $16 to $10. The new note on the price target was released on July 17, 2024, representing the official price target for American Airlines Group Inc stock. Previously, the target price had yet another drop from $18 to $16, while TD Cowen kept a Buy rating on AAL stock.
The Average True Range (ATR) for American Airlines Group Inc is set at 0.41, with the Price to Sales ratio for AAL stock in the period of the last 12 months amounting to 0.13.
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 -1.02. With this latest performance, AAL shares gained by 9.75% in over the last four-week period, additionally sinking by -23.59% over the last 6 months – not to mention a drop of -19.68% 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 53.14, with the RSI for the last a single of trading hit 52.49, and the three-weeks RSI is set at 51.46 for American Airlines Group Inc [AAL]. The present Moving Average for the last 50 days of trading for this stock 10.42, while it was recorded at 10.91 for the last single week of trading, and 12.91 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 0.50 and a Current Ratio set at 0.60.
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 42.40%.
Insider trade positions for American Airlines Group Inc [AAL]
There are presently around $62.53%, or 63.34%% of AAL stock, in the hands of institutional investors. The top three institutional holders of AAL stocks are: VANGUARD GROUP INC with ownership of 74.07 million shares, which is approximately 11.2935%. PRIMECAP MANAGEMENT CO/CA/, holding 56.88 million shares of the stock with an approximate value of $$644.47 million in AAL stocks shares; and PRIMECAP MANAGEMENT CO/CA/, currently with $$458.75 million in AAL stock with ownership which is approximately 6.1736%.
