American Airlines Group Inc [NASDAQ: AAL] gained 0.26% on the last trading session, reaching $11.79 price per share at the time.
If compared to the average trading volume of 37.51M shares, AAL reached a trading volume of 17651606 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying 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 $12.28 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.
TD Cowen have made an estimate for American Airlines Group Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on October 03, 2024. While these analysts kept the previous recommendation, Bernstein dropped their target price from $18 to $12. The new note on the price target was released on July 22, 2024, representing the official price target for American Airlines Group Inc stock. Previously, the target price had yet another drop from $16 to $10, while TD Cowen kept a Hold rating on AAL stock. On May 29, 2024, analysts decreased their price target for AAL shares from 18 to 16.
The Average True Range (ATR) for American Airlines Group Inc is set at 0.43, with the Price to Sales ratio for AAL stock in the period of the last 12 months amounting to 0.14.
Trading performance analysis for AAL stock
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 2.43. With this latest performance, AAL shares gained by 8.36% in over the last four-week period, additionally sinking by -10.34% over the last 6 months – not to mention a drop of -5.53% 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 61.39, with the RSI for the last a single of trading hit 63.06, and the three-weeks RSI is set at 59.41 for American Airlines Group Inc [AAL]. The present Moving Average for the last 50 days of trading for this stock 10.65, while it was recorded at 11.79 for the last single week of trading, and 12.67 for the last 200 days.
American Airlines Group Inc [AAL]: A deeper dive into fundamental analysis
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.
American Airlines Group Inc [AAL]: An earnings per share (EPS) analysis
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 -5.26%.
An analysis of Institutional ownership at American Airlines Group Inc [AAL]
There are presently around $62.60%, or 63.41%% 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%.
