2 weeks Ago By Defense World Staff
American Airlines Group Inc. ( NASDAQ:AAL – Get Free Report ) was the target of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 66,510,000 shares, a decrease of 18.
8% from the October 15th total of 81,870,000 shares. Based on an average daily volume of 33,510,000 shares, the short-interest ratio is presently 2.0 days.
Analyst Ratings Changes A number of equities analysts have issued reports on the company. TD Cowen upped their target price on American Airlines Group from $9.00 to $10.
00 and gave the stock a “hold” rating in a report on Friday, October 25th. Bank of America boosted their target price on shares of American Airlines Group from $9.00 to $10.
00 and gave the stock an “underperform” rating in a report on Friday, October 25th. Evercore ISI raised their price target on shares of American Airlines Group from $10.00 to $12.
00 and gave the company an “in-line” rating in a research note on Thursday, October 3rd. Jefferies Financial Group increased their price objective on American Airlines Group from $10.00 to $11.
00 and gave the company a “hold” rating in a report on Wednesday, October 2nd. Finally, BNP Paribas upgraded American Airlines Group to a “hold” rating in a report on Thursday, September 19th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the company.
According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $13.89. Get Our Latest Stock Report on American Airlines Group Hedge Funds Weigh In On American Airlines Group American Airlines Group Trading Up 1.
8 % AAL opened at $14.26 on Friday. American Airlines Group has a 1-year low of $9.
07 and a 1-year high of $16.15. The company has a market cap of $9.
37 billion, a price-to-earnings ratio of 43.46, a PEG ratio of 0.25 and a beta of 1.
39. The company’s fifty day moving average price is $12.14 and its two-hundred day moving average price is $11.
76. American Airlines Group ( NASDAQ:AAL – Get Free Report ) last released its quarterly earnings results on Thursday, October 24th. The airline reported $0.
30 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.14.
American Airlines Group had a negative return on equity of 18.62% and a net margin of 0.51%.
The business had revenue of $13.65 billion during the quarter, compared to analyst estimates of $13.50 billion.
During the same period in the prior year, the firm posted $0.38 EPS. American Airlines Group’s quarterly revenue was up 1.
2% compared to the same quarter last year. As a group, equities analysts forecast that American Airlines Group will post 1.49 earnings per share for the current fiscal year.
About American Airlines Group ( Get Free Report ) American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo. Read More Five stocks we like better than American Airlines Group How to Use the MarketBeat Stock Screener 3 GARP Stocks Offering Strong Growth: Aptiv, Allstate, Barrick Stock Splits, Do They Really Impact Investors? Mouse Rising: The Iger Investment Pays Off for Disney Investors What is the S&P 500 and How It is Distinct from Other Indexes Can CAVA Stock Be the Next Chipotle? Earnings Can Help Receive News & Ratings for American Airlines Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Airlines Group and related companies with MarketBeat.
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