Why should you keep an eye on American Airlines Group Inc (AAL)?

American Airlines Group Inc (NASDAQ: AAL) is 8.30% higher on its value in year-to-date trading and has touched a low of $10.86 and a high of $19.08 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AAL stock was last observed hovering at around $14.95 in the last trading session, with the day’s loss setting it -0.07%.

Currently trading at $14.88, the stock is 4.40% and 6.76% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 26.96 million and changing -0.47% at the moment leaves the stock 4.21% off its SMA200. AAL registered -12.32% loss for a year compared to 6-month loss of -5.58%. The firm has a 50-day simple moving average (SMA 50) of $0.81 and a 200-day simple moving average (SMA200) of $13.11.

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The stock witnessed a 3.69% gain in the last 1 month and extending the period to 3 months gives it a 23.90%, and is 2.20% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.05% over the week and 3.73% over the month.

American Airlines Group Inc (AAL) has around Feb 04 2020 employees, a market worth around $9.72B and $52.79B in sales. Current P/E ratio is 13.68 and Fwd P/E is 4.58. Profit margin for the company is 1.56%. Distance from 52-week low is 37.02% and -22.01% from its 52-week high. The company has generated returns on investments over the last 12 months (2.69%).

American Airlines Group Inc quarterly earnings per share for the current quarter are estimated at -$0.22 with sales reaching $12.55B over the same period.The EPS is expected to shrink by -4.90% this year, but quarterly earnings will post 4.20% year-over-year. Quarterly sales are estimated to grow 2.80% in year-over-year returns.

American Airlines Group Inc (AAL) Top Institutional Holders

775 institutions hold shares in American Airlines Group Inc (AAL), with institutional investors hold 60.13% of the company’s shares. The shares outstanding are 654.27M, and float is at 643.77M with Short Float at 6.34%. Institutions hold 59.35% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 78.22 million shares valued at $1.4 billion. The investor’s holdings represent 11.97% of the AAL Shares outstanding. As of Jun 29, 2023, the second largest holder is Primecap Management Company with 37.32 million shares valued at $669.48 million to account for 5.71% of the shares outstanding. The other top investors are Blackrock Inc. which holds 36.43 million shares representing 5.57% and valued at over $653.57 million, while State Street Corporation holds 3.17% of the shares totaling 20.69 million with a market value of $371.23 million.

American Airlines Group Inc (AAL) Insider Activity

A total of 15 insider transactions have happened at American Airlines Group Inc (AAL) in the last six months, with sales accounting for 11 and purchases happening 4 times. The most recent transaction is an insider sale by Raja Vasu ,the company’sEVP Chief Commercial Officer. SEC filings show that Raja Vasu sold 7,545 shares of the company’s common stock on Dec 14 at a price of $14.30 per share for a total of $0.11 million. Following the sale, the insider now owns 0.32 million shares.

American Airlines Group Inc disclosed in a document filed with the SEC on Nov 21 that Raja Vasu (EVP Chief Commercial Officer) sold a total of 5,121 shares of the company’s common stock. The trade occurred on Nov 21 and was made at $12.29 per share for $62937.0. Following the transaction, the insider now directly holds 0.33 million shares of the AAL stock.

Still, SEC filings show that on Nov 20, Raja Vasu (EVP Chief Commercial Officer) disposed off 5,298 shares at an average price of $12.23 for $64795.0. The insider now directly holds 339,170 shares of American Airlines Group Inc (AAL).

American Airlines Group Inc (AAL): Who are the competitors?

The company’s main competitors (and peers) include Southwest Airlines Co. (LUV) that is trading -7.36% down over the past 12 months. Delta Air Lines Inc. (DAL) that is 4.95% higher over the same period.