American Airlines Group Inc (AAL) Stock Could Soon Reward Patient Investors

American Airlines Group Inc (NASDAQ: AAL) is 22.85% higher on its value in year-to-date trading and has touched a low of $9.07 and a high of $18.20 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 $16.64 in the last trading session, with the day’s gains setting it 0.24%.

Currently trading at $16.88, the stock is 5.02% and 16.49% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 28.62 million and changing 1.44% at the moment leaves the stock 32.99% off its SMA200. AAL registered 20.74% gain for a year compared to 6-month gain of 51.25%. The firm has a 50-day simple moving average (SMA 50) of $14.491 and a 200-day simple moving average (SMA200) of $12.69245.

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The stock witnessed a 16.74% loss in the last 1 month and extending the period to 3 months gives it a 53.73%, and is -0.24% down 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 3.67% over the week and 3.53% over the month.

American Airlines Group Inc (AAL) has around 132100 employees, a market worth around $11.25B and $53.61B in sales. Current P/E ratio is 52.42 and Fwd P/E is 7.45. Profit margin for the company is 0.51%. Distance from 52-week low is 86.11% and -7.28% from its 52-week high. The company has generated returns on investments over the last 12 months (0.99%).

The EPS is expected to shrink by -37.50% this year.

American Airlines Group Inc (AAL) Top Institutional Holders

718.0 institutions hold shares in American Airlines Group Inc (AAL), with institutional investors hold 57.64% of the company’s shares. The shares outstanding are 657.10M, and float is at 648.76M with Short Float at 7.31%. Institutions hold 56.92% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 74.07 million shares valued at $839.19 million. The investor’s holdings represent 11.2935% of the AAL Shares outstanding. As of 2024-06-30, the second largest holder is PRIMECAP MANAGEMENT CO/CA/ with 56.88 million shares valued at $644.47 million to account for 8.673 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 40.49 million shares representing 6.1736% and valued at over $458.75 million, while SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 4.7777 of the shares totaling 31.33 million with a market value of $355.02 million.