American Airlines Group Inc (NASDAQ: AAL) is -2.70% lower on its value in year-to-date trading and has touched a low of $9.07 and a high of $19.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AAL stock was last observed hovering at around $17.03 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $16.96, the stock is -4.18% and 3.33% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 37.73 million and changing -0.41% at the moment leaves the stock 30.14% off its SMA200. AAL registered 21.14% gain for a year compared to 6-month gain of 66.76%. The firm has a 50-day simple moving average (SMA 50) of $16.4142 and a 200-day simple moving average (SMA200) of $13.03165.
The stock witnessed a 0.47% loss in the last 1 month and extending the period to 3 months gives it a 30.86%, and is -7.27% 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 3.58% over the week and 3.28% over the month.
American Airlines Group Inc (AAL) has around 132100 employees, a market worth around $11.14B and $54.21B in sales. Current P/E ratio is 14.97 and Fwd P/E is 5.51. Profit margin for the company is 1.56%. Distance from 52-week low is 86.99% and -11.20% from its 52-week high. The company has generated returns on investments over the last 12 months (3.08%).
with sales reaching $13.11B over the same period.The EPS is expected to grow by 22.70% this year, but quarterly earnings will post 5.47% year-over-year. Quarterly sales are estimated to grow 4.29% in year-over-year returns.
American Airlines Group Inc (AAL) Top Institutional Holders
721.0 institutions hold shares in American Airlines Group Inc (AAL), with institutional investors hold 57.78% of the company’s shares. The shares outstanding are 657.57M, and float is at 648.86M with Short Float at 6.98%. Institutions hold 57.06% 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.
American Airlines Group Inc (AAL) Insider Activity
The most recent transaction is an insider sale by Isom Robert D Jr, the company’s CEO and President. SEC filings show that Isom Robert D Jr sold 102,441 shares of the company’s common stock on Dec 27 ’24 at a price of $17.21 per share for a total of $1.76 million. Following the sale, the insider now owns 2.97 million shares.
