American Airlines Group Inc (AAL) looking to reclaim success with recent performance

With 33.3 million shares changed hands, the volume of the stock remained heavier than its average volume of 30.31 million shares. During the session, the Airlines company that operates in wider Industrials sector, reached to the highest price of $15.07 whereas the lowest price it dropped to was $14.52. The 52-week range on AAL shows that it touched its highest point at $19.08 and its lowest point at $10.86 during that stretch. It currently has a 1-year price target of $18.03. Beta for the stock currently stands at 1.55.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AAL was up-trending over the past week, with a rise of 1.91%, but this was up by 13.54% over a month. The stock gained 6.11% in the past year, while it has gained 8.66% so far this year. A look at the trailing 12-month EPS for AAL yields 0.60 with Next year EPS estimates of 3.24. For the next quarter, that number is 1.25. This implies an EPS growth rate of -6.95% for this year and 31.54% for next year. EPS is expected to grow by 47.95% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -17.73%.

Float and Shares Shorts:

At present, 654.27 million AAL shares are outstanding with a float of 643.08 million shares on hand for trading. On 2024-04-30, short shares totaled 52.68 million, which was 802.99996 higher than short shares on 1711584000. In addition to Mr. Robert D. Isom Jr. as the firm’s CEO, President & Director, Mr. Devon E. May serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.53536 of AAL’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, AAL reported revenue of $12570000000.0 and operating income of $77000000.0. The EBITDA in the recently reported quarter was $154000000.0 and diluted EPS was -$0.48.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AAL since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.