American Airlines Group (NASDAQ:AAL – Get Rating) is scheduled to post its quarterly earnings results before the market opens on Thursday, January 26th. Analysts expect American Airlines Group to post earnings of $0.84 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.
American Airlines Group Trading Down 0.9 %
NASDAQ:AAL traded down $0.15 during mid-day trading on Tuesday, hitting $16.02. The stock had a trading volume of 21,122,124 shares, compared to its average volume of 35,127,016. The stock has a 50-day simple moving average of $14.15 and a two-hundred day simple moving average of $13.94. The company has a market capitalization of $10.41 billion, a PE ratio of -6.19 and a beta of 1.47. American Airlines Group has a twelve month low of $11.65 and a twelve month high of $21.42.
In other news, EVP Vasu Raja sold 12,775 shares of the stock in a transaction that occurred on Tuesday, November 22nd. The stock was sold at an average price of $13.84, for a total transaction of $176,806.00. Following the completion of the transaction, the executive vice president now directly owns 54,381 shares in the company, valued at approximately $752,633.04. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.78% of the company’s stock.
Institutional Investors Weigh In On American Airlines Group
Wall Street Analysts Forecast Growth
AAL has been the topic of a number of research analyst reports. Barclays cut their price objective on shares of American Airlines Group from $17.00 to $14.00 in a report on Wednesday, October 12th. Morgan Stanley cut their target price on shares of American Airlines Group from $22.00 to $19.00 and set an “equal weight” rating on the stock in a report on Monday, December 5th. StockNews.com started coverage on shares of American Airlines Group in a report on Wednesday, October 12th. They issued a “hold” rating on the stock. Citigroup lifted their target price on shares of American Airlines Group to $19.00 in a report on Tuesday, January 17th. Finally, Cowen cut their target price on shares of American Airlines Group to $18.00 in a research note on Thursday, October 27th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, American Airlines Group currently has an average rating of “Hold” and a consensus price target of $17.50.
American Airlines Group Company Profile
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, Madrid, Seattle/Tacoma, Sydney, and Tokyo.
- Get a free copy of the StockNews.com research report on American Airlines Group (AAL)
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