The price of American Airlines Group Inc (NASDAQ: AAL) closed at $13.96 in the last session, down -4.71% from day before closing price of $14.65. In other words, the price has decreased by -$0.69 from its previous closing price. On the day, 48528640 shares were traded.
Ratios:
We take a closer look at AAL’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.57. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 0.62.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on January 29, 2024, Upgraded its rating to Buy and sets its target price to $20 from $14 previously.
On January 22, 2024, Wolfe Research Upgraded its rating to Outperform which previously was Peer Perform but kept the price unchanged to $17.
Jefferies Upgraded its Hold to Buy on January 11, 2024, while the target price for the stock was maintained at $18.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 14 ’23 when Raja Vasu sold 7,545 shares for $14.30 per share. The transaction valued at 107,894 led to the insider holds 321,608 shares of the business.
Raja Vasu sold 5,121 shares of AAL for $62,937 on Nov 21 ’23. The EVP Chief Commercial Officer now owns 334,049 shares after completing the transaction at $12.29 per share. On Nov 20 ’23, another insider, Raja Vasu, who serves as the EVP Chief Commercial Officer of the company, sold 5,298 shares for $12.23 each. As a result, the insider received 64,795 and left with 339,170 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AAL now has a Market Capitalization of 9.14B and an Enterprise Value of 42.23B. As of this moment, American’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.83, and their Forward P/E ratio for the next fiscal year is 4.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17. Its current Enterprise Value per Revenue stands at 0.80 whereas that against EBITDA is 7.65.
Stock Price History:
Over the past 52 weeks, AAL has reached a high of $19.08, while it has fallen to a 52-week low of $10.86. The 50-Day Moving Average of the stock is 14.48, while the 200-Day Moving Average is calculated to be 14.38.
Shares Statistics:
According to the various share statistics, AAL traded on average about 34.74M shares per day over the past 3-months and 34.16M shares per day over the past 10 days. A total of 654.27M shares are outstanding, with a floating share count of 641.67M. Insiders hold about 2.00% of the company’s shares, while institutions hold 52.38% stake in the company. Shares short for AAL as of Feb 29, 2024 were 37.81M with a Short Ratio of 1.09, compared to 40.8M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.77% and a Short% of Float of 6.55%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.27. The current Payout Ratio is 0.00% for AAL, which recently paid a dividend on Feb 19, 2020 with an ex-dividend date of Feb 04, 2020. Stock splits for the company last occurred on Dec 09, 2013 when the company split stock in a 0:1 ratio.
Earnings Estimates
The company has 16 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.23 for the current quarter, with a high estimate of -$0.17 and a low estimate of -$0.28, while EPS last year was $0.05. The consensus estimate for the next quarter is $1.33, with high estimates of $1.68 and low estimates of $0.86.
Analysts are recommending an EPS of between $3.41 and $1.35 for the fiscal current year, implying an average EPS of $2.53. EPS for the following year is $3.31, with 19 analysts recommending between $4.5 and $2.25.
Revenue Estimates
According to 11 analysts, the current quarter’s revenue is expected to be $12.56B. It ranges from a high estimate of $12.66B to a low estimate of $12.46B. As of the current estimate, American Airlines Group Inc’s year-ago sales were $12.2B, an estimated increase of 2.90% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $14.49B, an increase of 3.10% over than the figure of $2.90% in the same quarter last year. There is a high estimate of $14.79B for the next quarter, whereas the lowest estimate is $14.15B.
A total of 17 analysts have provided revenue estimates for AAL’s current fiscal year. The highest revenue estimate was $55.84B, while the lowest revenue estimate was $54.27B, resulting in an average revenue estimate of $54.99B. In the same quarter a year ago, actual revenue was $52.79B, up 4.20% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $57.55B in the next fiscal year. The high estimate is $59.49B and the low estimate is $56.35B. The average revenue growth estimate for next year is up 4.70% from the average revenue estimate for this year.
