Market Recap Check: American Airlines Group Inc (AAL)’s Negative Finish at 13.92, Up/Down -2.18

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

The price of American Airlines Group Inc (NASDAQ: AAL) closed at $13.92 in the last session, down -2.18% from day before closing price of $14.23. In other words, the price has decreased by -$2.18 from its previous closing price. On the day, 40.78 million shares were traded. AAL stock price reached its highest trading level at $14.33 during the session, while it also had its lowest trading level at $13.82.

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 this company, UBS on March 20, 2024, initiated with a Buy rating and assigned the stock a target price of $19.

On January 29, 2024, Citigroup Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $14 to $20.

Wolfe Research Upgraded its Peer Perform to Outperform on January 22, 2024, while the target price for the stock was maintained at $17.

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 9317184512 and an Enterprise Value of 41392214016. As of this moment, American’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.80, and their Forward P/E ratio for the next fiscal year is 4.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17. Its current Enterprise Value per Revenue stands at 0.784 whereas that against EBITDA is 6.571.

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 -3.99%, while the 200-Day Moving Average is calculated to be -1.19%.

Shares Statistics:

According to the various share statistics, AAL traded on average about 31.81M shares per day over the past 3-months and 34101580 shares per day over the past 10 days. A total of 654.27M shares are outstanding, with a floating share count of 642.93M. Insiders hold about 2.00% of the company’s shares, while institutions hold 52.28% stake in the company. Shares short for AAL as of 1711584000 were 40560830 with a Short Ratio of 1.28, compared to 1709164800 on 37805747. Therefore, it implies a Short% of Shares Outstanding of 40560830 and a Short% of Float of 7.0300005.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 1.27.

Most Popular

[the_ad id="945"]