Research Analysts’ Weekly Ratings Updates for American Airlines Group (AAL)

A number of firms have modified their ratings and price targets on shares of American Airlines Group (NASDAQ: AAL) recently:

  • 11/16/2019 – American Airlines Group was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 11/12/2019 – American Airlines Group is now covered by analysts at UBS Group AG. They set a “sell” rating and a $27.00 price target on the stock.
  • 11/7/2019 – American Airlines Group was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 11/6/2019 – American Airlines Group was downgraded by analysts at Goldman Sachs Group Inc to a “neutral” rating.
  • 10/31/2019 – American Airlines Group is now covered by analysts at Citigroup Inc. They set a “sell” rating and a $27.00 price target on the stock.
  • 10/30/2019 – American Airlines Group had its “equal weight” rating reaffirmed by analysts at Barclays PLC.
  • 10/29/2019 – American Airlines Group was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 10/23/2019 – American Airlines Group had its “top pick” rating reaffirmed by analysts at Royal Bank of Canada.
  • 10/23/2019 – American Airlines Group had its “sell” rating reaffirmed by analysts at UBS Group AG.
  • 10/23/2019 – American Airlines Group had its “buy” rating reaffirmed by analysts at Deutsche Bank AG.
  • 10/21/2019 – American Airlines Group had its price target lowered by analysts at Buckingham Research from $43.00 to $42.00. They now have a “buy” rating on the stock.
  • 10/17/2019 – American Airlines Group had its “outperform” rating reaffirmed by analysts at Credit Suisse Group AG.
  • 10/15/2019 – American Airlines Group was given a new $35.00 price target on by analysts at Berenberg Bank. They now have a “buy” rating on the stock.
  • 10/10/2019 – American Airlines Group had its price target lowered by analysts at Morgan Stanley from $25.00 to $24.00. They now have an “underweight” rating on the stock.
  • 10/9/2019 – American Airlines Group was given a new $36.00 price target on by analysts at Cowen Inc. They now have a “buy” rating on the stock.
  • 10/2/2019 – American Airlines Group was upgraded by analysts at ValuEngine from a “strong sell” rating to a “sell” rating.
  • 9/23/2019 – American Airlines Group was downgraded by analysts at Bank of America Corp to a “hold” rating. They now have a $31.00 price target on the stock.

AAL stock opened at $28.86 on Monday. The stock has a market capitalization of $12.60 billion, a PE ratio of 6.34, a price-to-earnings-growth ratio of 1.88 and a beta of 1.69. American Airlines Group Inc has a 12-month low of $24.23 and a 12-month high of $40.58. The company has a current ratio of 0.49, a quick ratio of 0.40 and a debt-to-equity ratio of 135.16. The stock’s 50 day simple moving average is $28.57 and its 200 day simple moving average is $29.90.

American Airlines Group (NASDAQ:AAL) last released its quarterly earnings data on Thursday, October 24th. The airline reported $1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.04. The business had revenue of $11.91 billion for the quarter, compared to analysts’ expectations of $11.93 billion. American Airlines Group had a negative return on equity of 1,294.15% and a net margin of 3.50%. The firm’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the firm posted $1.13 EPS. On average, research analysts predict that American Airlines Group Inc will post 5 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, November 5th. This represents a $0.40 dividend on an annualized basis and a yield of 1.39%. American Airlines Group’s dividend payout ratio is currently 8.79%.

In other American Airlines Group news, President Robert D. Isom, Jr. purchased 2,500 shares of the business’s stock in a transaction on Thursday, August 29th. The stock was acquired at an average price of $26.34 per share, for a total transaction of $65,850.00. Following the purchase, the president now owns 771,271 shares of the company’s stock, valued at approximately $20,315,278.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director James F. Albaugh purchased 10,000 shares of the business’s stock in a transaction on Monday, October 28th. The stock was acquired at an average price of $31.41 per share, with a total value of $314,100.00. Following the purchase, the director now directly owns 36,091 shares in the company, valued at approximately $1,133,618.31. The disclosure for this purchase can be found here. 0.86% of the stock is currently owned by company insiders.

A number of hedge funds have recently modified their holdings of the business. DNB Asset Management AS grew its position in shares of American Airlines Group by 23.4% during the second quarter. DNB Asset Management AS now owns 18,425 shares of the airline’s stock valued at $601,000 after purchasing an additional 3,489 shares in the last quarter. Douglas Lane & Associates LLC grew its position in shares of American Airlines Group by 3.9% during the second quarter. Douglas Lane & Associates LLC now owns 334,324 shares of the airline’s stock valued at $10,902,000 after purchasing an additional 12,447 shares in the last quarter. Norman Fields Gottscho Capital Management LLC grew its position in shares of American Airlines Group by 5.8% during the second quarter. Norman Fields Gottscho Capital Management LLC now owns 36,305 shares of the airline’s stock valued at $1,184,000 after purchasing an additional 2,000 shares in the last quarter. Crossmark Global Holdings Inc. grew its position in shares of American Airlines Group by 3.4% during the second quarter. Crossmark Global Holdings Inc. now owns 42,799 shares of the airline’s stock valued at $1,396,000 after purchasing an additional 1,404 shares in the last quarter. Finally, Packer & Co Ltd grew its position in shares of American Airlines Group by 50.4% during the second quarter. Packer & Co Ltd now owns 638,400 shares of the airline’s stock valued at $20,818,000 after purchasing an additional 214,000 shares in the last quarter. Institutional investors and hedge funds own 80.26% of the company’s stock.

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. It provides scheduled air transportation services for passengers and cargo. As of December 31, 2018, the company operated a mainline fleet of 956 aircraft. It serves 350 destinations in approximately 50 countries, principally from its hubs in Charlotte, Chicago, Dallas/Fort Worth, London Heathrow, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC The company was formerly known as AMR Corporation and changed its name to American Airlines Group Inc in December 2013.

Featured Story: How to read a candlestick chart

Receive News & Ratings for American Airlines Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Airlines Group Inc and related companies with MarketBeat.com's FREE daily email newsletter.