American Airlines Group’s (AAL) “Hold” Rating Reiterated at Stephens

American Airlines Group (NASDAQ:AAL)‘s stock had its “hold” rating reiterated by research analysts at Stephens in a report released on Friday. They currently have a $61.00 price target on the airline’s stock. Stephens’ price objective would suggest a potential upside of 14.94% from the company’s previous close.

Several other equities analysts also recently weighed in on the company. Buckingham Research reiterated a “buy” rating and set a $71.00 target price (up from $66.00) on shares of American Airlines Group in a research report on Thursday, January 11th. Imperial Capital reiterated an “in-line” rating and issued a $53.00 target price (up from $47.00) on shares of American Airlines Group in a research report on Thursday, January 11th. Citigroup boosted their target price on American Airlines Group to $65.00 and gave the stock a “buy” rating in a research report on Thursday, January 11th. Bank of America upgraded American Airlines Group from an “underperform” rating to a “buy” rating and set a $64.00 target price on the stock in a research report on Tuesday, January 9th. Finally, BidaskClub downgraded American Airlines Group from a “buy” rating to a “hold” rating in a research report on Friday, January 5th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $61.10.

American Airlines Group (NASDAQ:AAL) traded up $0.02 during midday trading on Friday, reaching $53.07. The company had a trading volume of 7,054,952 shares, compared to its average volume of 4,960,000. The stock has a market capitalization of $25,390.00, a P/E ratio of 13.57, a PEG ratio of 4.13 and a beta of 0.99. The company has a quick ratio of 0.57, a current ratio of 0.61 and a debt-to-equity ratio of 5.73. American Airlines Group has a 12 month low of $39.21 and a 12 month high of $59.08.

American Airlines Group (NASDAQ:AAL) last released its earnings results on Thursday, January 25th. The airline reported $0.95 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.92 by $0.03. The company had revenue of $10.60 billion for the quarter, compared to the consensus estimate of $10.59 billion. American Airlines Group had a return on equity of 63.78% and a net margin of 4.55%. American Airlines Group’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.92 earnings per share. sell-side analysts anticipate that American Airlines Group will post 5.92 earnings per share for the current fiscal year.

In other American Airlines Group news, CEO W Douglas Parker sold 224,572 shares of the business’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $52.32, for a total transaction of $11,749,607.04. Following the sale, the chief executive officer now directly owns 1,925,242 shares of the company’s stock, valued at $100,728,661.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Alberto Ibarguen sold 4,229 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $47.60, for a total value of $201,300.40. The disclosure for this sale can be found here. Insiders own 0.64% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Boston Partners bought a new position in shares of American Airlines Group during the third quarter valued at approximately $113,633,000. Hosking Partners LLP boosted its holdings in shares of American Airlines Group by 0.4% in the third quarter. Hosking Partners LLP now owns 2,344,886 shares of the airline’s stock valued at $111,359,000 after purchasing an additional 9,522 shares during the period. Schwab Charles Investment Management Inc. boosted its holdings in shares of American Airlines Group by 2.7% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,591,044 shares of the airline’s stock valued at $82,783,000 after purchasing an additional 42,130 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of American Airlines Group by 1.0% in the second quarter. Dimensional Fund Advisors LP now owns 1,501,694 shares of the airline’s stock valued at $75,560,000 after purchasing an additional 14,974 shares during the period. Finally, Cyrus Capital Partners L.P. purchased a new stake in shares of American Airlines Group in the second quarter valued at approximately $75,480,000. 81.27% of the stock is currently owned by institutional investors.

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American Airlines Group Company Profile

American Airlines Group Inc is a holding company. The Company’s primary business activity is the operation of a network air carrier, providing scheduled air transportation for passengers and cargo. The Company operates through American segment, which provides air transportation for passengers and cargo.

Analyst Recommendations for American Airlines Group (NASDAQ:AAL)

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