Brokerages Anticipate American Airlines Group Inc (AAL) Will Announce Earnings of $0.53 Per Share

Equities analysts expect American Airlines Group Inc (NASDAQ:AAL) to report $0.53 earnings per share for the current quarter, according to Zacks. Five analysts have provided estimates for American Airlines Group’s earnings. The highest EPS estimate is $0.70 and the lowest is $0.35. American Airlines Group posted earnings of $0.61 per share during the same quarter last year, which suggests a negative year over year growth rate of 13.1%. The company is scheduled to report its next earnings report on Thursday, April 26th.

On average, analysts expect that American Airlines Group will report full year earnings of $5.69 per share for the current year, with EPS estimates ranging from $4.95 to $6.48. For the next fiscal year, analysts anticipate that the company will post earnings of $6.86 per share, with EPS estimates ranging from $6.00 to $8.20. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that cover American Airlines Group.

American Airlines Group (NASDAQ:AAL) last issued its quarterly earnings results on Thursday, January 25th. The airline reported $0.95 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.92 by $0.03. The business had revenue of $10.60 billion for the quarter, compared to the consensus estimate of $10.59 billion. American Airlines Group had a net margin of 4.55% and a return on equity of 63.78%. The firm’s quarterly revenue was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.92 EPS.

Several research analysts recently issued reports on AAL shares. JPMorgan Chase & Co. upgraded shares of American Airlines Group from a “neutral” rating to an “overweight” rating and set a $65.00 price target on the stock in a research report on Wednesday, November 1st. Morgan Stanley reiterated an “equal weight” rating on shares of American Airlines Group in a research report on Monday, November 13th. Bank of America upgraded shares of American Airlines Group from an “underperform” rating to a “buy” rating and set a $64.00 price target on the stock in a research report on Tuesday, January 9th. Buckingham Research reiterated a “buy” rating on shares of American Airlines Group in a research report on Friday, October 27th. Finally, Zacks Investment Research upgraded shares of American Airlines Group from a “strong sell” rating to a “hold” rating in a research report on Monday, November 13th. One research analyst has rated the stock with a sell rating, five have given a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $61.56.

In other American Airlines Group news, CEO W Douglas Parker sold 224,572 shares of the business’s stock in a transaction dated 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 completion of the sale, the chief executive officer now directly owns 1,925,242 shares of the company’s stock, valued at approximately $100,728,661.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard C. Kraemer sold 3,000 shares of the business’s stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $52.71, for a total value of $158,130.00. Following the sale, the director now directly owns 53,229 shares of the company’s stock, valued at $2,805,700.59. The disclosure for this sale can be found here. Insiders have sold a total of 271,463 shares of company stock valued at $14,202,001 over the last three months. Company insiders own 0.69% of the company’s stock.

Several hedge funds have recently made changes to their positions in the company. LSV Asset Management increased its stake in American Airlines Group by 1.1% during the 4th quarter. LSV Asset Management now owns 3,758,992 shares of the airline’s stock worth $195,580,000 after purchasing an additional 42,460 shares in the last quarter. Boston Partners increased its stake in American Airlines Group by 3.8% during the 4th quarter. Boston Partners now owns 2,484,614 shares of the airline’s stock worth $129,274,000 after purchasing an additional 91,833 shares in the last quarter. Hosking Partners LLP increased its stake in American Airlines Group by 0.4% during the 3rd quarter. Hosking Partners LLP now owns 2,344,886 shares of the airline’s stock worth $111,359,000 after purchasing an additional 9,522 shares in the last quarter. Schwab Charles Investment Management Inc. increased its stake in American Airlines Group by 2.7% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 1,591,044 shares of the airline’s stock worth $82,783,000 after purchasing an additional 42,130 shares in the last quarter. Finally, Cyrus Capital Partners L.P. bought a new stake in American Airlines Group during the 2nd quarter worth approximately $75,480,000. 81.20% of the stock is owned by institutional investors.

American Airlines Group (NASDAQ:AAL) opened at $50.88 on Wednesday. The stock has a market cap of $23,810.12, a PE ratio of 13.09, a P/E/G ratio of 1.08 and a beta of 0.96. The company has a current ratio of 0.61, a quick ratio of 0.52 and a debt-to-equity ratio of 5.73. American Airlines Group has a 52-week low of $39.21 and a 52-week high of $59.08.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 20th. Shareholders of record on Tuesday, February 6th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, February 5th. This represents a $0.40 annualized dividend and a yield of 0.79%. American Airlines Group’s dividend payout ratio is currently 10.23%.

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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.

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