What is American Airlines Group Inc. (AAL) Price Targets?

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American Airlines Group Inc. (NASDAQ:AAL) saw a downside of -1.04% to close Monday at $16.17 after subtracting -$0.17 on the day. The 5-day average trading volume is 30,748,141 shares of the company’s common stock. It has gained $17.64 in the past week and touched a new high 2 times within the past 5 days. An average of 31,302,070 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 27,814,025.

AAL’s 1-month performance is 29.05% or $3.46 on its low of $12.25 reached on 12/28/22. The company’s shares have touched a 52-week low of $11.65 and high of $21.42, with the stock’s rally to the 52-week high happening on 01/18/23. YTD, AAL has achieved 27.12% or $3.45 and has reached a new high 11 times. However, the current price is down -24.51% from the 52-week high price.


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Insider Transactions

AAL stock investors last saw insider trading activity on Nov 22.Raja Vasu (EVP Chief Commercial Officer) most recently sold 12,775 shares at $13.84 per share on Nov 22. This transaction cost the insider $176,806. EVP Chief Commercial Officer, Raja Vasu, sold 6,609 shares at a price of $14.29 on Nov 18. Then, on Oct 18, EVP Chief Commercial Officer Raja Vasu sold 1,851 shares at a price of $13.59 per share. This transaction amounted to $25,155.

Valuation Metrics

AAL stock has a beta of 1.50. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.23 while the price to cash flow ratio at 3.29.

American Airlines Group Inc.’s quick ratio for the period ended September 29 was 0.70, with the current ratio over the same period at 0.80. In terms of profitability, the gross margin trailing 12 months is 57.40%. The firm’s gross profit as reported stood at $2.05 billion against revenue of $29.88 billion.

Earnings Surprise

For the quarterly period ending September 29 this year, American Airlines Group Inc.’s cash and short-term investments amounted to $14.24 billion against total debt of $44.68 billion. Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 1519.53% to $169.0 million, while revenue of $19.0 million was 88.76% off the previous quarter. Analysts expected AAL to announce $0.56 per share in earnings in its latest quarter, but it posted $0.69, representing a 23.20% surprise. EBITDA for the quarter stood at more than $930.0 million. AAL stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 74.55 billion, with total debt at $44.68 billion. Shareholders hold equity totaling $649.9 million.

Let’s look briefly at American Airlines Group Inc. (AAL) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 23 January was 65.67% to suggest the stock is trending Neutral, with historical volatility in this time period at 53.39%.

The stock’s 5-day moving average is $16.50, reflecting a -4.99% or -$0.85 change from its current price. AAL is currently trading +24.10% above its 20-day SMA, +19.69% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +13.47% and SMA200 by-9.36%.

Stochastic %K and %D was 73.47% and 78.46% and the average true range (ATR) pointed at 0.62. The RSI (14) points at 65.33%, while the 14-day stochastic is at 71.26% with the period’s ATR at 0.61. The stock’s 9-day MACD Oscillator is pointing at -0.06 and 0.83 on the 14-day charts.

Analyst Ratings

Analysts offering their rating for AAL stock have a consensus rating for the stock as Hold. Currently, 2 brokerage advisors rate AAL as a “sell,”, while 15 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 1 rates the stock as overweight while 2 have offered a “buy” rating.

What is AAL’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $8.00 and a high of $26.00, with their median price target at $15.00. Looking at these predictions, the average price target given by analysts is for American Airlines Group Inc. (AAL) stock is $16.43.

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