As of Thursday close, American Airlines Group Inc.’s (NASDAQ:AAL) stock was down -$0.04, moving down -0.27 percent to $14.73. The average number of shares traded per day over the past five days has been 18,235,520 shares. 3 times new highs have been achieved over the past 5 days, with a $0.16 gain in that time frame. In the last twenty days, the average volume was 20,684,404, while in the previous 50 days, it was 23,439,342.
Since last month, AAL stock retreated -7.65%. Shares of the company fell to $14.42 on 08/25/23, the lowest level in the past month. A 52-week high of $19.08 was reached on 07/13/23 after having rallying from a 52-week low of $11.65. Since the beginning of this year, AAL’s stock price has risen by 15.80% or $2.01, and marked a new high 20 times. However, the stock has declined by -22.80% since its 52-week high.
AAL stock investors should be aware that American Airlines Group Inc. (AAL) stock had its last reported insider trading activity 109 days ago on May 15. STEENLAND DOUGLAS M, the Director of the company, disposed of 1,950 shares for $14.10 on May 15. It resulted in a $27,495 divestment by the insider. STEENLAND DOUGLAS M sold 2,000 shares at an average price of $13.88 on May 12. The insider now owns 31,686 shares following the transaction. On May 01, SVP Corporate Controller Owens Angela sold 21,984 shares at $13.79 apiece. The transaction was valued at $303,159.
Valuation Metrics
Right now, American Airlines Group Inc. (AAL) has a P/E ratio of about 3.89. The stock’s beta is 1.57.
The latest dividend of $0.10 per share was paid out, remained unchanged from last year’s $0.10.
Financial Health
In the three months ended June 29, American Airlines Group Inc.’s quick ratio stood at 0.70, while its current ratio was 0.70, showing that the company is not able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 61.60% percent. In the year ended June 29, EBITDA margin amounted to 7.71%, whereas operating margins totaled 9.20%. Based on annual data, AAL earned $11.01 billion in gross profit and brought in $48.97 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 5.20%. Return on equity (ROE) for the past 12 months was -44.20%.
In American Airlines Group Inc.’s quarter-end financial report for June 29, it reported total debt of $30.77 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. AAL’s revenue rose 4.5% to $12.19 billion during the quarter, while net income inched up to $14.05 billion. While analysts expected American Airlines Group Inc. to report $1.59 quarterly earnings, the actual figure was $1.92 per share, beating the consensus estimate by 20.80%. During the quarter, the company generated $2.16 billion in EBITDA. The liabilities of American Airlines Group Inc. were 71.64 billion at the end of its most recent quarter ended June 29, and its total debt was $42.58 billion. The value of shareholders’ equity is $653.36 million.
Technical Picture
This quick technical analysis looks at American Airlines Group Inc.’s (AAL) price momentum. With a historical volatility rate of 16.93%, the RSI 9-day stood at 32.25% on 31 August.
With respect to its five-day moving average, the current American Airlines Group Inc. price is up by +1.10% percent or $0.16. At present, AAL shares trade -7.82% below its 20-day simple moving average and +4.10% percent above its 100-day simple moving average. However, the stock is currently trading approximately -9.63% below its SMA50 and -1.01% below its SMA200.
Stochastic coefficient K was 25.07% and Stochastic coefficient D was 22.45%, while ATR was 0.33. Given the Stochastic reading of 21.23% for the 14-day period, the RSI (14) reading has been calculated as 33.11%. As of today, the MACD Oscillator reading stands at 0.02, while the 14-day reading stands at -0.20.
Analyst Ratings
American Airlines Group Inc. downgraded its rating on American Airlines Group Inc. (NASDAQ: AAL) to a Neutral in a note to investors on August 07, 2023. The analysts firm previously had a Buy rating on the stock.American Airlines Group Inc. (AAL) has been rated Hold by analysts. According to 1 brokerage firm, AAL is a sell, and 16 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate American Airlines Group Inc. stock as buy, with 2 recommending it as overweight.
With a median target price of $18.00, the current consensus forecast for the stock is $11.00 – $29.00. Based on these forecasts, analysts predict American Airlines Group Inc. (AAL) will achieve an average price target of $18.51.
