American Airlines Group Inc. (NASDAQ:AAL) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of American Airlines Group Inc. (NASDAQ:AAL) have earned an average recommendation of “Moderate Buy” from the eighteen research firms that are covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and eleven have given a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $17.53.

AAL has been the topic of a number of research reports. Morgan Stanley reiterated an “overweight” rating and issued a $20.00 price objective on shares of American Airlines Group in a research note on Tuesday, March 5th. Citigroup reissued a “buy” rating and issued a $20.00 price objective on shares of American Airlines Group in a report on Thursday, March 14th. Seaport Res Ptn raised American Airlines Group from a “neutral” rating to a “buy” rating in a report on Friday, January 26th. TD Cowen raised shares of American Airlines Group from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $14.00 to $21.00 in a report on Friday, January 26th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of American Airlines Group from $19.00 to $22.00 and gave the company an “overweight” rating in a report on Friday, January 26th.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in shares of American Airlines Group by 0.9% during the 3rd quarter. Vanguard Group Inc. now owns 78,888,859 shares of the airline’s stock valued at $1,010,566,000 after acquiring an additional 667,660 shares during the last quarter. U S Global Investors Inc. increased its stake in American Airlines Group by 18.7% during the fourth quarter. U S Global Investors Inc. now owns 12,675,358 shares of the airline’s stock worth $174,159,000 after purchasing an additional 2,001,247 shares during the period. Invesco Ltd. grew its holdings in shares of American Airlines Group by 28.3% in the third quarter. Invesco Ltd. now owns 12,119,358 shares of the airline’s stock valued at $155,249,000 after purchasing an additional 2,672,793 shares in the last quarter. Northern Trust Corp increased its stake in American Airlines Group by 2.1% during the 3rd quarter. Northern Trust Corp now owns 4,748,260 shares of the airline’s stock worth $60,825,000 after buying an additional 98,130 shares during the period. Finally, Jupiter Asset Management Ltd. acquired a new position in shares of American Airlines Group in the third quarter worth $59,411,000. 52.44% of the stock is owned by hedge funds and other institutional investors.

American Airlines Group Price Performance

NASDAQ AAL opened at $13.85 on Friday. The stock’s fifty day moving average price is $14.34 and its 200 day moving average price is $13.68. American Airlines Group has a 1 year low of $10.86 and a 1 year high of $19.08. The company has a market cap of $9.09 billion, a price-to-earnings ratio of 23.08, a PEG ratio of 0.20 and a beta of 1.57.

American Airlines Group (NASDAQ:AAL) last announced its quarterly earnings data on Thursday, April 25th. The airline reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.28) by ($0.06). American Airlines Group had a negative return on equity of 31.65% and a net margin of 0.94%. The firm had revenue of $12.57 billion during the quarter, compared to analysts’ expectations of $12.60 billion. During the same quarter in the previous year, the business earned $0.05 earnings per share. The company’s revenue for the quarter was up 3.1% compared to the same quarter last year. Research analysts expect that American Airlines Group will post 2.54 earnings per share for the current year.

American Airlines Group Company Profile

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.