American Airlines Group Inc. (NASDAQ:AAL) stock went on an upward path that rose over 2.11%, amounting to a one-week price increase of more than 4.71%. Over the last 12 months, AAL stock dropped by -14.77%. The one-year AAL stock forecast points to a potential downside of -0.16, with the average price target set at $35.72 per share. The average equity rating for AAL stock is currently 2.50, trading closer to a bullish pattern in the stock market.
The market cap for AAL stock reached $13.31 billion, with 436.82 million shares outstanding and 433.79 million shares in the current float. Compared to the average trading volume of 8.08M shares, AAL reached a trading volume of 9288120 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about American Airlines Group Inc. (AAL):
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AAL shares is $35.41 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AAL stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for American Airlines Group Inc. shares, keeping their opinion on the stock as Sell, with their previous recommendation back on November 13, 2019. While these analysts kept the previous recommendation, Citigroup raised their target price to Sell. The new note on the price target was released on October 31, 2019, representing the official price target for American Airlines Group Inc. stock. Previously, the target price had yet another raise to $35, while Berenberg analysts kept a Buy rating on AAL stock. On July 29, 2019, analysts decreased their price target for AAL shares from 43 to 34.
The Average True Range (ATR) for American Airlines Group Inc. is set at 1.06, with the Price to Sales ratio for AAL stock in the period of the last 12 months amounting to 0.29. The Price to Book ratio for the last quarter was 84.64, with the Price to Cash per share for the same quarter was set at 11.83. Quick ratio for the last quarter at 0.40.
AAL stock trade performance evaluation
American Airlines Group Inc. (AAL) gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.71. With this latest performance, AAL shares gained by 11.24% in over the last four-week period, additionally plugging by 10.76% over the last 6 months – not to mention a drop of -14.77% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AAL stock in for the last two-week period is set at 64.04, with the RSI for the last a single of trading hit 69.10, and the three-weeks RSI is set at 59.91 for American Airlines Group Inc. (AAL). The present Moving Average for the last 50 days of trading for this stock 27.98, while it was recorded at 29.16 for the last single week of trading, and 29.33 for the last 200 days.
Earnings per share (EPS) analysis for American Airlines Group Inc. (AAL) stock
With the latest financial reports released by the company, American Airlines Group Inc. posted 0.52/share EPS, while the average EPS was predicted by analysts to be reported at 0.51/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 2.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AAL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for American Airlines Group Inc. go to 10.31%.
American Airlines Group Inc. (AAL): Insider Ownership positions
There are presently around $10,671 million, or 81.70% of AAL stock, in the hands of institutional investors. The top three institutional holders of AAL stocks are: PRIMECAP MANAGEMENT CO/CA/ with ownership of 68,471,346, which is approximately -0.133% of the company’s market cap and around 0.20% of the total institutional ownership; BERKSHIRE HATHAWAY INC, holding 43,700,000 shares of the stock with an approximate value of $1.3 billion in AAL stocks shares; and VANGUARD GROUP INC, currently with $1.28 billion in AAL stock with ownership of nearly 1.827% of the company’s market capitalization.
241 institutional holders increased their position in American Airlines Group Inc. (NASDAQ:AAL) by around 22,780,781 shares. Additionally, 248 investors decreased positions by around 24,624,435 shares, while 108 investors held positions by with 310,210,845 shares. The mentioned changes placed institutional holdings at 357,616,061 shares, according to the latest SEC report filing. AAL stock had 67 new institutional investments in for a total of 8,875,221 shares, while 65 institutional investors sold positions of 2,242,466 shares during the same period.