American Airlines Group Inc. (NASDAQ:AAL) Receives $18.99 Average PT from Analysts

American Airlines Group Inc. (NASDAQ:AAL - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the twenty analysts that are currently covering the firm, Marketbeat reports. Seven research analysts have rated the stock with a hold rating, ten have given a buy rating and three have given a strong buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $18.88.

Several equities research analysts have recently issued reports on AAL shares. TD Cowen upgraded American Airlines Group from a "hold" rating to a "buy" rating and raised their price objective for the stock from $17.00 to $25.00 in a report on Monday, January 6th. Morgan Stanley lifted their price target on American Airlines Group from $18.00 to $22.00 and gave the company an "overweight" rating in a report on Wednesday, December 11th. Scotiabank upgraded shares of American Airlines Group from a "neutral" rating to a "buy" rating and set a $20.00 price objective on the stock in a report on Thursday, December 5th. Jefferies Financial Group upgraded shares of American Airlines Group from a "hold" rating to a "buy" rating and boosted their target price for the company from $12.00 to $20.00 in a report on Monday, January 6th. Finally, Citigroup increased their price target on shares of American Airlines Group from $19.00 to $23.00 and gave the stock a "buy" rating in a research note on Thursday, December 12th.

American Airlines Group Stock Performance

AAL stock traded up $0.11 during trading on Monday, hitting $17.17. The stock had a trading volume of 22,446,832 shares, compared to its average volume of 33,274,486. American Airlines Group has a 1-year low of $9.07 and a 1-year high of $19.10. The stock has a market cap of $11.28 billion, a price-to-earnings ratio of 15.06, a price-to-earnings-growth ratio of 0.24 and a beta of 1.35. The company's 50 day moving average price is $17.21 and its two-hundred day moving average price is $13.70.

American Airlines Group (NASDAQ:AAL - Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The airline reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.47. American Airlines Group had a net margin of 1.56% and a negative return on equity of 28.56%. As a group, sell-side analysts forecast that American Airlines Group will post 2.39 earnings per share for the current fiscal year.

Insider Activity

In other American Airlines Group news, SVP Angela Owens sold 51,906 shares of the company's stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $17.15, for a total value of $890,187.90. Following the transaction, the senior vice president now directly owns 112,412 shares of the company's stock, valued at $1,927,865.80. This represents a 31.59 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Robert D. Isom, Jr. sold 102,441 shares of the firm's stock in a transaction on Friday, December 27th. The stock was sold at an average price of $17.21, for a total transaction of $1,763,009.61. Following the transaction, the chief executive officer now directly owns 2,967,984 shares of the company's stock, valued at approximately $51,079,004.64. This represents a 3.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.49% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Golden State Wealth Management LLC acquired a new position in American Airlines Group in the fourth quarter worth $25,000. Brooklyn Investment Group boosted its holdings in shares of American Airlines Group by 133.1% in the 4th quarter. Brooklyn Investment Group now owns 1,592 shares of the airline's stock valued at $28,000 after buying an additional 909 shares during the period. Bfsg LLC grew its position in shares of American Airlines Group by 269.3% during the 4th quarter. Bfsg LLC now owns 2,057 shares of the airline's stock valued at $36,000 after buying an additional 1,500 shares during the last quarter. Blue Trust Inc. lifted its holdings in American Airlines Group by 56.2% in the third quarter. Blue Trust Inc. now owns 2,533 shares of the airline's stock worth $29,000 after acquiring an additional 911 shares during the last quarter. Finally, Quent Capital LLC boosted its position in American Airlines Group by 70.2% during the 4th quarter. Quent Capital LLC now owns 3,064 shares of the airline's stock valued at $53,000 after purchasing an additional 1,264 shares during the period. Institutional investors own 52.44% of the company's stock.

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.