American Airlines Group Inc. (NASDAQ:AAL) Receives Consensus Rating of "Hold" from Analysts

Shares of American Airlines Group Inc. (NASDAQ:AAL - Get Free Report) have earned an average recommendation of "Hold" from the sixteen ratings firms that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $13.40.

A number of brokerages have commented on AAL. TD Securities lowered their target price on American Airlines Group from $10.00 to $7.00 in a report on Friday, July 26th. JPMorgan Chase & Co. increased their price objective on American Airlines Group from $15.00 to $20.00 and gave the company an "overweight" rating in a research note on Friday. Sanford C. Bernstein downgraded shares of American Airlines Group from an "outperform" rating to a "market perform" rating and cut their target price for the company from $18.00 to $12.00 in a research note on Monday, July 22nd. Redburn Atlantic upgraded shares of American Airlines Group to a "hold" rating in a report on Tuesday, September 3rd. Finally, Jefferies Financial Group boosted their price objective on shares of American Airlines Group from $10.00 to $11.00 and gave the company a "hold" rating in a research report on Wednesday, October 2nd.

American Airlines Group Trading Up 2.9 %

Shares of NASDAQ:AAL traded up $0.37 during midday trading on Friday, hitting $13.15. 44,350,761 shares of the stock were exchanged, compared to its average volume of 34,918,906. American Airlines Group has a twelve month low of $9.07 and a twelve month high of $16.15. The company has a 50 day moving average price of $11.28 and a 200-day moving average price of $11.77. The stock has a market cap of $8.63 billion, a P/E ratio of 21.92, a PEG ratio of 0.26 and a beta of 1.43.

American Airlines Group (NASDAQ:AAL - Get Free Report) last announced its earnings results on Thursday, October 24th. The airline reported $0.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.16 by $0.14. The company had revenue of $13.65 billion during the quarter, compared to analysts' expectations of $13.50 billion. American Airlines Group had a negative net margin of 0.23% and a negative return on equity of 19.49%. The firm's quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.38 earnings per share. On average, equities research analysts expect that American Airlines Group will post 1.22 earnings per share for the current year.

Institutional Investors Weigh In On American Airlines Group

Several institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in shares of American Airlines Group by 1.1% in the first quarter. Vanguard Group Inc. now owns 76,177,845 shares of the airline's stock valued at $1,169,330,000 after buying an additional 806,770 shares in the last quarter. Primecap Management Co. CA boosted its holdings in American Airlines Group by 34.4% in the 2nd quarter. Primecap Management Co. CA now owns 56,881,356 shares of the airline's stock worth $644,466,000 after acquiring an additional 14,549,310 shares during the period. U S Global Investors Inc. grew its position in American Airlines Group by 5.9% in the third quarter. U S Global Investors Inc. now owns 9,088,188 shares of the airline's stock valued at $102,151,000 after acquiring an additional 508,119 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of American Airlines Group by 75.5% during the second quarter. Dimensional Fund Advisors LP now owns 4,240,659 shares of the airline's stock valued at $48,047,000 after purchasing an additional 1,823,928 shares during the period. Finally, SG Americas Securities LLC lifted its position in shares of American Airlines Group by 743.1% during the third quarter. SG Americas Securities LLC now owns 1,246,742 shares of the airline's stock worth $14,013,000 after purchasing an additional 1,098,865 shares in the last quarter. 52.44% of the stock is currently owned by hedge funds and other institutional investors.

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.