Seaport Res Ptn Issues Pessimistic Forecast for AAL Earnings

American Airlines Group Inc. (NASDAQ:AAL - Free Report) - Stock analysts at Seaport Res Ptn cut their FY2026 earnings per share estimates for American Airlines Group in a report released on Tuesday, April 8th. Seaport Res Ptn analyst D. Mckenzie now forecasts that the airline will earn $2.35 per share for the year, down from their previous estimate of $2.50. The consensus estimate for American Airlines Group's current full-year earnings is $2.42 per share.

American Airlines Group (NASDAQ:AAL - Get Free Report) last issued its earnings results on Thursday, January 23rd. The airline reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.47. American Airlines Group had a negative return on equity of 28.56% and a net margin of 1.56%.

Several other equities analysts also recently issued reports on AAL. TD Cowen boosted their price objective on American Airlines Group to $26.00 and gave the stock a "buy" rating in a research report on Thursday, March 13th. Redburn Atlantic raised American Airlines Group from a "neutral" rating to a "buy" rating and increased their price target for the stock from $18.00 to $24.00 in a research note on Wednesday, February 26th. Susquehanna reduced their price objective on shares of American Airlines Group from $18.00 to $10.00 and set a "neutral" rating for the company in a report on Monday, April 7th. Redburn Partners raised shares of American Airlines Group from a "neutral" rating to a "buy" rating and set a $24.00 target price on the stock in a research note on Wednesday, February 26th. Finally, JPMorgan Chase & Co. lowered their price target on American Airlines Group from $30.00 to $26.00 and set an "overweight" rating on the stock in a research report on Monday, March 3rd. One analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $16.95.

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American Airlines Group Trading Down 1.2 %

American Airlines Group stock traded down $0.12 during midday trading on Wednesday, reaching $9.55. 31,109,948 shares of the stock traded hands, compared to its average volume of 37,526,664. American Airlines Group has a fifty-two week low of $8.50 and a fifty-two week high of $19.10. The firm has a market cap of $6.28 billion, a price-to-earnings ratio of 8.38, a PEG ratio of 0.21 and a beta of 1.17. The firm has a fifty day moving average price of $12.85 and a two-hundred day moving average price of $14.38.

Insiders Place Their Bets

In other news, SVP Angela Owens sold 51,906 shares of the company's stock in a transaction on Monday, January 27th. The shares were 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 approximately $1,927,865.80. This represents a 31.59 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.49% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. FMR LLC increased its holdings in American Airlines Group by 33.9% in the third quarter. FMR LLC now owns 408,968 shares of the airline's stock worth $4,597,000 after buying an additional 103,506 shares during the last quarter. Benjamin Edwards Inc. bought a new position in shares of American Airlines Group during the 3rd quarter valued at $128,000. Integrated Wealth Concepts LLC lifted its stake in shares of American Airlines Group by 7.2% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 33,716 shares of the airline's stock valued at $379,000 after purchasing an additional 2,278 shares during the last quarter. Quantinno Capital Management LP boosted its holdings in American Airlines Group by 650.8% in the third quarter. Quantinno Capital Management LP now owns 307,359 shares of the airline's stock worth $3,455,000 after purchasing an additional 266,424 shares in the last quarter. Finally, United Services Automobile Association increased its position in American Airlines Group by 73.3% during the third quarter. United Services Automobile Association now owns 30,707 shares of the airline's stock worth $345,000 after buying an additional 12,985 shares during the last quarter. 52.44% of the stock is owned by institutional investors and hedge funds.

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.