Zacks Research Issues Optimistic Outlook for AAL Earnings

American Airlines Group Inc. (NASDAQ:AAL - Free Report) - Research analysts at Zacks Research raised their Q4 2024 earnings per share (EPS) estimates for shares of American Airlines Group in a note issued to investors on Thursday, November 14th. Zacks Research analyst M. Basu now expects that the airline will earn $0.47 per share for the quarter, up from their previous forecast of $0.37. The consensus estimate for American Airlines Group's current full-year earnings is $1.49 per share. Zacks Research also issued estimates for American Airlines Group's Q2 2025 earnings at $1.08 EPS.

American Airlines Group (NASDAQ:AAL - Get Free Report) last released its earnings results on Thursday, October 24th. The airline reported $0.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.14. American Airlines Group had a negative return on equity of 18.62% and a net margin of 0.51%. The business had revenue of $13.65 billion for the quarter, compared to the consensus estimate of $13.50 billion. During the same quarter in the previous year, the business earned $0.38 earnings per share. American Airlines Group's quarterly revenue was up 1.2% on a year-over-year basis.

AAL has been the subject of several other reports. Bank of America upped their target price on shares of American Airlines Group from $9.00 to $10.00 and gave the stock an "underperform" rating in a research report on Friday, October 25th. Barclays upgraded shares of American Airlines Group from an "underweight" rating to an "equal weight" rating and raised their price objective for the company from $10.00 to $16.00 in a research report on Thursday. Redburn Atlantic upgraded shares of American Airlines Group to a "hold" rating in a report on Tuesday, September 3rd. Jefferies Financial Group lifted their price target on shares of American Airlines Group from $10.00 to $11.00 and gave the stock a "hold" rating in a research note on Wednesday, October 2nd. Finally, Evercore ISI upped their price target on shares of American Airlines Group from $10.00 to $12.00 and gave the stock an "in-line" rating in a research report on Thursday, October 3rd. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $13.96.

American Airlines Group Trading Down 0.8 %

NASDAQ AAL traded down $0.12 during trading hours on Monday, hitting $14.27. The company's stock had a trading volume of 14,755,398 shares, compared to its average volume of 34,229,414. The company's 50-day simple moving average is $12.28 and its two-hundred day simple moving average is $11.76. American Airlines Group has a 52 week low of $9.07 and a 52 week high of $16.15. The company has a market capitalization of $9.38 billion, a PE ratio of 43.67, a price-to-earnings-growth ratio of 0.26 and a beta of 1.39.

Institutional Trading of American Airlines Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Beaird Harris Wealth Management LLC grew its position in American Airlines Group by 51.3% during the first quarter. Beaird Harris Wealth Management LLC now owns 2,345 shares of the airline's stock worth $36,000 after buying an additional 795 shares in the last quarter. Blue Trust Inc. lifted its position in American Airlines Group by 56.2% during the 3rd quarter. Blue Trust Inc. now owns 2,533 shares of the airline's stock valued at $29,000 after acquiring an additional 911 shares during the period. UMB Bank n.a. raised its holdings in American Airlines Group by 404.3% in the second quarter. UMB Bank n.a. now owns 2,824 shares of the airline's stock worth $32,000 after buying an additional 2,264 shares during the last quarter. Sentry Investment Management LLC purchased a new position in shares of American Airlines Group during the second quarter valued at approximately $36,000. Finally, ORG Partners LLC bought a new stake in American Airlines Group during the second quarter valued at approximately $36,000. 52.44% of the stock is owned by 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.