In yesterday’s Wall Street session, American Airlines Group Inc (NASDAQ:AAL) shares traded at $17.20, up 1.42% from the previous session.
AAL stock price is now 4.40% away from the 50-day moving average and 31.82% away from the 200-day moving average. The market capitalization of the company currently stands at $11.30B.
With the price target enhanced from $12 to $20, BofA Securities Upgraded its rating from Underperform to Neutral for American Airlines Group Inc (NASDAQ: AAL). On January 06, 2025, TD Cowen Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock increasing its target price from $17 to quote $25, while ‘Melius’ rates the stock as ‘Buy’
In other news, Owens Angela, Officer bought 51,906 shares of the company’s stock on Jan 27 ’25. The stock was bought for $890,311 at an average price of $17.15. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 27 ’24, CEO and President Isom Robert D Jr sold 102,441 shares of the business’s stock. A total of $1,763,512 was realized by selling the stock at an average price of $17.21. This leaves the insider owning 2,967,984 shares of the company worth $51.05 million. A total of 1.26% of the company’s stock is owned by insiders.
During the past 12 months, American Airlines Group Inc has had a low of $9.07 and a high of $19.10. According to the stock market information, the enterprise value for the company is $42485063680, which is based on a 15.18 price-to-earnings ratio, a 0.63 price-to-earnings-growth ratio, and a beta of 1.35. The fifty day moving average price for AAL is $16.4142 and a two-hundred day moving average price translates $13.03165 for the stock.
The latest earnings results from American Airlines Group Inc (NASDAQ: AAL) was released for 2024-09-30. The company reported revenue of $13.65 billion for the quarter, compared to $13.48 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.22 percent. For the current quarter, analysts expect AAL to generate $13.11B in revenue.
