American Airlines Group Inc. (NASDAQ:AAL) Receives $15.68 Consensus Target Price from Analysts

Shares of American Airlines Group Inc. (NASDAQ:AAL) have received an average rating of “Moderate Buy” from the nineteen brokerages that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation, nine have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $15.68.

AAL has been the subject of several research reports. The Goldman Sachs Group lowered shares of American Airlines Group from a “neutral” rating to a “sell” rating and lowered their price objective for the company from $16.00 to $8.00 in a research report on Tuesday, April 8th. Jefferies Financial Group reissued a “hold” rating and issued a $12.00 target price (down previously from $20.00) on shares of American Airlines Group in a research note on Tuesday, April 1st. Susquehanna reduced their target price on shares of American Airlines Group from $18.00 to $10.00 and set a “neutral” rating on the stock in a research note on Monday, April 7th. Raymond James reduced their target price on shares of American Airlines Group from $15.00 to $14.00 and set an “outperform” rating on the stock in a research note on Friday, April 25th. Finally, TD Cowen increased their target price on shares of American Airlines Group to $13.00 and gave the company an “unchanged” rating in a research note on Friday, April 25th.

American Airlines Group Stock Performance

AAL stock opened at $10.37 on Friday. American Airlines Group has a one year low of $8.50 and a one year high of $19.10. The company’s fifty day moving average price is $10.73 and its 200-day moving average price is $13.66. The company has a market capitalization of $6.84 billion, a PE ratio of 9.10, a price-to-earnings-growth ratio of 0.21 and a beta of 1.39.

American Airlines Group (NASDAQ:AAL) last released its quarterly earnings results on Thursday, April 24th. The airline reported ($0.59) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.69) by $0.10. American Airlines Group had a net margin of 1.56% and a negative return on equity of 28.56%. The company had revenue of $12.55 billion for the quarter, compared to the consensus estimate of $12.71 billion. During the same quarter in the prior year, the firm earned ($0.34) earnings per share. American Airlines Group’s revenue was down .2% on a year-over-year basis. On average, research analysts predict that American Airlines Group will post 2.42 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Avantax Advisory Services Inc. increased its position in American Airlines Group by 4.5% during the 4th quarter. Avantax Advisory Services Inc. now owns 14,751 shares of the airline’s stock valued at $257,000 after purchasing an additional 635 shares during the period. Oregon Public Employees Retirement Fund increased its position in American Airlines Group by 0.6% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 133,774 shares of the airline’s stock valued at $2,332,000 after purchasing an additional 774 shares during the period. M&T Bank Corp increased its position in American Airlines Group by 2.4% during the 4th quarter. M&T Bank Corp now owns 34,525 shares of the airline’s stock valued at $602,000 after purchasing an additional 794 shares during the period. Geneos Wealth Management Inc. increased its position in American Airlines Group by 11.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 9,558 shares of the airline’s stock valued at $101,000 after purchasing an additional 969 shares during the period. Finally, CIBC Asset Management Inc increased its position in American Airlines Group by 5.2% during the 4th quarter. CIBC Asset Management Inc now owns 19,987 shares of the airline’s stock valued at $348,000 after purchasing an additional 981 shares during the period. Hedge funds and other 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.