American Airlines Group Inc. (NASDAQ:AAL) Given Average Rating of “Moderate Buy” by Brokerages

Shares of American Airlines Group Inc. (NASDAQ:AAL) have earned an average rating of “Moderate Buy” from the nineteen brokerages that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, nine have assigned a buy rating and two have issued a strong buy rating on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $15.68.

A number of equities research analysts have issued reports on AAL shares. Redburn Partners raised American Airlines Group from a “neutral” rating to a “buy” rating and set a $24.00 price target on the stock in a research report on Wednesday, February 26th. StockNews.com cut shares of American Airlines Group from a “buy” rating to a “hold” rating in a report on Thursday, March 13th. Raymond James decreased their price target on shares of American Airlines Group from $15.00 to $14.00 and set an “outperform” rating for the company in a research note on Friday, April 25th. TD Cowen increased their price objective on shares of American Airlines Group to $13.00 and gave the company an “unchanged” rating in a research report on Friday, April 25th. Finally, UBS Group reduced their price objective on shares of American Airlines Group from $13.00 to $9.00 and set a “neutral” rating on the stock in a report on Monday, April 7th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Voloridge Investment Management LLC acquired a new position in shares of American Airlines Group in the 4th quarter valued at $60,190,000. Primecap Management Co. CA grew its position in American Airlines Group by 5.0% during the 4th quarter. Primecap Management Co. CA now owns 60,225,707 shares of the airline’s stock worth $1,049,734,000 after purchasing an additional 2,886,041 shares during the last quarter. Nearwater Capital Markets Ltd acquired a new position in American Airlines Group in the first quarter valued at $29,012,000. Two Sigma Advisers LP purchased a new stake in shares of American Airlines Group in the fourth quarter valued at about $42,693,000. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in shares of American Airlines Group during the fourth quarter worth about $40,333,000. Institutional investors and hedge funds own 52.44% of the company’s stock.

American Airlines Group Stock Performance

NASDAQ AAL opened at $11.86 on Wednesday. The firm has a market cap of $7.82 billion, a price-to-earnings ratio of 10.40, a PEG ratio of 0.21 and a beta of 1.31. The firm has a 50 day simple moving average of $10.47 and a 200-day simple moving average of $14.04. American Airlines Group has a one year low of $8.50 and a one year high of $19.10.

American Airlines Group (NASDAQ:AAL) last issued its quarterly earnings results on Thursday, April 24th. The airline reported ($0.59) EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $12.71 billion. During the same quarter last year, the company posted ($0.34) EPS. The firm’s revenue was down .2% compared to the same quarter last year. Equities analysts predict that American Airlines Group will post 2.42 EPS for the current fiscal year.

About American Airlines Group

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.