A new trading day began on November 20, 2023, with American Airlines Group Inc (NASDAQ: AAL) stock priced at $12.23, up 0.90% from the previous day of trading. During the day, the shares moved up to $12.45 and dropped to $12.17 before settling in for the closing price of $12.29. AAL’s price has ranged from $10.86 to $19.08 over the past 52 weeks.
Industrials Sector giant saw their annual sales surged by 16.28% over the last five years. Meanwhile, its annual earnings per share averaged 378.96%. With a float of $643.61 million, this company’s outstanding shares have now reached $650.64 million.
The firm has a total of 129700 workers. Let’s measure their productivity. In terms of profitability, gross margin is +18.45, operating margin of +3.68, and the pretax margin is +0.38.
American Airlines Group Inc (AAL) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Airlines Industry. The insider ownership of American Airlines Group Inc is 1.52%, while institutional ownership is 60.02%. The most recent insider transaction that took place on Nov 20, was worth 64,795. In this transaction EVP Chief Commercial Officer of this company sold 5,298 shares at a rate of $12.23, taking the stock ownership to the 339,170 shares. Before that another transaction happened on May 15, when Company’s Director sold 1,950 for $14.10, making the entire transaction worth $27,495. This insider now owns 29,736 shares in total.
American Airlines Group Inc (AAL) Recent Fiscal highlights
In its latest quarterly report, released on 9/29/2023, the company reported earnings of $0.38 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +0.26. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.28 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 378.96% per share during the next fiscal year.
American Airlines Group Inc (NASDAQ: AAL) Trading Performance Indicators
Here are American Airlines Group Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.58. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.15. Likewise, its price to free cash flow for the trailing twelve months is 3.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.18, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 1.89 in one year’s time.
Technical Analysis of American Airlines Group Inc (AAL)
Analysing the last 5-days average volume posted by the [American Airlines Group Inc, AAL], we can find that recorded value of 31.44 million was better than the volume posted last year of 27.17 million. As of the previous 9 days, the stock’s Stochastic %D was 64.74%. Additionally, its Average True Range was 0.39.
During the past 100 days, American Airlines Group Inc’s (AAL) raw stochastic average was set at 18.73%, which indicates a significant decrease from 81.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.99% in the past 14 days, which was higher than the 31.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.20, while its 200-day Moving Average is $14.58. Now, the first resistance to watch is $12.51. This is followed by the second major resistance level at $12.62. The third major resistance level sits at $12.79. If the price goes on to break the first support level at $12.23, it is likely to go to the next support level at $12.06. Now, if the price goes above the second support level, the third support stands at $11.95.
American Airlines Group Inc (NASDAQ: AAL) Key Stats
With a market capitalization of 8.10 billion, the company has a total of 653,541K Shares Outstanding. Currently, annual sales are 48,971 M while annual income is 127,000 K. The company’s previous quarter sales were 13,482 M while its latest quarter income was -545,000 K.