A new trading day began on Friday, with American Airlines Group Inc (NASDAQ: AAL) stock price up 2.90% from the previous day of trading, before settling in for the closing price of $12.78. AAL’s price has ranged from $9.07 to $16.15 over the past 52 weeks.
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A company in the Industrials sector has jumped its sales by 16.93% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -46.15%. With a float of $648.41 million, this company’s outstanding shares have now reached $654.27 million.
In an organization with 132100 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 21.24%, operating margin of 4.13%, and the pretax margin is 0.73%.
American Airlines Group Inc (AAL) Insider Updates
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 1.33%, while institutional ownership is 61.74%. The most recent insider transaction that took place on Dec 14 ’23, was worth 107,894. In this transaction EVP Chief Commercial Officer of this company sold 7,545 shares at a rate of $14.30, taking the stock ownership to the 321,608 shares. Before that another transaction happened on Nov 21 ’23, when Company’s EVP Chief Commercial Officer sold 5,121 for $12.29, making the entire transaction worth $62,937. This insider now owns 334,049 shares in total.
American Airlines Group Inc (AAL) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.29 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). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -46.15% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -5.27% during the next five years compared to -17.73% drop over the previous five years of trading.
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 0.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.32, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 2.00 in one year’s time.
Technical Analysis of American Airlines Group Inc (AAL)
Let’s dig in a bit further. During the last 5-days, its volume was 38.45 million. That was better than the volume of 34.92 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 67.51%. Additionally, its Average True Range was 0.50.
During the past 100 days, American Airlines Group Inc’s (AAL) raw stochastic average was set at 89.47%, which indicates a significant increase from 77.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.95% in the past 14 days, which was lower than the 36.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.27, while its 200-day Moving Average is $12.62. However, in the short run, American Airlines Group Inc’s stock first resistance to watch stands at $13.48. Second resistance stands at $13.80. The third major resistance level sits at $14.17. If the price goes on to break the first support level at $12.79, it is likely to go to the next support level at $12.42. Assuming the price breaks the second support level, the third support level stands at $12.10.
American Airlines Group Inc (NASDAQ: AAL) Key Stats
With a market capitalization of 8.64 billion, the company has a total of 656,090K Shares Outstanding. Currently, annual sales are 52,788 M while annual income is 822,000 K. The company’s previous quarter sales were 13,647 M while its latest quarter income was -149,000 K.
