A look at American Airlines Group Inc’s (AAL) recent performance gives investors their first glimpse of hope.

On Friday, American Airlines Group Inc (NASDAQ: AAL) was 0.91% up from the session before settling in for the closing price of $14.26. A 52-week range for AAL has been $9.07 – $16.15.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Industrials Sector giant saw their annual sales surged by 16.93% over the last five years. When this article was written, the company’s average yearly earnings per share was at -44.66%. With a float of $648.67 million, this company’s outstanding shares have now reached $654.27 million.

The firm has a total of 132100 workers. Let’s measure their productivity. In terms of profitability, gross margin is 20.34%, operating margin of 4.13%, and the pretax margin is 0.73%.

American Airlines Group Inc (AAL) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward American Airlines Group Inc stocks. The insider ownership of American Airlines Group Inc is 1.33%, while institutional ownership is 56.72%. 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) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -44.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -5.33% 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

You can see what American Airlines Group Inc (AAL) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.18.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.32, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 2.05 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 25.88 million was lower than the volume posted last year of 34.32 million. As of the previous 9 days, the stock’s Stochastic %D was 75.97%. 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 95.08%, which indicates a significant increase from 84.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.53% in the past 14 days, which was higher than the 39.46% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.28, while its 200-day Moving Average is $12.59. Now, the first resistance to watch is $14.51. This is followed by the second major resistance level at $14.63. The third major resistance level sits at $14.86. If the price goes on to break the first support level at $14.16, it is likely to go to the next support level at $13.93. Should the price break the second support level, the third support level stands at $13.81.

American Airlines Group Inc (NASDAQ: AAL) Key Stats

There are 657,131K outstanding shares of the company, which has a market capitalization of 9.54 billion. As of now, sales total 52,788 M while income totals 822,000 K. Its latest quarter income was 13,647 M while its last quarter net income were -149,000 K.