A new trading day began on Monday, with American Airlines Group Inc (NASDAQ: AAL) stock price up 0.62% from the previous day of trading, before settling in for the closing price of $14.52. AAL’s price has ranged from $9.07 to $16.15 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 16.93% over the past five years. Meanwhile, its annual earnings per share averaged -44.63%. With a float of $648.71 million, this company’s outstanding shares have now reached $657.10 million.
Let’s look at the performance matrix of the company that is accounted for 132100 employees. 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 and Institutional Ownership
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 1.28%, while institutional ownership is 56.68%. 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.
American Airlines Group Inc (AAL) Latest Financial update
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 -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -44.63% 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
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 0.18.
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)
American Airlines Group Inc (NASDAQ: AAL) saw its 5-day average volume 19.18 million, a negative change from its year-to-date volume of 33.73 million. As of the previous 9 days, the stock’s Stochastic %D was 58.37%. Additionally, its Average True Range was 0.46.
During the past 100 days, American Airlines Group Inc’s (AAL) raw stochastic average was set at 91.49%, which indicates a significant increase from 63.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.75% in the past 14 days, which was lower than the 39.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.99, while its 200-day Moving Average is $12.58. Nevertheless, the first resistance level for the watch stands at $14.78 in the near term. At $14.95, the stock is likely to face the second major resistance level. The third major resistance level sits at $15.15. If the price goes on to break the first support level at $14.41, it is likely to go to the next support level at $14.21. The third support level lies at $14.04 if the price breaches the second support level.
American Airlines Group Inc (NASDAQ: AAL) Key Stats
With a market capitalization of 9.52 billion, the company has a total of 657,131K 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.
