Currently, there are 657.10M common shares owned by the public and among those 648.76M shares have been available to trade.
The company’s stock has a 5-day price change of 4.27% and 50.09% over the past three months. AAL shares are trading 26.27% year to date (YTD), with the 12-month market performance up to 24.02% higher. It has a 12-month low price of $9.07 and touched a high of $18.20 over the same period. AAL has an average intraday trading volume of 28.50 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 4.46%, 16.40%, and 36.05% respectively.
Institutional ownership of American Airlines Group Inc (NASDAQ: AAL) shares accounts for 56.82% of the company’s 657.10M shares outstanding.
It has a market capitalization of $11.40B and a beta (3y monthly) value of 1.40. The stock’s trailing 12-month PE ratio is 53.88, while the earnings-per-share (ttm) stands at $0.32. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.76% over the week and 3.42% over the month.
Earnings per share for the fiscal year are expected to decrease by -37.50%, and 36.77% over the next financial year. EPS should grow at an annualized rate of -1.25% over the next five years, compared to -17.73% over the past 5-year period.
Looking at the support for the AAL, a number of firms have released research notes about the stock. Bernstein stated their Outperform rating for the stock in a research note on December 10, 2024, with the firm’s price target at $14-$24. TD Cowen coverage for the American Airlines Group Inc (AAL) stock in a research note released on December 06, 2024 offered a Hold rating with a price target of $17. Seaport Research Partners was of a view on December 05, 2024 that the stock is Buy, while UBS gave the stock Neutral rating on November 26, 2024, issuing a price target of $16. Goldman on their part issued Neutral rating on November 15, 2024.
