Currently, there are 657.10M common shares owned by the public and among those 648.86M shares have been available to trade.
The company’s stock has a 5-day price change of 8.12% and 54.07% over the past three months. AAL shares are trading 5.45% year to date (YTD), with the 12-month market performance up to 27.82% 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 26.88 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 6.71%, 17.63%, and 42.72% respectively.
Institutional ownership of American Airlines Group Inc (NASDAQ: AAL) shares accounts for 56.87% of the company’s 657.10M shares outstanding.
It has a market capitalization of $12.08B and a beta (3y monthly) value of 1.36. The stock’s trailing 12-month PE ratio is 57.08, 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 3.59% over the week and 3.31% over the month.
Earnings per share for the fiscal year are expected to decrease by -35.54%, and 43.20% over the next financial year. EPS should grow at an annualized rate of -1.23% 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. TD Cowen stated their Buy rating for the stock in a research note on January 06, 2025, with the firm’s price target at $17-$25. Melius coverage for the American Airlines Group Inc (AAL) stock in a research note released on January 06, 2025 offered a Buy rating with a price target of $23. Jefferies was of a view on January 06, 2025 that the stock is Buy, while Raymond James gave the stock Outperform rating on December 30, 2024, issuing a price target of $24. Bernstein on their part issued Outperform rating on December 10, 2024.
