In yesterday’s Wall Street session, American Airlines Group Inc (NASDAQ:AAL) shares traded at $16.70, down -1.30% from the previous session.
AAL stock price is now -0.34% away from the 50-day moving average and 27.07% away from the 200-day moving average. The market capitalization of the company currently stands at $10.97B.
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With the price target enhanced from $12 to $20, BofA Securities Upgraded its rating from Underperform to Neutral for American Airlines Group Inc (NASDAQ: AAL). On January 06, 2025, TD Cowen Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock increasing its target price from $17 to quote $25, while ‘Melius’ rates the stock as ‘Buy’
In other news, Owens Angela, SVP Corporate Controller sold 51,906 shares of the company’s stock on Jan 27 ’25. The stock was sold for $890,312 at an average price of $17.15. Upon completion of the transaction, the SVP Corporate Controller now directly owns 112,412 shares in the company, valued at $1.88 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 27 ’25, Officer Owens Angela bought 51,906 shares of the business’s stock. A total of $890,311 was incurred on buying the stock at an average price of $17.15. A total of 1.25% of the company’s stock is owned by insiders.
During the past 12 months, American Airlines Group Inc has had a low of $9.07 and a high of $19.10. According to the stock market information, the enterprise value for the company is $42485063680, which is based on a 14.74 price-to-earnings ratio, a 0.62 price-to-earnings-growth ratio, and a beta of 1.35. The fifty day moving average price for AAL is $16.7096 and a two-hundred day moving average price translates $13.1238 for the stock.
The latest earnings results from American Airlines Group Inc (NASDAQ: AAL) was released for 2024-09-30. The company reported revenue of $13.65 billion for the quarter, compared to $13.48 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.22 percent. For the current quarter, analysts expect AAL to generate $13.13B in revenue.
