Momentum Stock in Focus: American Airlines Group Inc. (AAL)

Momentum Stock in Focus: American Airlines Group Inc. (AAL)

Momentum Stock in Focus: American Airlines Group Inc. (AAL)

Vetr now has $49.75 price target on the airline's stock. After all, analysts raising estimates right before earnings-with the most up-to-date information possible-is a pretty good indicator of some favorable trends underneath the surface for AAL in this report.

If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, AAL earned gross profit of 12.01 Billion, in 2015 14.39 Billion gross profit, while in 2016 American Airlines Group Inc. For our stock under consideration here, American Airlines Group Inc.

During the first quarter of 2017, American Airlines Group Inc reported revenue of $9.62 billion. Cowen and Company cut their price target on American Airlines Group from $49.00 to $46.00 and set a "market perform" rating on the stock in a report on Monday, March 20th. Morgan Stanley restated an "overweight" rating on shares of American Airlines Group in a report on Saturday, January 7th. However brokerage recommendations suggests an ABR of 2.23 based on calls of 12 experts, where 5 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 6 suggest Hold, 1 are rating the stock as Sell while 0 as Strong Sell. Price targets frequently change, depending on the outlook for a company's earnings. American Airlines Group Inc. has a beta of 0.94 and the weekly and monthly volatility stands at 2.22% and 2.32% respectively. The stock carved out a 52-week low down at $24.66. Moreover, Winslow Evans And Crocker has 0% invested in American Airlines Group Inc (NASDAQ:AAL). Current ratio which is the relationship between current assets and current liabilities, indicating the liquidity of a business is calculated as 0.70. This showed the surprise of 4.7% in the last quarter earnings. The airline reported $0.92 EPS for the quarter, hitting the consensus estimate of $0.92. American Airlines Group had a net margin of 6.66% and a return on equity of 86.54%. The firm had revenue of $9.79 billion for the quarter, compared to the consensus estimate of $9.74 billion. During the same quarter previous year, the company posted $2.00 earnings per share. The company has market cap of $23.29 billion. After the most recent period, the company reported quarterly EPS of $1.12 against the Zacks Research consensus estimate of $0.99. If you are reading this article on another publication, it was copied illegally and reposted in violation of USA & worldwide trademark & copyright legislation. The correct version of this news story can be viewed at

The company also recently announced a quarterly dividend, which will be paid on Monday, February 27th. Furthermore, the carrier also declared a dividend of $0.10 per share.

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Now the P/E of American Airlines Group Inc. stands at 9.21.

AAL stock was down 7% as of noon Thursday. The shares were sold at an average price of $46.79, for a total value of $442,399.45. Hedge funds and other institutional investors own 76.78% of the company's stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

On 2/7/2017 Ray M Robinson, Director, sold 8,000 with an average share price of $45.22 per share and the total transaction amounting to $361,760.00. The Bragg Financial Advisors Inc holds 10,709 shares with $990,000 value, down from 44,325 last quarter. The disclosure for this sale can be found here. Intellectus Partners LLC purchased a new stake in American Airlines Group during the fourth quarter worth $209,000. Reilly Financial Advisors LLC now owns 8,071 shares of the airline's stock valued at $295,000 after buying an additional 200 shares during the period.

01/30/2017 - American Airlines Group, Inc. had its "buy" rating reiterated by analysts at Deutsche Bank. Wetherby Asset Management Inc. acquired a new stake in American Airlines Group during the fourth quarter worth $233,000. Pinnacle Associates Ltd. acquired a new stake in American Airlines Group during the fourth quarter worth $214,000. (AAL) belongs to the "Services" sector with an industry focus on "Major Airlines", with Mr. William Douglas Parker as Chairman, Chief Exec. Officer, Chairman of American Airlines, Inc and Chief Exec. Officer of American Airlines, Inc.

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