American Airlines Group (AAL) Earning Somewhat Positive Media Coverage, Analysis Finds
Media coverage about American Airlines Group (NASDAQ:AAL) has been trending somewhat positive recently, Accern reports. Accern rates the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. American Airlines Group earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave news coverage about the airline an impact score of 43.8381519775784 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news articles that may have impacted Accern’s analysis:
- To check your trackable suitcase, you need to make it untrackable (finance.yahoo.com)
- Snowball Express and American Airlines Bring Holiday Cheer to Gold Star Families – GlobeNewswire (press release) (globenewswire.com)
- Snowball Express and American Airlines Bring Holiday Cheer to Gold Star Families – Nasdaq (nasdaq.com)
- Are These Just A Random Activities? American Airlines Group Inc. (AAL), AOverstock.com, Inc. (OSTK) – Market Movers (financialqz.com)
- American Airlines Group Inc. (NASDAQ: AAL) – Hot Stock’s Highlights – Alpha Beta Stock (alphabetastock.com)
American Airlines Group (NASDAQ AAL) traded up $0.14 during midday trading on Friday, hitting $51.02. 3,793,349 shares of the stock traded hands, compared to its average volume of 3,521,974. American Airlines Group has a 12-month low of $39.21 and a 12-month high of $54.48. The company has a debt-to-equity ratio of 5.63, a quick ratio of 0.57 and a current ratio of 0.65. The company has a market cap of $24,346.04, a price-to-earnings ratio of 10.45 and a beta of 0.99.
American Airlines Group (NASDAQ:AAL) last posted its earnings results on Thursday, October 26th. The airline reported $1.42 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.40 by $0.02. The firm had revenue of $10.88 billion during the quarter, compared to analyst estimates of $10.88 billion. American Airlines Group had a net margin of 4.71% and a return on equity of 64.92%. The business’s revenue was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.80 EPS. equities analysts forecast that American Airlines Group will post 4.63 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Monday, November 27th. Investors of record on Monday, November 13th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date was Friday, November 10th. American Airlines Group’s dividend payout ratio (DPR) is currently 10.18%.
A number of research analysts have recently issued reports on the stock. Morgan Stanley restated an “equal weight” rating and issued a $51.00 price target (up previously from $47.00) on shares of American Airlines Group in a research report on Monday, October 2nd. Cowen restated an “outperform” rating and issued a $55.00 price target on shares of American Airlines Group in a research report on Tuesday, September 26th. Stifel Nicolaus restated a “buy” rating and issued a $95.00 price target on shares of American Airlines Group in a research report on Tuesday, August 22nd. Zacks Investment Research downgraded shares of American Airlines Group from a “hold” rating to a “strong sell” rating in a research report on Monday, October 2nd. Finally, Vetr upgraded shares of American Airlines Group from a “buy” rating to a “strong-buy” rating and set a $51.52 price target on the stock in a research report on Monday, August 21st. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, eight have given a buy rating and two have given a strong buy rating to the company’s stock. American Airlines Group has a consensus rating of “Buy” and a consensus price target of $58.47.
In related news, Director Ray M. Robinson sold 3,476 shares of the business’s stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $46.76, for a total value of $162,537.76. Following the transaction, the director now directly owns 29,938 shares of the company’s stock, valued at approximately $1,399,900.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Alberto Ibarguen sold 4,229 shares of the company’s stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $47.60, for a total transaction of $201,300.40. The disclosure for this sale can be found here. 0.64% of the stock is currently owned by insiders.
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About American Airlines Group
American Airlines Group Inc is a holding company. The Company’s primary business activity is the operation of a network air carrier, providing scheduled air transportation for passengers and cargo. The Company operates through American segment, which provides air transportation for passengers and cargo.
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