American Airlines Group Inc (NASDAQ:AAL) has been given an average recommendation of “Hold” by the twenty-two brokerages that are covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and eleven have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $46.91.

Several brokerages have recently issued reports on AAL. Imperial Capital reaffirmed an “outperform” rating and issued a $43.00 price target (down from $46.00) on shares of American Airlines Group in a research report on Friday. BidaskClub downgraded American Airlines Group from a “sell” rating to a “strong sell” rating in a research report on Wednesday. Citigroup lowered their price target on American Airlines Group from $59.00 to $56.00 and set a “buy” rating on the stock in a research report on Friday, March 8th. Deutsche Bank downgraded American Airlines Group from a “buy” rating to a “hold” rating and raised their price target for the company from $28.81 to $35.63 in a research report on Friday, March 1st. Finally, ValuEngine cut shares of American Airlines Group from a “sell” rating to a “strong sell” rating in a research note on Friday, February 15th.

Shares of NASDAQ:AAL opened at $31.43 on Friday. The stock has a market capitalization of $14.30 billion, a PE ratio of 6.91, a price-to-earnings-growth ratio of 0.32 and a beta of 1.55. American Airlines Group has a 52-week low of $28.81 and a 52-week high of $56.41.

American Airlines Group (NASDAQ:AAL) last issued its quarterly earnings results on Thursday, January 24th. The airline reported $1.04 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.01 by $0.03. The company had revenue of $10.94 billion for the quarter, compared to the consensus estimate of $10.94 billion. American Airlines Group had a negative return on equity of 322.87% and a net margin of 3.17%. The firm’s revenue was up 3.1% compared to the same quarter last year. During the same period last year, the business posted $0.95 earnings per share. Sell-side analysts predict that American Airlines Group will post 6 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 20th. Shareholders of record on Wednesday, February 6th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend was Tuesday, February 5th. American Airlines Group’s dividend payout ratio is 8.79%.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Norges Bank bought a new position in American Airlines Group during the fourth quarter worth about $86,014,000. Actinver Wealth Management Inc. bought a new position in American Airlines Group during the fourth quarter worth about $351,000. Financial Advocates Investment Management lifted its stake in American Airlines Group by 96.0% during the fourth quarter. Financial Advocates Investment Management now owns 2,348 shares of the airline’s stock worth $219,000 after purchasing an additional 1,150 shares during the period. FMR LLC lifted its stake in American Airlines Group by 37.5% during the fourth quarter. FMR LLC now owns 14,226,885 shares of the airline’s stock worth $456,824,000 after purchasing an additional 3,883,285 shares during the period. Finally, Kentucky Retirement Systems bought a new position in American Airlines Group during the fourth quarter worth about $573,000. Hedge funds and other institutional investors own 78.96% of the company’s stock.

American Airlines Group Company Profile

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. It provides scheduled air transportation services for passengers and cargo. As of December 31, 2017, the company operated a mainline fleet of 948 aircraft. It serves 350 destinations in approximately 50 countries, principally from its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, and Phoenix, as well as in Washington, DC The company was formerly known as AMR Corporation and changed its name to American Airlines Group Inc in December 2013.

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Analyst Recommendations for American Airlines Group (NASDAQ:AAL)

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