American Airlines Group Inc (NASDAQ:AAL) has earned a consensus rating of “Buy” from the sixteen analysts that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, five have given a hold rating and nine have assigned a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $53.73.

Several analysts recently issued reports on AAL shares. ValuEngine raised shares of American Airlines Group from a “strong sell” rating to a “sell” rating in a research report on Thursday, July 19th. Buckingham Research reduced their price target on shares of American Airlines Group from $63.00 to $57.00 and set a “buy” rating for the company in a research report on Tuesday, July 17th. Macquarie raised shares of American Airlines Group from a “neutral” rating to an “outperform” rating and set a $47.00 price target for the company in a research report on Monday, July 30th. Morgan Stanley reduced their price target on shares of American Airlines Group from $46.00 to $42.00 and set an “equal weight” rating for the company in a research report on Thursday, July 12th. Finally, Cowen reduced their price target on shares of American Airlines Group from $55.00 to $48.00 and set an “outperform” rating for the company in a research report on Wednesday, July 11th.

Shares of AAL stock traded up $0.07 during trading hours on Friday, hitting $40.88. 45,872 shares of the company were exchanged, compared to its average volume of 5,704,474. The company has a market cap of $19.33 billion, a price-to-earnings ratio of 8.47, a price-to-earnings-growth ratio of 0.78 and a beta of 0.98. American Airlines Group has a fifty-two week low of $35.64 and a fifty-two week high of $59.08. The company has a quick ratio of 0.46, a current ratio of 0.55 and a debt-to-equity ratio of -25.16.

American Airlines Group (NASDAQ:AAL) last announced its quarterly earnings data on Thursday, July 26th. The airline reported $1.63 EPS for the quarter, topping the consensus estimate of $1.59 by $0.04. The company had revenue of $11.64 billion during the quarter, compared to the consensus estimate of $11.67 billion. American Airlines Group had a net margin of 3.75% and a return on equity of 151.06%. The company’s quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.92 EPS. analysts anticipate that American Airlines Group will post 4.65 earnings per share for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Royal London Asset Management Ltd. purchased a new position in American Airlines Group during the 2nd quarter worth $1,942,000. HRT Financial LLC bought a new stake in shares of American Airlines Group during the 2nd quarter worth $430,000. Schroder Investment Management Group raised its stake in shares of American Airlines Group by 402.3% during the 2nd quarter. Schroder Investment Management Group now owns 30,700 shares of the airline’s stock worth $1,173,000 after purchasing an additional 24,588 shares during the period. Hellman Jordan Management Co. Inc. MA bought a new stake in shares of American Airlines Group during the 2nd quarter worth $666,000. Finally, WINTON GROUP Ltd raised its stake in shares of American Airlines Group by 4,977.0% during the 2nd quarter. WINTON GROUP Ltd now owns 206,330 shares of the airline’s stock worth $7,832,000 after purchasing an additional 202,266 shares during the period. 82.23% of the stock is currently owned by hedge funds and other institutional investors.

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.

Featured Article: What are the Different Types of Leveraged Buyouts?

Analyst Recommendations for American Airlines Group (NASDAQ:AAL)

Receive News & Ratings for American Airlines Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Airlines Group and related companies with MarketBeat.com's FREE daily email newsletter.