American Airlines Group Inc. (NASDAQ:AAL) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of American Airlines Group Inc. (NASDAQ:AAL) have earned a consensus recommendation of “Moderate Buy” from the twenty-one brokerages that are presently covering the company, MarketBeat reports. Six analysts have rated the stock with a hold recommendation, twelve have given a buy recommendation and three have assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $19.30.

A number of analysts have weighed in on the company. JPMorgan Chase & Co. lowered their price target on American Airlines Group from $30.00 to $26.00 and set an “overweight” rating on the stock in a research report on Monday, March 3rd. Raymond James reissued an “outperform” rating and issued a $23.00 target price (down from $24.00) on shares of American Airlines Group in a research note on Friday, January 24th. Susquehanna dropped their price target on shares of American Airlines Group from $20.00 to $18.00 and set a “neutral” rating for the company in a research note on Tuesday, February 4th. Citigroup dropped their price objective on American Airlines Group from $21.50 to $20.00 and set a “buy” rating for the company in a report on Tuesday, March 18th. Finally, TD Cowen upped their target price on shares of American Airlines Group to $26.00 and gave the company a “buy” rating in a research note on Thursday, March 13th.

American Airlines Group Price Performance

Shares of AAL stock opened at $10.70 on Tuesday. American Airlines Group has a one year low of $9.07 and a one year high of $19.10. The stock has a fifty day moving average price of $14.63 and a 200 day moving average price of $14.47. The stock has a market cap of $7.04 billion, a P/E ratio of 9.39, a price-to-earnings-growth ratio of 0.21 and a beta of 1.27.

American Airlines Group (NASDAQ:AAL) last released its quarterly earnings data on Thursday, January 23rd. The airline reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.47. American Airlines Group had a net margin of 1.56% and a negative return on equity of 28.56%. Equities research analysts anticipate that American Airlines Group will post 2.42 EPS for the current year.

Insider Buying and Selling

In other American Airlines Group news, SVP Angela Owens sold 51,906 shares of the company’s stock in a transaction on Monday, January 27th. The shares were sold at an average price of $17.15, for a total transaction of $890,187.90. Following the sale, the senior vice president now directly owns 112,412 shares of the company’s stock, valued at approximately $1,927,865.80. This represents a 31.59 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.49% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Centiva Capital LP increased its holdings in shares of American Airlines Group by 199.9% during the 3rd quarter. Centiva Capital LP now owns 149,304 shares of the airline’s stock worth $1,678,000 after acquiring an additional 99,513 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of American Airlines Group in the fourth quarter valued at about $3,858,000. Decker Retirement Planning Inc. acquired a new stake in shares of American Airlines Group during the 4th quarter worth about $9,482,000. Amundi boosted its holdings in shares of American Airlines Group by 31,647.8% during the 4th quarter. Amundi now owns 426,691 shares of the airline’s stock worth $7,510,000 after buying an additional 425,347 shares during the period. Finally, MetLife Investment Management LLC grew its stake in American Airlines Group by 92.8% in the 3rd quarter. MetLife Investment Management LLC now owns 341,525 shares of the airline’s stock valued at $3,839,000 after buying an additional 164,376 shares during the last quarter. 52.44% of the stock is currently owned by institutional investors and hedge funds.

American Airlines Group Company Profile

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.