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American Airlines Group Inc. (AAL) Shares Up Despite Recent Market Volatility

American Airlines Group Inc. (NASDAQ: AAL)’s stock price has gone rise by 0.15 in comparison to its previous close of 13.26, however, the company has experienced a -5.01% decrease in its stock price over the last five trading days. Zacks Investment Research reported 2023-09-14 that American Airlines (AAL) now anticipates third-quarter 2023 earnings in the range of $0.20-$0.30 per share (prior view: $0.85-$0.95).

Is It Worth Investing in American Airlines Group Inc. (NASDAQ: AAL) Right Now?

The price-to-earnings ratio for American Airlines Group Inc. (NASDAQ: AAL) is 3.51x, which is above its average ratio. Moreover, the 36-month beta value for AAL is 1.57. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 15 as “hold,” and 1 as “sell.”

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The average price recommended by analysts for American Airlines Group Inc. (AAL) is $18.04, which is $4.54 above the current market price. The public float for AAL is 644.85M and currently, short sellers hold a 10.04% of that float. On September 15, 2023, AAL’s average trading volume was 23.62M shares.

AAL’s Market Performance

AAL stock saw a decrease of -5.01% in the past week, with a monthly decline of -13.99% and a quarterly a decrease of -20.24%. The volatility ratio for the week is 2.26%, and the volatility levels for the last 30 days are 2.31% for American Airlines Group Inc. (AAL). The simple moving average for the last 20 days is -8.16% for AAL’s stock, with a simple moving average of -12.36% for the last 200 days.

Analysts’ Opinion of AAL

Many brokerage firms have already submitted their reports for AAL stocks, with TD Cowen repeating the rating for AAL by listing it as a “Market Perform.” The predicted price for AAL in the upcoming period, according to TD Cowen is $10 based on the research report published on September 13, 2023 of the current year 2023.

AAL Trading at -16.88% from the 50-Day Moving Average

After a stumble in the market that brought AAL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.40% of loss for the given period.

Volatility was left at 2.31%, however, over the last 30 days, the volatility rate increased by 2.26%, as shares sank -11.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -25.28% lower at present.

During the last 5 trading sessions, AAL fell by -4.43%, which changed the moving average for the period of 200-days by -3.40% in comparison to the 20-day moving average, which settled at $14.38. In addition, American Airlines Group Inc. saw 4.40% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at AAL starting from STEENLAND DOUGLAS M, who sale 1,950 shares at the price of $14.10 back on May 15. After this action, STEENLAND DOUGLAS M now owns 29,736 shares of American Airlines Group Inc., valued at $27,495 using the latest closing price.

STEENLAND DOUGLAS M, the Director of American Airlines Group Inc., sale 2,000 shares at $13.88 during a trade that took place back on May 12, which means that STEENLAND DOUGLAS M is holding 31,686 shares at $27,768 based on the most recent closing price.

Stock Fundamentals for AAL

Current profitability levels for the company are sitting at:

  • +3.68 for the present operating margin
  • +18.45 for the gross margin

The net margin for American Airlines Group Inc. stands at +0.26. The total capital return value is set at 4.69, while invested capital returns managed to touch 0.37. Equity return is now at value -44.20, with 4.00 for asset returns.

When we switch over and look at the enterprise to sales, we see a ratio of 0.80, with the company’s debt to enterprise value settled at 1.04. The receivables turnover for the company is 26.88 and the total asset turnover is 0.75. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.71.

Conclusion

To wrap up, the performance of American Airlines Group Inc. (AAL) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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BP p.l.c. (NYSE: BP) has a higher price-to-earnings ratio of 5.78x compared to its average ratio, and the 36-month beta value for BP is at