American Airlines Group Inc (AAL) Expected to Post Earnings of $0.56 Per Share

Analysts expect that American Airlines Group Inc (NASDAQ:AAL) will announce earnings of $0.56 per share for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for American Airlines Group’s earnings. The lowest EPS estimate is $0.35 and the highest is $0.80. American Airlines Group reported earnings per share of $0.61 during the same quarter last year, which indicates a negative year over year growth rate of 8.2%. The company is expected to report its next quarterly earnings results on Thursday, April 26th.

According to Zacks, analysts expect that American Airlines Group will report full-year earnings of $5.93 per share for the current year, with EPS estimates ranging from $5.50 to $6.66. For the next fiscal year, analysts anticipate that the company will post earnings of $7.05 per share, with EPS estimates ranging from $6.15 to $8.20. Zacks’ EPS calculations are a mean average based on a survey of sell-side research firms that that provide coverage for American Airlines Group.

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American Airlines Group (NASDAQ:AAL) last posted its quarterly earnings results on Thursday, January 25th. The airline reported $0.95 EPS for the quarter, beating the consensus estimate of $0.92 by $0.03. American Airlines Group had a net margin of 4.55% and a return on equity of 63.78%. The business had revenue of $10.60 billion during the quarter, compared to analyst estimates of $10.59 billion. During the same quarter in the previous year, the business posted $0.92 EPS. The company’s quarterly revenue was up 8.3% compared to the same quarter last year.

Several research firms have recently commented on AAL. Zacks Investment Research lowered shares of American Airlines Group from a “buy” rating to a “hold” rating in a report on Tuesday, February 20th. Citigroup lifted their price objective on shares of American Airlines Group to $65.00 and gave the stock a “buy” rating in a research report on Thursday, January 11th. Bank of America raised shares of American Airlines Group from an “underperform” rating to a “buy” rating and set a $64.00 price objective on the stock in a research report on Tuesday, January 9th. Stephens reaffirmed a “hold” rating and issued a $62.00 price objective on shares of American Airlines Group in a research report on Wednesday, January 10th. Finally, Buckingham Research lifted their price objective on shares of American Airlines Group from $71.00 to $75.00 and gave the stock a “buy” rating in a research report on Friday, January 26th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $61.74.

In other news, Director Matthew J. Hart sold 35,182 shares of the company’s stock in a transaction on Monday, February 5th. The shares were sold at an average price of $51.90, for a total value of $1,825,945.80. Following the sale, the director now directly owns 33,258 shares of the company’s stock, valued at approximately $1,726,090.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO W Douglas Parker sold 224,572 shares of the company’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $52.32, for a total transaction of $11,749,607.04. Following the completion of the sale, the chief executive officer now directly owns 1,925,242 shares in the company, valued at $100,728,661.44. The disclosure for this sale can be found here. In the last three months, insiders have sold 302,416 shares of company stock worth $15,826,647. 0.64% of the stock is owned by insiders.

Several hedge funds have recently added to or reduced their stakes in the company. Advisor Partners LLC lifted its stake in shares of American Airlines Group by 14.3% in the 4th quarter. Advisor Partners LLC now owns 8,564 shares of the airline’s stock valued at $497,000 after purchasing an additional 1,072 shares during the period. Shufro Rose & Co. LLC lifted its stake in shares of American Airlines Group by 21.7% in the 3rd quarter. Shufro Rose & Co. LLC now owns 6,263 shares of the airline’s stock valued at $297,000 after purchasing an additional 1,116 shares during the period. Nisa Investment Advisors LLC lifted its stake in shares of American Airlines Group by 0.9% in the 4th quarter. Nisa Investment Advisors LLC now owns 130,695 shares of the airline’s stock valued at $6,800,000 after purchasing an additional 1,140 shares during the period. Reilly Financial Advisors LLC lifted its stake in shares of American Airlines Group by 12.5% in the 4th quarter. Reilly Financial Advisors LLC now owns 10,696 shares of the airline’s stock valued at $557,000 after purchasing an additional 1,189 shares during the period. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its stake in shares of American Airlines Group by 5.4% in the 4th quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 24,263 shares of the airline’s stock valued at $1,270,000 after purchasing an additional 1,240 shares during the period. 80.54% of the stock is currently owned by institutional investors and hedge funds.

Shares of American Airlines Group (NASDAQ:AAL) opened at $55.17 on Tuesday. American Airlines Group has a twelve month low of $39.21 and a twelve month high of $59.08. The company has a debt-to-equity ratio of 5.73, a current ratio of 0.61 and a quick ratio of 0.52. The company has a market cap of $26,155.11, a PE ratio of 14.11, a PEG ratio of 0.50 and a beta of 0.93.

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 20th. Shareholders of record on Tuesday, February 6th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.73%. The ex-dividend date of this dividend was Monday, February 5th. American Airlines Group’s dividend payout ratio is presently 10.23%.

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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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