Headlines about American Airlines Group (NASDAQ:AAL) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. American Airlines Group earned a news impact score of 0.12 on Accern’s scale. Accern also gave media headlines about the airline an impact score of 44.7636712591287 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern’s analysis:
AAL has been the topic of several recent analyst reports. BidaskClub upgraded shares of American Airlines Group from a “hold” rating to a “buy” rating in a report on Wednesday, December 27th. Bank of America upgraded shares of American Airlines Group from an “underperform” rating to a “buy” rating and set a $64.00 target price on the stock in a report on Tuesday, January 9th. Stephens reiterated a “hold” rating and issued a $62.00 target price on shares of American Airlines Group in a report on Wednesday, January 10th. Citigroup lifted their target price on shares of American Airlines Group to $65.00 and gave the stock a “buy” rating in a report on Thursday, January 11th. Finally, Imperial Capital reiterated an “in-line” rating and issued a $53.00 target price (up previously from $47.00) on shares of American Airlines Group in a report on Thursday, January 11th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $61.80.
Shares of NASDAQ:AAL traded down $0.47 on Monday, hitting $49.82. 4,313,993 shares of the company were exchanged, compared to its average volume of 4,781,510. American Airlines Group has a one year low of $41.62 and a one year high of $59.08. The company has a debt-to-equity ratio of 5.73, a quick ratio of 0.52 and a current ratio of 0.61. The company has a market cap of $23,794.14, a price-to-earnings ratio of 10.21, a PEG ratio of 0.45 and a beta of 0.96.
American Airlines Group (NASDAQ:AAL) last posted its quarterly earnings data on Thursday, January 25th. The airline reported $0.95 earnings per share (EPS) for the quarter, topping 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 company had revenue of $10.60 billion for the quarter, compared to the consensus estimate of $10.59 billion. During the same quarter in the previous year, the firm posted $0.92 EPS. The business’s revenue was up 8.3% compared to the same quarter last year. equities analysts predict that American Airlines Group will post 5.94 EPS for the current year.
In other news, VP Derek J. Kerr sold 39,662 shares of American Airlines Group stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $52.77, for a total transaction of $2,092,963.74. Following the sale, the vice president now directly owns 429,046 shares in the company, valued at approximately $22,640,757.42. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Richard C. Kraemer sold 3,000 shares of American Airlines Group stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $52.71, for a total transaction of $158,130.00. Following the sale, the director now owns 53,229 shares in the company, valued at $2,805,700.59. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 77,844 shares of company stock worth $4,077,040. 0.69% of the stock is owned by company insiders.
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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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