Headlines about American Airlines Group (NASDAQ:AAL) have trended somewhat positive this week, InfoTrie reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. American Airlines Group earned a news sentiment score of 2.00 on their scale. InfoTrie also assigned press coverage about the airline an news buzz score of 0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have impacted American Airlines Group’s ranking:
Shares of AAL traded up $0.38 during trading hours on Friday, hitting $28.62. The company had a trading volume of 1,388,608 shares, compared to its average volume of 7,726,833. The company has a market capitalization of $12.37 billion, a PE ratio of 6.29, a price-to-earnings-growth ratio of 1.56 and a beta of 1.63. The company has a current ratio of 0.49, a quick ratio of 0.40 and a debt-to-equity ratio of 135.16. American Airlines Group has a one year low of $24.23 and a one year high of $37.23. The company’s fifty day moving average price is $28.06 and its two-hundred day moving average price is $28.84.
American Airlines Group (NASDAQ:AAL) last released its quarterly earnings results on Thursday, October 24th. The airline reported $1.42 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.38 by $0.04. American Airlines Group had a negative return on equity of 1,294.15% and a net margin of 3.50%. The firm had revenue of $11.91 billion during the quarter, compared to analyst estimates of $11.93 billion. During the same period in the previous year, the company posted $1.13 EPS. The business’s revenue for the quarter was up 3.0% compared to the same quarter last year. Analysts forecast that American Airlines Group will post 4.99 earnings per share for the current year.
Several equities research analysts have weighed in on the company. UBS Group assumed coverage on American Airlines Group in a report on Tuesday, November 12th. They issued a “sell” rating and a $27.00 target price for the company. BidaskClub cut American Airlines Group from a “hold” rating to a “sell” rating in a report on Tuesday. Citigroup assumed coverage on American Airlines Group in a report on Thursday, October 31st. They issued a “sell” rating and a $27.00 target price for the company. ValuEngine upgraded American Airlines Group from a “sell” rating to a “hold” rating in a report on Friday, January 3rd. Finally, Bank of America cut American Airlines Group to a “hold” rating and set a $31.00 target price for the company. in a report on Monday, September 23rd. Five research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $34.85.
In other American Airlines Group news, Director James F. Albaugh bought 10,000 shares of American Airlines Group stock in a transaction that occurred on Monday, October 28th. The shares were bought at an average cost of $31.41 per share, with a total value of $314,100.00. Following the transaction, the director now directly owns 36,091 shares of the company’s stock, valued at approximately $1,133,618.31. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.86% of the company’s stock.
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, 2018, the company operated a mainline fleet of 956 aircraft. It serves 350 destinations in approximately 50 countries, principally from its hubs in Charlotte, Chicago, Dallas/Fort Worth, London Heathrow, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC The company was formerly known as AMR Corporation and changed its name to American Airlines Group Inc in December 2013.
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