Zacks Research Issues Positive Estimate for AAL Earnings

American Airlines Group Inc. (NASDAQ:AAL) – Zacks Research increased their Q4 2024 earnings per share (EPS) estimates for shares of American Airlines Group in a report issued on Thursday, November 14th. Zacks Research analyst M. Basu now expects that the airline will post earnings of $0.47 per share for the quarter, up from their previous estimate of $0.37. The consensus estimate for American Airlines Group’s current full-year earnings is $1.49 per share. Zacks Research also issued estimates for American Airlines Group’s Q2 2025 earnings at $1.08 EPS.

American Airlines Group (NASDAQ:AAL) last released its earnings results on Thursday, October 24th. The airline reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.14. American Airlines Group had a negative return on equity of 18.62% and a net margin of 0.51%. The business had revenue of $13.65 billion for the quarter, compared to the consensus estimate of $13.50 billion. During the same quarter last year, the business posted $0.38 earnings per share. The business’s quarterly revenue was up 1.2% compared to the same quarter last year.

Other equities research analysts have also recently issued reports about the stock. Sanford C. Bernstein cut shares of American Airlines Group from an “outperform” rating to a “market perform” rating and reduced their target price for the company from $18.00 to $12.00 in a research report on Monday, July 22nd. TD Securities decreased their target price on shares of American Airlines Group from $10.00 to $7.00 in a research note on Friday, July 26th. Redburn Atlantic upgraded American Airlines Group to a “hold” rating in a report on Tuesday, September 3rd. Bank of America increased their price target on American Airlines Group from $9.00 to $10.00 and gave the company an “underperform” rating in a report on Friday, October 25th. Finally, Susquehanna boosted their price objective on American Airlines Group from $11.00 to $12.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $13.96.

American Airlines Group Stock Performance

Shares of AAL stock opened at $14.29 on Monday. American Airlines Group has a fifty-two week low of $9.07 and a fifty-two week high of $16.15. The stock’s fifty day moving average is $12.28 and its two-hundred day moving average is $11.76. The firm has a market capitalization of $9.39 billion, a P/E ratio of 43.67, a PEG ratio of 0.26 and a beta of 1.39.

Institutional Investors Weigh In On American Airlines Group

A number of institutional investors have recently made changes to their positions in AAL. Vanguard Group Inc. raised its position in American Airlines Group by 1.1% in the first quarter. Vanguard Group Inc. now owns 76,177,845 shares of the airline’s stock valued at $1,169,330,000 after purchasing an additional 806,770 shares during the period. Primecap Management Co. CA grew its stake in shares of American Airlines Group by 0.8% in the third quarter. Primecap Management Co. CA now owns 57,339,666 shares of the airline’s stock valued at $644,498,000 after buying an additional 458,310 shares in the last quarter. U S Global Investors Inc. raised its holdings in shares of American Airlines Group by 5.9% in the 3rd quarter. U S Global Investors Inc. now owns 9,088,188 shares of the airline’s stock valued at $102,151,000 after buying an additional 508,119 shares during the period. Dimensional Fund Advisors LP lifted its stake in American Airlines Group by 75.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,240,659 shares of the airline’s stock worth $48,047,000 after acquiring an additional 1,823,928 shares in the last quarter. Finally, Toronto Dominion Bank grew its position in American Airlines Group by 379.6% in the 3rd quarter. Toronto Dominion Bank now owns 1,667,539 shares of the airline’s stock valued at $18,743,000 after acquiring an additional 1,319,859 shares in 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.