American Airlines Group (NASDAQ:AAL) Releases Q1 Earnings Guidance

American Airlines Group (NASDAQ:AAL) issued an update on its first quarter earnings guidance on Tuesday morning. The company provided earnings per share guidance of ~($0.80)-($0.60) for the period, compared to the consensus earnings per share estimate of ($0.30). The company issued revenue guidance of ~flat yr/yr to ~$12.57 billion, compared to the consensus revenue estimate of $13.02 billion.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Jefferies Financial Group raised shares of American Airlines Group from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $12.00 to $20.00 in a research report on Monday, January 6th. Redburn Partners raised shares of American Airlines Group from a “neutral” rating to a “buy” rating and set a $24.00 price target on the stock in a report on Wednesday, February 26th. Susquehanna decreased their price objective on American Airlines Group from $20.00 to $18.00 and set a “neutral” rating for the company in a report on Tuesday, February 4th. Bank of America raised American Airlines Group from an “underperform” rating to a “neutral” rating and raised their price objective for the stock from $12.00 to $20.00 in a research report on Friday, January 17th. Finally, Barclays upped their target price on American Airlines Group from $16.00 to $18.00 and gave the company an “equal weight” rating in a research report on Friday, December 6th. Six analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $19.62.

American Airlines Group Price Performance

Shares of American Airlines Group stock opened at $12.50 on Tuesday. The stock has a market cap of $8.22 billion, a PE ratio of 10.97, a price-to-earnings-growth ratio of 0.21 and a beta of 1.27. The firm has a fifty day moving average price of $16.45 and a 200 day moving average price of $14.44. American Airlines Group has a 1 year low of $9.07 and a 1 year high of $19.10.

American Airlines Group (NASDAQ:AAL) last released its quarterly earnings data on Thursday, January 23rd. The airline reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.47. American Airlines Group had a negative return on equity of 28.56% and a net margin of 1.56%. As a group, equities analysts expect that American Airlines Group will post 2.42 EPS for the current year.

Insiders Place Their Bets

In other American Airlines Group news, CEO Robert D. Isom, Jr. sold 102,441 shares of American Airlines Group stock in a transaction on Friday, December 27th. The shares were sold at an average price of $17.21, for a total value of $1,763,009.61. Following the completion of the transaction, the chief executive officer now owns 2,967,984 shares of the company’s stock, valued at approximately $51,079,004.64. The trade was a 3.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Angela Owens sold 51,906 shares of the company’s stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $17.15, for a total transaction of $890,187.90. Following the completion of the transaction, the senior vice president now owns 112,412 shares of the company’s stock, valued at approximately $1,927,865.80. This trade represents a 31.59 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.49% of the company’s stock.

About American Airlines Group

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.