View analysts price targets for AAL or view top-rated stocks among Wall Street analysts. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company’s expected earnings growth rate into account. Transportation – Airline stocks are, on average, holding a PEG ratio of 0.34 based on yesterday’s closing prices. 15 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for American Airlines Group in the last year. There are currently 2 sell ratings, 10 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “hold” AAL shares.
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Valuation is also important, so investors should note that American Airlines has a Forward P/E ratio of 4.53 right now. For comparison, its industry has an average Forward P/E of 8.43, which means American Airlines is trading at a discount to the group. The company now expects to pay an average of between $2.90 and $3.00 per gallon of jet fuel in the third quarter, while earlier estimate was between $2.55 and $2.65 per gallon. Third-quarter adjusted operating margin is now expected to be around 4 percent to 5 percent, down from previous estimate of 8 percent to 10 percent. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.
About American Airlines Group, Inc.
A hold rating indicates that analysts believe investors should maintain any existing positions they have in AAL, but not buy additional shares or sell existing shares. Formed in December of 2013 through the merger of AMR Corporation and US Airways Group, the company is headquartered in Fort Worth, Texas. American Airlines Group Inc. has a strong presence in the aviation industry, providing a wide range of domestic and international air travel services.
- For the third quarter, the company now expects adjusted earnings per share to be between approximately $0.20 and $0.30, sharply lower than previous estimate of around $0.85 to $0.95.
- Before the coronavirus pandemic, much of American Airlines’ story was based on realizing cost efficiencies from its 2013 merger with US Airways and strengthening its hubs to expand margins.
- And all of the new shares of AMC stock that the firm has sold will weigh on its share price.
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These results would represent year-over-year changes of +518% and +8.46%, respectively. Heading into today, shares of the world’s largest airline had lost 11.17% over the past month, lagging the Transportation sector’s loss of 6.54% and the S&P 500’s loss of 1.27% in that time. For the third quarter, the company now expects adjusted earnings per share to be between approximately $0.20 and $0.30, sharply lower than previous estimate of around $0.85 to $0.95.
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Robert Isom serves as the Chief Executive Officer of American Airlines Group Inc. He brings a wealth of industry knowledge and has held various executive positions within the company before assuming his current role. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. On the date of publication, Larry Ramer did not hold (either directly or indirectly) any positions in the securities mentioned in this article.
The remainder of the adjustment to the updated outlook is driven by higher fuel prices in the quarter. In pre-market activity on Nasdaq, the shares were losing around 3.6 percent to trade at $13.60. Which stocks are major institutional investors including hedge funds and endowments buying in today’s market?
However, notable bullish analysts like Wedbush’s Daniel Ives are looking beyond the recent slate of China headwinds to catalysts that could lift the share price over the coming year. Any recent changes to analyst estimates for American Airlines should also be noted by investors. As a result, we can interpret positive estimate revisions as a good sign for the company’s business outlook. Larry Ramer has conducted research and written articles on U.S. stocks for 15 years.
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risks and opportunities. Second, the latest iPhone 15 Pro will allow users to capture “spatial videos” multi channel distribution that can be enjoyed on the company’s coming headset, Apple Vision Pro. The headset hasn’t even launched yet, but it already looks like it’ll integrate well alongside other Apple devices, including the iPhone. The biggest losers from the prohibition may be the Chinese government workers who are being forced out of the Apple ecosystem.
Southwest Airlines Co. stock outperforms market despite losses on the day
He has been employed by The Fly and Israel’s largest business newspaper, Globes. Among his highly successful, contrarian picks have been PLUG, XOM and solar stocks. On average, 15 analysts polled by Thomson Reuters expect earnings of $0.655 per share for the quarter. The pay expense would impact third-quarter adjusted operating margin by around 1.7 points and adjusted earnings per share by $0.23. The average Apple stock price target is $207.10, implying upside potential of 18.9%.
If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for 65 € per month. All told, the China ban worries and lackluster keynote reaction haven’t caused me to give up on the stock. If anything, the September stumble may be a gift for long-term investors. Total revenue for the third quarter is expected to be around flat to prior expectations, with the mid-point of year-over-year TRASM approximately 0.5 points lower compared to previous guidance.
In fact, it’s quite a hassle to move to a new ecosystem that’s not nearly as nice as Apple’s walled garden. The Transportation – Airline industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 85, which puts it in the top 34% of all 250+ industries. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time.
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Our most recent consensus estimate is calling for quarterly revenue of $13.59 billion, up 0.93% from the year-ago period. 15 brokerages have issued 12-month price targets for American Airlines Group’s shares. On average, they anticipate the company’s share price to reach $18.47 in the next year. This suggests a possible upside of 39.9% from the stock’s current price.
This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. American Airlines Group Inc. is led by a skilled and experienced management team dedicated to driving the company’s success. The team comprises individuals with diverse backgrounds and expertise in the aviation industry.
- These results would represent year-over-year changes of +518% and +8.46%, respectively.
- The pay expense would impact third-quarter adjusted operating margin by around 1.7 points and adjusted earnings per share by $0.23.
- Still, investors certainly do love to catastrophize when it comes to Apple.
- Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. American Airlines (AAL) closed at $13.98 in the latest trading session, marking a -0.14% move from the prior day.