American Airlines Group Inc. (NASDAQ:AAL) registered a -5.32% decrease, still its new closing price is 89.98% up from the company’s 1 year high of 50.64.It posted -2.19% losses in previous 5 sessions and is now the subject of 7 analysts who together assign a hold rating on stock. 2 of Wall Street analysts have an underperform rating; the 0 sells versus 5 buy or better ratings. The 16 stock analysts following this company have an average price target at $54.13, with individual PT in the $42.00-$65.00 range. The shares moved at $46.95, implying that brokerage firms see shares gaining about 24.48% in twelve months time.
American Airlines Group Inc. (AAL) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 0.56% rise year to date. A Chairman and CEO at American Airlines Group Inc. (AAL) offloaded shares in a transaction closed on Wednesday January 11, 2017. PARKER W DOUGLAS sold 4,129 shares in the company at $49 each and collected $202,000 in proceeds. PARKER W DOUGLAS now owns 1,541,370 shares in the company after this transaction. A Chairman and CEO in the company, PARKER W DOUGLAS, disclosed a transaction on Wednesday December 28, 2016 that ended up generating $5,471,001 from the sale of 113,706 shares at $48.12 per share.
American Airlines Group Inc. (NASDAQ:AAL) Upcoming Results on Tap
American Airlines Group Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.61 in that period. Sales during the quarter are predicted to arrive at $9.63 billion.
Earnings surprise history: Last quarter, the company posted approximately $9.79 billion in revenue and EPS of $0.92. The mean forecast was for $9.74 billion and $0.92 a share, respectively. One quarter earlier, revenue for the stock was at $10.59 billion, with earnings at $1.76/share.
American Airlines Group Inc. (AAL) Brokerage Update
American Airlines Group Inc. (AAL) is in Raymond James’s research list so their analyst rating change is noteworthy. These shares were downgraded to Mkt Perform from Outperform by Raymond James, according to news reported on Wednesday September 21, 2016.Another important research note was issued by Credit Suisse on Wednesday July 06, 2016.The firm downgraded AAL to Underperform from Outperform. Over the last six months and over the last three months, the shares of American Airlines Group Inc. (AAL), have changed 29.91% and 19.71%, respectively.