Media coverage about American Airlines Group (NASDAQ:AAL) has been trending neutral on Saturday, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than 6,000 news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. American Airlines Group earned a media sentiment score of 0.50 on their scale. InfoTrie also assigned media coverage about the airline an news buzz score of 6 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company’s share price in the near term.
These are some of the headlines that may have effected American Airlines Group’s ranking:
Shares of American Airlines Group stock opened at $28.78 on Friday. The company has a market cap of $12.75 billion, a P/E ratio of 6.33, a P/E/G ratio of 0.34 and a beta of 1.66. The business has a fifty day moving average price of $31.90. American Airlines Group has a fifty-two week low of $27.02 and a fifty-two week high of $43.89.
American Airlines Group (NASDAQ:AAL) last issued its earnings results on Thursday, July 25th. The airline reported $1.82 earnings per share for the quarter, topping the consensus estimate of $1.77 by $0.05. The company had revenue of $11.96 billion during the quarter, compared to the consensus estimate of $11.98 billion. American Airlines Group had a net margin of 3.35% and a negative return on equity of 588.10%. American Airlines Group’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.63 EPS. On average, equities research analysts expect that American Airlines Group will post 4.98 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 21st. Investors of record on Wednesday, August 7th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.39%. The ex-dividend date is Tuesday, August 6th. American Airlines Group’s dividend payout ratio is currently 8.79%.
A number of equities research analysts have weighed in on the stock. Barclays decreased their target price on shares of American Airlines Group from $60.00 to $48.00 and set an “overweight” rating for the company in a research note on Monday, May 20th. Macquarie lowered shares of American Airlines Group from an “outperform” rating to a “neutral” rating and decreased their target price for the company from $43.00 to $34.00 in a research note on Monday, July 29th. Credit Suisse Group downgraded shares of American Airlines Group from a “neutral” rating to an “underperform” rating and cut their price objective for the company from $32.00 to $30.00 in a research report on Monday, July 8th. Standpoint Research started coverage on shares of American Airlines Group in a research report on Wednesday, June 5th. They set a “buy” rating for the company. Finally, Morgan Stanley downgraded shares of American Airlines Group from an “equal weight” rating to an “underweight” rating and cut their price objective for the company from $40.00 to $26.00 in a research report on Monday, May 20th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $41.19.
In other news, EVP Stephen L. Johnson bought 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 4th. The stock was bought at an average price of $27.72 per share, with a total value of $138,600.00. Following the acquisition, the executive vice president now owns 622,580 shares of the company’s stock, valued at approximately $17,257,917.60. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO W Douglas Parker bought 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 4th. The stock was purchased at an average cost of $28.09 per share, with a total value of $1,404,500.00. Following the acquisition, the chief executive officer now directly owns 2,201,636 shares in the company, valued at approximately $61,843,955.24. The disclosure for this purchase can be found here. Insiders purchased a total of 99,000 shares of company stock valued at $2,787,070 in the last ninety days. 0.86% of the stock is currently owned by insiders.
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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