News coverage about American Airlines Group (NASDAQ:AAL) has trended neutral on Sunday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. American Airlines Group earned a media sentiment score of 0.50 on their scale. InfoTrie also gave news stories about the airline an news buzz score of 6 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company’s share price in the next few days.
These are some of the news headlines that may have effected American Airlines Group’s ranking:
Shares of NASDAQ:AAL opened at $25.42 on Friday. The firm has a 50 day simple moving average of $30.36 and a 200 day simple moving average of $32.19. The company has a market cap of $11.76 billion, a price-to-earnings ratio of 5.59, a PEG ratio of 0.32 and a beta of 1.66. American Airlines Group has a one year low of $25.14 and a one year high of $43.89.
American Airlines Group (NASDAQ:AAL) last announced its earnings results on Thursday, July 25th. The airline reported $1.82 earnings per share for the quarter, topping analysts’ consensus estimates of $1.77 by $0.05. American Airlines Group had a net margin of 3.35% and a negative return on equity of 588.10%. The business had revenue of $11.96 billion during the quarter, compared to the consensus estimate of $11.98 billion. During the same quarter last year, the firm earned $1.63 earnings per share. American Airlines Group’s quarterly revenue was up 2.7% on a year-over-year basis. As a group, equities analysts predict that American Airlines Group will post 4.91 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, August 21st. Shareholders of record on Wednesday, August 7th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date of this dividend was Tuesday, August 6th. American Airlines Group’s payout ratio is 8.79%.
Several equities research analysts have commented on AAL shares. Buckingham Research cut their price target on shares of American Airlines Group from $45.00 to $43.00 and set a “buy” rating on the stock in a research report on Thursday, July 11th. Morgan Stanley cut shares of American Airlines Group from an “equal weight” rating to an “underweight” rating and dropped their target price for the company from $40.00 to $26.00 in a report on Monday, May 20th. Macquarie cut shares of American Airlines Group from an “outperform” rating to a “neutral” rating and dropped their target price for the company from $43.00 to $34.00 in a report on Monday, July 29th. Credit Suisse Group cut shares of American Airlines Group from a “neutral” rating to an “underperform” rating and dropped their target price for the company from $32.00 to $30.00 in a report on Monday, July 8th. Finally, Standpoint Research initiated coverage on shares of American Airlines Group in a report on Wednesday, June 5th. They issued a “buy” rating on the stock. Four analysts have rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company’s stock. American Airlines Group currently has a consensus rating of “Hold” and a consensus price target of $41.19.
In other news, Director Ray M. Robinson sold 6,930 shares of American Airlines Group stock in a transaction dated Friday, August 2nd. The shares were sold at an average price of $29.11, for a total transaction of $201,732.30. Following the completion of the transaction, the director now directly owns 29,754 shares in the company, valued at $866,138.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO W Douglas Parker acquired 50,000 shares of American Airlines Group stock in a transaction dated Tuesday, June 4th. The shares were acquired at an average price of $28.09 per share, with a total value of $1,404,500.00. Following the completion of the acquisition, the chief executive officer now directly owns 2,201,636 shares of the company’s stock, valued at $61,843,955.24. The disclosure for this purchase can be found here. Insiders acquired 99,000 shares of company stock valued at $2,787,070 over the last 90 days. Corporate insiders own 0.86% of the company’s stock.
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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