American Airlines Group Inc. (NASDAQ:AAL) Receives Consensus Recommendation of “Moderate Buy” from Analysts

American Airlines Group Inc. (NASDAQ:AAL) has been given a consensus recommendation of “Moderate Buy” by the twenty research firms that are currently covering the stock, MarketBeat reports. Seven analysts have rated the stock with a hold rating, ten have given a buy rating and three have given a strong buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $18.99.

A number of brokerages have issued reports on AAL. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $15.00 price target on shares of American Airlines Group in a report on Friday, November 15th. Evercore ISI boosted their target price on American Airlines Group to $18.00 and gave the company a “hold” rating in a report on Thursday, January 9th. Sanford C. Bernstein raised American Airlines Group from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $14.00 to $24.00 in a report on Tuesday, December 10th. Raymond James reissued an “outperform” rating and issued a $23.00 target price (down from $24.00) on shares of American Airlines Group in a report on Friday, January 24th. Finally, Jefferies Financial Group raised American Airlines Group from a “hold” rating to a “buy” rating and boosted their target price for the company from $12.00 to $20.00 in a report on Monday, January 6th.

Insider Transactions at American Airlines Group

In related news, SVP Angela Owens sold 51,906 shares of the firm’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $17.15, for a total value of $890,187.90. Following the completion of the transaction, the senior vice president now directly owns 112,412 shares of the company’s stock, valued at $1,927,865.80. This trade represents a 31.59 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Robert D. Isom, Jr. sold 102,441 shares of the firm’s stock in a transaction that occurred 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 directly owns 2,967,984 shares of the company’s stock, valued at $51,079,004.64. The trade was a 3.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.49% of the company’s stock.

Institutional Investors Weigh In On American Airlines Group

A number of large investors have recently bought and sold shares of the stock. Convergence Investment Partners LLC acquired a new stake in American Airlines Group during the 4th quarter valued at $502,000. SilverOak Wealth Management LLC acquired a new stake in shares of American Airlines Group during the fourth quarter worth $217,000. Bfsg LLC boosted its holdings in American Airlines Group by 269.3% in the fourth quarter. Bfsg LLC now owns 2,057 shares of the airline’s stock valued at $36,000 after acquiring an additional 1,500 shares during the last quarter. CIBC Asset Management Inc boosted its holdings in American Airlines Group by 5.2% in the fourth quarter. CIBC Asset Management Inc now owns 19,987 shares of the airline’s stock valued at $348,000 after acquiring an additional 981 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in American Airlines Group by 69.5% in the fourth quarter. Principal Financial Group Inc. now owns 2,575,571 shares of the airline’s stock valued at $44,892,000 after acquiring an additional 1,055,667 shares during the last quarter. Institutional investors and hedge funds own 52.44% of the company’s stock.

American Airlines Group Price Performance

Shares of NASDAQ AAL opened at $16.92 on Monday. The company has a market capitalization of $11.12 billion, a price-to-earnings ratio of 14.84, a price-to-earnings-growth ratio of 0.24 and a beta of 1.35. The business has a 50-day moving average of $16.98 and a two-hundred day moving average of $13.48. 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 announced its quarterly earnings results on Thursday, January 23rd. The airline reported $0.86 earnings per share (EPS) for the quarter, topping 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 research analysts expect that American Airlines Group will post 2.39 earnings per share for the current year.

American Airlines Group Company Profile

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.