Investors Buy Shares of American Airlines Group (AAL) on Weakness

Traders purchased shares of American Airlines Group Inc (NASDAQ:AAL) on weakness during trading on Friday. $114.17 million flowed into the stock on the tick-up and $29.46 million flowed out of the stock on the tick-down, for a money net flow of $84.71 million into the stock. Of all companies tracked, American Airlines Group had the 30th highest net in-flow for the day. American Airlines Group traded down ($0.70) for the day and closed at $31.43

A number of equities analysts recently weighed in on AAL shares. Credit Suisse Group started coverage on shares of American Airlines Group in a report on Monday, November 19th. They issued a “neutral” rating and a $41.00 price objective for the company. ValuEngine lowered shares of American Airlines Group from a “sell” rating to a “strong sell” rating in a report on Friday, January 11th. Cowen restated an “outperform” rating and issued a $42.00 price objective (down from $43.00) on shares of American Airlines Group in a report on Thursday, January 10th. Vertical Research started coverage on shares of American Airlines Group in a report on Monday, February 4th. They issued a “hold” rating for the company. Finally, Imperial Capital decreased their price objective on shares of American Airlines Group from $55.00 to $45.00 and set an “outperform” rating for the company in a report on Wednesday, January 9th. They noted that the move was a valuation call. Two analysts have rated the stock with a sell rating, eight have given a hold rating and eleven have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $46.39.

The company has a market cap of $14.30 billion, a price-to-earnings ratio of 6.91, a price-to-earnings-growth ratio of 0.32 and a beta of 1.55.

American Airlines Group (NASDAQ:AAL) last announced its earnings results on Thursday, January 24th. The airline reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.03. The business had revenue of $10.94 billion during the quarter, compared to analyst estimates of $10.94 billion. American Airlines Group had a net margin of 3.17% and a negative return on equity of 322.87%. The company’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.95 EPS. On average, analysts predict that American Airlines Group Inc will post 6 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 20th. Shareholders of record on Wednesday, February 6th were paid a dividend of $0.10 per share. The ex-dividend date was Tuesday, February 5th. This represents a $0.40 dividend on an annualized basis and a yield of 1.27%. American Airlines Group’s dividend payout ratio is presently 8.79%.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Signet Investment Advisory Group Inc. purchased a new stake in shares of American Airlines Group in the 4th quarter worth $32,000. Capital Investment Advisory Services LLC purchased a new stake in shares of American Airlines Group in the 4th quarter worth $32,000. JNBA Financial Advisors purchased a new stake in shares of American Airlines Group in the 4th quarter worth $32,000. IMS Capital Management purchased a new stake in shares of American Airlines Group in the 3rd quarter worth $35,000. Finally, Financial Gravity Companies Inc. purchased a new stake in shares of American Airlines Group in the 4th quarter worth $44,000. Institutional investors and hedge funds own 78.96% of the company’s stock.

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About American Airlines Group (NASDAQ:AAL)

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, 2017, the company operated a mainline fleet of 948 aircraft. It serves 350 destinations in approximately 50 countries, principally from its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, and Phoenix, as well as in 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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