American Airlines Group Inc. (NASDAQ:AAL) – Investment analysts at Seaport Res Ptn issued their Q4 2022 EPS estimates for shares of American Airlines Group in a note issued to investors on Tuesday, January 11th. Seaport Res Ptn analyst D. Mckenzie expects that the airline will post earnings of $0.75 per share for the quarter.
American Airlines Group (NASDAQ:AAL) last issued its quarterly earnings results on Wednesday, October 20th. The airline reported ($0.99) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.04) by $0.05. The business had revenue of $9 billion for the quarter, compared to analysts’ expectations of $8.92 billion. During the same period in the prior year, the company earned ($5.54) EPS. The company’s revenue for the quarter was up 183.6% compared to the same quarter last year.
Shares of American Airlines Group stock opened at $18.49 on Thursday. The firm has a market cap of $11.97 billion, a PE ratio of -3.36 and a beta of 1.66. The business’s fifty day moving average is $18.64 and its two-hundred day moving average is $19.68. American Airlines Group has a fifty-two week low of $15.02 and a fifty-two week high of $26.09.
A number of large investors have recently made changes to their positions in AAL. Evolution Wealth Advisors LLC raised its holdings in American Airlines Group by 71.4% during the third quarter. Evolution Wealth Advisors LLC now owns 1,200 shares of the airline’s stock worth $25,000 after purchasing an additional 500 shares in the last quarter. O Shaughnessy Asset Management LLC raised its holdings in American Airlines Group by 86.1% during the second quarter. O Shaughnessy Asset Management LLC now owns 1,351 shares of the airline’s stock worth $29,000 after purchasing an additional 625 shares in the last quarter. FinTrust Capital Advisors LLC grew its position in American Airlines Group by 200.0% in the second quarter. FinTrust Capital Advisors LLC now owns 1,500 shares of the airline’s stock worth $32,000 after buying an additional 1,000 shares during the last quarter. Stonebridge Capital Advisors LLC acquired a new position in American Airlines Group in the second quarter worth approximately $32,000. Finally, Optimum Investment Advisors grew its position in American Airlines Group by 84.0% in the third quarter. Optimum Investment Advisors now owns 1,720 shares of the airline’s stock worth $35,000 after buying an additional 785 shares during the last quarter. 56.31% of the stock is currently owned by hedge funds and other institutional investors.
About American Airlines Group
American Airlines Group, Inc is a holding company, which engages in the operation of a network carrier through its principal wholly-owned mainline operating subsidiary, American. The firm offers air transportation for passengers and cargo. It operates through the following geographical segments: Department of Transportation Domestic; Department of Transportation Latin America; Department of Transportation Atlantic; and Department of Transportation Pacific.
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