Headlines about American Airlines Group (NASDAQ:AAL) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. American Airlines Group earned a media sentiment score of 0.01 on Accern’s scale. Accern also assigned headlines about the airline an impact score of 79 out of 100, meaning that recent press coverage is likely to have an effect on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
- American Airlines Group Inc. (AAL) Stock Busy in Financial Matters- Electronics for Imaging, Inc. (EFII) – Investing News Update (investingbizz.com)
- For Airlines, How Much Is A Frequent Flyer Mile Worth? (finance.yahoo.com)
- World’s largest commercial airliner will start operating out of Chicago for the first time (finance.yahoo.com)
- American Airlines rolling out slick microsites for Chicago, N.Y.C. and L.A. (finance.yahoo.com)
- American Airlines Group, Inc. (AAL) Earns Hold Rating from Sanford C. Bernstein (expressnewsline.com)
Shares of American Airlines Group (AAL) traded down 1.15% during midday trading on Tuesday, reaching $50.00. The company’s stock had a trading volume of 4,268,721 shares. The firm has a market capitalization of $24.35 billion, a PE ratio of 12.41 and a beta of 0.96. The company’s 50-day moving average price is $50.93 and its 200 day moving average price is $46.80. American Airlines Group has a 1-year low of $33.74 and a 1-year high of $54.48. American Airlines Group also was the target of unusually large options trading on Monday. Investors purchased 1,841 put options on the stock. This is an increase of approximately 221% compared to the typical daily volume of 574 put options.
American Airlines Group (NASDAQ:AAL) last announced its quarterly earnings results on Friday, July 28th. The airline reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.87 by $0.05. The business had revenue of $11.11 billion for the quarter, compared to the consensus estimate of $11.08 billion. American Airlines Group had a return on equity of 83.58% and a net margin of 5.02%. The business’s revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the business posted $1.77 EPS. On average, equities research analysts forecast that American Airlines Group will post $5.13 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, August 28th. Investors of record on Monday, August 14th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.80%. The ex-dividend date is Thursday, August 10th. American Airlines Group’s dividend payout ratio is currently 9.88%.
A number of analysts recently issued reports on the company. BidaskClub downgraded American Airlines Group from a “buy” rating to a “hold” rating in a research report on Sunday, July 30th. Sanford C. Bernstein reissued a “hold” rating on shares of American Airlines Group in a research report on Monday. Bank of America Corporation raised their price objective on American Airlines Group to $61.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 1st. Buckingham Research reissued a “buy” rating and set a $70.00 price objective (up from $68.00) on shares of American Airlines Group in a research report on Monday, July 31st. Finally, J P Morgan Chase & Co raised American Airlines Group from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $52.00 to $61.00 in a research report on Tuesday, August 1st. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $53.57.
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In related news, VP Derek J. Kerr sold 104,223 shares of American Airlines Group stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $50.00, for a total value of $5,211,150.00. Following the transaction, the vice president now directly owns 591,195 shares in the company, valued at approximately $29,559,750. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Maya Leibman sold 23,857 shares of American Airlines Group stock in a transaction on Thursday, May 11th. The stock was sold at an average price of $47.24, for a total value of $1,127,004.68. Following the completion of the transaction, the executive vice president now owns 182,178 shares in the company, valued at $8,606,088.72. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 211,480 shares of company stock worth $10,516,971. 0.69% of the stock is owned by insiders.
American Airlines Group Company Profile
American Airlines Group Inc is a holding company. The Company’s primary business activity is the operation of a network air carrier, providing scheduled air transportation for passengers and cargo. The Company operates through American segment, which provides air transportation for passengers and cargo.
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