American Airlines Group (NASDAQ:AAL – Get Free Report) was upgraded by UBS Group to a “strong-buy” rating in a research note issued on Tuesday,Zacks.com reports.
Other equities research analysts have also issued reports about the stock. TD Cowen decreased their price target on shares of American Airlines Group from $17.00 to $13.00 and set a “buy” rating on the stock in a report on Monday, March 9th. Bank of America increased their target price on shares of American Airlines Group from $14.00 to $16.00 and gave the company a “neutral” rating in a research report on Monday. Morgan Stanley increased their price target on American Airlines Group from $20.00 to $24.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. BMO Capital Markets boosted their price objective on American Airlines Group from $12.00 to $13.50 and gave the company a “market perform” rating in a research note on Friday, April 24th. Finally, Citigroup restated a “neutral” rating on shares of American Airlines Group in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, American Airlines Group presently has an average rating of “Hold” and a consensus price target of $15.82.
Get Our Latest Stock Report on American Airlines Group
American Airlines Group Price Performance
American Airlines Group (NASDAQ:AAL – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The airline reported ($0.40) EPS for the quarter, beating the consensus estimate of ($0.45) by $0.05. American Airlines Group had a net margin of 0.36% and a negative return on equity of 9.11%. The business had revenue of $13.91 billion for the quarter, compared to the consensus estimate of $16.13 billion. During the same period in the prior year, the company posted ($0.59) earnings per share. American Airlines Group’s revenue was up 10.8% compared to the same quarter last year. American Airlines Group has set its FY 2026 guidance at -0.400-1.100 EPS and its Q2 2026 guidance at -0.200-0.200 EPS. Analysts predict that American Airlines Group will post 0.13 earnings per share for the current fiscal year.
Institutional Investors Weigh In On American Airlines Group
Several hedge funds and other institutional investors have recently made changes to their positions in AAL. Renaissance Technologies LLC raised its holdings in shares of American Airlines Group by 569.4% in the 1st quarter. Renaissance Technologies LLC now owns 9,687,232 shares of the airline’s stock worth $104,041,000 after acquiring an additional 8,240,100 shares during the last quarter. Two Sigma Investments LP boosted its stake in American Airlines Group by 49.1% during the 3rd quarter. Two Sigma Investments LP now owns 13,670,800 shares of the airline’s stock valued at $153,660,000 after purchasing an additional 4,500,897 shares during the last quarter. Norges Bank bought a new stake in American Airlines Group during the 4th quarter worth approximately $33,198,000. AQR Capital Management LLC raised its stake in shares of American Airlines Group by 1,711.5% in the fourth quarter. AQR Capital Management LLC now owns 1,984,457 shares of the airline’s stock worth $30,422,000 after purchasing an additional 1,874,909 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in shares of American Airlines Group by 572.8% in the fourth quarter. First Trust Advisors LP now owns 2,152,577 shares of the airline’s stock worth $32,999,000 after purchasing an additional 1,832,613 shares during the last quarter. 52.44% of the stock is owned by institutional investors.
Key American Airlines Group News
Here are the key news stories impacting American Airlines Group this week:
- Positive Sentiment: Crude oil has fallen to multi-week lows, lifting airline stocks broadly as investors expect lower operating costs for carriers, including American Airlines Group. AAL, UAL, ALK, JBLU And Other Airline Stocks Are Flying Higher Today — Crude Prices Fall To Multi-Week Lows
- Positive Sentiment: Reuters reported U.S. airline stocks rose 3% to 7% after oil retreated to pre-Iran war levels, reinforcing the view that fuel costs may ease pressure on earnings. US airline stocks rise as oil retreats to pre-Iran war levels
- Positive Sentiment: American Airlines stock was among the biggest sector gainers, with traders also citing a technical breakout tied to falling jet-fuel prices. Stock Market Today, June 23: American Airlines Rallies After Jet-Fuel Price Drop Spurs Technical Breakout
- Neutral Sentiment: Jefferies raised its price target on American Airlines Group to $16 from $15 but kept a hold rating, implying the stock may already be trading above the firm’s fair value estimate. Benzinga report on Jefferies price target update
- Neutral Sentiment: UBS said U.S. airlines may issue third-quarter guidance above consensus, which supports the sector outlook but is not specific to American Airlines. US Airlines Seen Setting Q3 Profit Guidance Above Consensus, UBS Says
About American Airlines Group
American Airlines Group Inc is a leading global airline holding company headquartered in Fort Worth, Texas. Formed in December 2013 through the merger of AMR Corporation (parent of American Airlines) and US Airways Group, the company operates one of the world’s largest passenger and cargo networks. Its subsidiaries include American Airlines, which provides mainline service, and American Eagle, a network of regional carriers operating short- and medium-haul routes on behalf of the mainline carrier.
The company offers scheduled air transportation for passengers and cargo to more than 350 destinations in over 50 countries.
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