Shares of American Airlines Group Inc (NASDAQ:AAL) have received an average recommendation of “Hold” from the twenty-two analysts that are currently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $40.94.

A number of research analysts have recently commented on AAL shares. Morgan Stanley lowered their target price on American Airlines Group from $26.00 to $25.00 and set an “underweight” rating for the company in a research report on Tuesday. Deutsche Bank set a $42.00 price target on American Airlines Group and gave the stock a “buy” rating in a research report on Friday, July 26th. ValuEngine downgraded American Airlines Group from a “sell” rating to a “strong sell” rating in a research report on Saturday, July 27th. Citigroup set a $54.00 price target on American Airlines Group and gave the stock a “buy” rating in a research report on Friday, July 26th. Finally, Macquarie downgraded American Airlines Group from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $43.00 to $34.00 in a research report on Monday, July 29th.

In other news, President Robert D. Isom, Jr. purchased 2,500 shares of the business’s stock in a transaction dated Thursday, August 29th. The shares were purchased at an average price of $26.34 per share, for a total transaction of $65,850.00. Following the completion of the purchase, the president now owns 771,271 shares in the company, valued at approximately $20,315,278.14. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, Director Michael J. Embler purchased 4,000 shares of the business’s stock in a transaction dated Monday, August 5th. The shares were purchased at an average price of $28.18 per share, for a total transaction of $112,720.00. Following the purchase, the director now owns 30,969 shares of the company’s stock, valued at approximately $872,706.42. The disclosure for this purchase can be found here. 0.86% of the stock is currently owned by company insiders.

Several institutional investors have recently made changes to their positions in AAL. Steward Partners Investment Advisory LLC purchased a new position in shares of American Airlines Group during the second quarter valued at $25,000. NEXT Financial Group Inc grew its stake in American Airlines Group by 4,545.5% in the second quarter. NEXT Financial Group Inc now owns 1,022 shares of the airline’s stock valued at $33,000 after purchasing an additional 1,000 shares during the last quarter. Global Wealth Management Investment Advisory Inc. grew its stake in American Airlines Group by 69.4% in the first quarter. Global Wealth Management Investment Advisory Inc. now owns 1,067 shares of the airline’s stock valued at $34,000 after purchasing an additional 437 shares during the last quarter. Westside Investment Management Inc. purchased a new position in American Airlines Group in the second quarter valued at about $58,000. Finally, Salomon & Ludwin LLC purchased a new position in American Airlines Group in the second quarter valued at about $65,000. Hedge funds and other institutional investors own 79.11% of the company’s stock.

Shares of NASDAQ AAL traded up $0.01 during midday trading on Friday, reaching $29.95. 4,319,792 shares of the stock traded hands, compared to its average volume of 7,015,776. The stock has a market capitalization of $12.97 billion, a PE ratio of 6.58, a P/E/G ratio of 0.36 and a beta of 1.72. American Airlines Group has a one year low of $24.23 and a one year high of $43.89. The company’s 50 day moving average is $27.93 and its 200 day moving average is $31.33.

American Airlines Group (NASDAQ:AAL) last posted its earnings results on Thursday, July 25th. The airline reported $1.82 EPS for the quarter, beating analysts’ consensus estimates of $1.77 by $0.05. The firm had revenue of $11.96 billion during the quarter, compared to the consensus estimate of $11.98 billion. American Airlines Group had a negative return on equity of 588.10% and a net margin of 3.35%. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.63 EPS. On average, equities research analysts forecast that American Airlines Group will post 4.9 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 21st. Stockholders of record on Wednesday, August 7th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, August 6th. This represents a $0.40 annualized dividend and a dividend yield of 1.34%. American Airlines Group’s dividend payout ratio (DPR) is 8.79%.

About American Airlines Group

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, 2018, the company operated a mainline fleet of 956 aircraft. It serves 350 destinations in approximately 50 countries, principally from its hubs in Charlotte, Chicago, Dallas/Fort Worth, London Heathrow, Los Angeles, Miami, New York, Philadelphia, Phoenix, and 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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Analyst Recommendations for American Airlines Group (NASDAQ:AAL)

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