American Airlines Group Inc Slashes TRASM Guidance Amid Lower Cancellations
- Author: Darren Santiago Mar 11, 2017,
Mar 11, 2017, 0:44
According to their observations and findings, the stock could provide a high EPS of $1.7/share and a Low EPS of $1.32/share. Evercore Wealth Management LLC increased its position in American Airlines Group by 60.1% in the second quarter.
The sales growth quarter on quarter is at 1.70% while the total number of outstanding shares are at 514.57. Company price to earnings (P/E) ratio, which measures the relationship between the earnings of a company and its stock price, is calculated as 9.40. Finally, BNP Paribas Arbitrage SA increased its position in American Airlines Group by 47.7% in the third quarter. RS Investment Management Co.
The Stock now has the market capitalization of $22.3 Billion, P/E (price to earnings ttm) of 9.07 and Weekly volatility of 3.08% and monthly volatility of 2.33% respectively.
American Airlines Group, Inc. has a 52 week low of $24.85 and a 52 week high of $50.64. Current ratio which is the relationship between current assets and current liabilities, indicating the liquidity of a business is calculated as 1.00. The stock is trading $46.50 its 50-day moving average by 3.17%.
Vetr upgraded shares of American Airlines Group Inc (NASDAQ:AAL) from a hold rating to a buy rating in a research report report published on Tuesday morning. Similarly, the positive performance for the quarter recorded as -6.47% and for the year was 5.14%, while the YTD performance remained at -6.99%. The airline reported $0.92 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.92. Together with its regional airline subsidiaries and third-party regional carriers operating as American Eagle, its airline operated an average of almost 6,700 flights per day to almost 350 destinations in more than 50 countries, principally from its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, District of Columbia, as of December 31, 2016. (NASDAQ:AAL)'s latest quarter, EPS moved to $0.92 from $1.76 in preceding quarter and revenues reached at $9,789.00M compared to $10,594.00M. Analysts forecast that American Airlines Group will post $4.62 earnings per share for the current fiscal year.
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American Airlines Group (NASDAQ:AAL) last issued its quarterly earnings data on Friday, January 27th.
08/30/2016 - American Airlines Group, Inc. had its "underperform" rating reiterated by analysts at Credit Suisse. During its last trading session, Stock traded with the total exchanged volume of 9.33 million shares. That is compared with the $1.99 in EPS it reported during the same period a year ago.
Analysts' mean recommendation for American Airlines Group Inc. The company has a consensus rating of Hold and an average price target of $46.41. The stock has a consensus rating of "Hold" and an average price target of $46.14.
In other news, Director Ray M. Robinson sold 8,000 shares of the stock in a transaction that occurred on Tuesday, February 7th. The shares were sold at an average price of $48.12, for a total transaction of $5,471,532.72. Following the completion of the sale, the president now owns 645,179 shares of the company's stock, valued at approximately $30,071,793.19. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Chairman W Douglas Parker sold 113,706 shares of the stock in a transaction that occurred on Wednesday, December 28th.