Overdone Or More To Come? American Airlines Group Inc. (AAL)

Wall Street analysts will be watching closely when American Airlines Group Inc. (NASDAQ:AAL) reports its quarterly earnings next, which is scheduled for Thu 25 Apr (In 72 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.65 per share. In the preceding quarter, the company reportedly generated EPS of $1.04 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 7.50%, a profit margin of 1.90% and a gross margin of 62.00%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of American Airlines Group Inc. (NASDAQ:AAL). Most recently, on February 8th, 2019, Argus Initiated a Hold rating. Before that, on February 4th, 2019, Vertical Research Initiated to Hold. Imperial Capital Reiterated a Outperform rating on January 25th, 2019, Imperial Capital Reiterated an Outperform rating on January 11th, 2019, and Cowen Reiterated a Outperform rating on January 10th, 2019.

At its current price point, combined with the fact that this company has 462.76M shares outstanding, the current market capitalization sits at 16.54B. In the last trading day, 6,593,473 shares of American Airlines Group Inc. were traded, which compares to its usual volume of about 8.82M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by -$1.18 in the past five trading days, resulting in a percentage change of -3.20% and a moving average of 36.25. In the past 20 days, its price changed by $4.04 (which is +12.74%) and the stock’s moving average was 35.08. Looking back a full 50 days, shares of AAL changed by -$3.19 (which is -8.19%) and demonstrated a moving average of 34.03.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 39.31%, a 14-day Stochastic %K score of 78.11% and a 20-day Stochastic %K score of 82.01%. Using a similar metric, American Airlines Group Inc. (AAL) shares showed a Stochastic %D of 50.92% over the past 9 days, a Stochastic %D score of 81.88% over the last 14 days, and a 20-day Stochastic %D of 84.86%. Meanwhile, this stock’s MACD Oscillator was -0.20 over the past 9 days, 0.06 over the past two weeks, and 1.03 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $35.75 level. Over the past 12 months, this stock has experienced a high price of $57.44 and a low of $28.81. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

PRIMECAP Management Co purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from American Airlines Group Inc. (NASDAQ:AAL) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 68,944,981 shares of the company’s stock following the addition of 9,665,167 to this investor’s holdings during the three-month period. This share count represents that PRIMECAP Management Co now held 14.97% stake in American Airlines Group Inc. (AAL)’s shares.

Just in the most recent trading day, American Airlines Group Inc. (NASDAQ:AAL) experienced a high price of $37.17 and low point of $35.67. At the end of the last trading session, this stock was at 35.75 per share, following a gain of $0.17, or -2.30% during the full day.