American Airlines Group (AAL) to Release Quarterly Earnings on Thursday

American Airlines Group (NASDAQ:AAL - Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.39 per share and revenue of $13,124,300.00 billion for the quarter. Individual that are interested in registering for the company's earnings conference call can do so using this link.

American Airlines Group (NASDAQ:AAL - Get Free Report) last posted its earnings results on Thursday, October 24th. The airline reported $0.30 EPS for the quarter, topping the consensus estimate of $0.16 by $0.14. The firm had revenue of $13.65 billion during the quarter, compared to analysts' expectations of $13.50 billion. American Airlines Group had a net margin of 0.51% and a negative return on equity of 18.62%. American Airlines Group's quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.38 EPS. On average, analysts expect American Airlines Group to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

American Airlines Group Stock Performance

Shares of AAL traded up $0.37 during mid-day trading on Tuesday, reaching $18.64. 30,594,683 shares of the company's stock traded hands, compared to its average volume of 26,268,971. American Airlines Group has a 12 month low of $9.07 and a 12 month high of $18.65. The stock has a market capitalization of $12.25 billion, a P/E ratio of 56.49, a price-to-earnings-growth ratio of 0.19 and a beta of 1.35. The business's 50-day moving average price is $16.41 and its 200-day moving average price is $13.07.

Insider Activity at American Airlines Group

In related news, CEO Robert D. Isom, Jr. sold 102,441 shares of the company's stock in a transaction on Friday, December 27th. The stock was sold at an average price of $17.21, for a total transaction of $1,763,009.61. Following the transaction, the chief executive officer now directly owns 2,967,984 shares of the company's stock, valued at approximately $51,079,004.64. The trade was a 3.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.49% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts have issued reports on AAL shares. UBS Group upgraded American Airlines Group from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, December 10th. StockNews.com downgraded shares of American Airlines Group from a "buy" rating to a "hold" rating in a report on Tuesday. Citigroup raised their target price on shares of American Airlines Group from $19.00 to $23.00 and gave the company a "buy" rating in a research note on Thursday, December 12th. Barclays boosted their price target on shares of American Airlines Group from $16.00 to $18.00 and gave the stock an "equal weight" rating in a research report on Friday, December 6th. Finally, Raymond James upgraded shares of American Airlines Group from a "market perform" rating to an "outperform" rating and set a $24.00 price objective on the stock in a research note on Monday, December 30th. Eight investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $18.94.

American Airlines Group Company Profile

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.