AAL Stock Gets Increased EPS Forecast from Zacks Research

Key Points

• Zacks Research raised its Q3 2027 EPS forecast for American Airlines to $0.40 from $0.36 and maintains a Hold rating. It also forecasts FY2028 EPS of $2.08.
• In its latest reported quarter, American Airlines posted a loss of $0.28 per share, narrower than the $0.36 loss analysts expected; revenue of $16.34 billion beat estimates and rose 19.3% year over year.
• Analyst sentiment is mixed but averages to Hold: nine analysts rate AAL Buy, ten Hold and two Sell, with an average price target of $17.28.

American Airlines Group Inc. (NASDAQ:AAL - Free Report) - Zacks Research raised their Q3 2027 earnings estimates for shares of American Airlines Group in a research report issued to clients and investors on Thursday, November 12th. Zacks Research analyst Team now expects that the airline will post earnings of $0.40 per share for the quarter, up from their previous forecast of $0.36. Zacks Research has a "Hold" rating on the stock. The consensus estimate for American Airlines Group's current full-year earnings is ($1.32) per share. Zacks Research also issued estimates for American Airlines Group's Q1 2028 earnings at $0.48 EPS, Q2 2028 earnings at $0.49 EPS and FY2028 earnings at $2.08 EPS.

American Airlines Group (NASDAQ:AAL - Get Free Report) last announced its quarterly earnings results on Thursday, October 22nd. The airline reported ($0.28) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.36) by $0.08. The business had revenue of $16.34 billion during the quarter, compared to the consensus estimate of $16.21 billion. American Airlines Group had a negative net margin of 0.79% and a negative return on equity of 9.11%. The business's revenue was up 19.3% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.17) EPS.

AAL has been the topic of a number of other research reports. Rothschild & Co Redburn lifted their target price on American Airlines Group from $12.50 to $13.50 and gave the company a "neutral" rating in a research report on Friday, September 18th. Wells Fargo & Company decreased their price objective on American Airlines Group from $17.00 to $14.00 and set an "equal weight" rating for the company in a research note on Tuesday, October 6th. Barclays lowered their target price on shares of American Airlines Group from $19.00 to $14.00 and set an "equal weight" rating for the company in a research note on Friday, September 11th. Morgan Stanley dropped their price target on shares of American Airlines Group from $24.00 to $22.00 and set an "overweight" rating on the stock in a research note on Friday, October 23rd. Finally, Wall Street Zen cut American Airlines Group from a "hold" rating to a "sell" rating in a research report on Saturday, October 10th. Nine equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $17.28.

American Airlines Group Stock Performance

AAL opened at $13.31 on Friday. American Airlines Group has a one year low of $10.09 and a one year high of $18.79. The stock has a market capitalization of $8.82 billion, a PE ratio of -18.23 and a beta of 1.45. The business's 50 day moving average price is $12.93 and its 200 day moving average price is $13.49.

Institutional Investors Weigh In On American Airlines Group

Several hedge funds have recently modified their holdings of the stock. Bleakley Financial Group LLC increased its stake in American Airlines Group by 53.4% in the 3rd quarter. Bleakley Financial Group LLC now owns 21,375 shares of the airline's stock valued at $286,000 after buying an additional 7,437 shares during the period. Meeder Advisory Services Inc. raised its position in American Airlines Group by 5.4% during the 3rd quarter. Meeder Advisory Services Inc. now owns 15,770 shares of the airline's stock worth $211,000 after buying an additional 811 shares during the last quarter. First Trust Advisors LP lifted its stake in shares of American Airlines Group by 12.3% in the 3rd quarter. First Trust Advisors LP now owns 3,462,629 shares of the airline's stock worth $46,295,000 after acquiring an additional 379,591 shares during the period. Private Advisor Group LLC lifted its stake in shares of American Airlines Group by 75.6% in the 3rd quarter. Private Advisor Group LLC now owns 52,230 shares of the airline's stock worth $698,000 after acquiring an additional 22,492 shares during the period. Finally, Independent Advisor Alliance lifted its stake in shares of American Airlines Group by 14.5% in the 3rd quarter. Independent Advisor Alliance now owns 14,980 shares of the airline's stock worth $206,000 after acquiring an additional 1,894 shares during the period. 52.44% of the stock is owned by institutional investors and hedge funds.

American Airlines Group Company Profile

American Airlines Group Inc. is a holding company whose principal business is operating a global airline through American Airlines and its regional partners. The company provides scheduled passenger and cargo air transportation, along with related services such as loyalty programs and travel offerings. Its network connects destinations across the United States and serves markets in the Caribbean, Latin America, Europe and the Asia-Pacific region. Regional flights are operated under the American Eagle brand by affiliated carriers.

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