What is Seaport Res Ptn's Estimate for AAL FY2025 Earnings?

American Airlines Group Inc. (NASDAQ:AAL - Free Report) - Equities researchers at Seaport Res Ptn cut their FY2025 EPS estimates for shares of American Airlines Group in a research note issued to investors on Thursday, April 24th. Seaport Res Ptn analyst D. Mckenzie now forecasts that the airline will earn $0.80 per share for the year, down from their prior forecast of $1.00. The consensus estimate for American Airlines Group's current full-year earnings is $2.42 per share.

American Airlines Group (NASDAQ:AAL - Get Free Report) last posted its earnings results on Thursday, April 24th. The airline reported ($0.59) EPS for the quarter, beating the consensus estimate of ($0.69) by $0.10. The company had revenue of $12.55 billion during the quarter, compared to analyst estimates of $12.71 billion. American Airlines Group had a negative return on equity of 28.56% and a net margin of 1.56%. The business's revenue was down .2% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.34) earnings per share.

Several other analysts also recently weighed in on the stock. Susquehanna cut their price objective on shares of American Airlines Group from $18.00 to $10.00 and set a "neutral" rating on the stock in a research report on Monday, April 7th. Barclays cut their price target on American Airlines Group from $16.00 to $11.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 8th. Bank of America decreased their price objective on American Airlines Group from $16.00 to $12.00 and set a "neutral" rating for the company in a report on Thursday, April 3rd. Redburn Partners upgraded American Airlines Group from a "neutral" rating to a "buy" rating and set a $24.00 price target for the company in a research report on Wednesday, February 26th. Finally, StockNews.com cut American Airlines Group from a "buy" rating to a "hold" rating in a research note on Thursday, March 13th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, American Airlines Group has a consensus rating of "Moderate Buy" and an average price target of $16.25.

American Airlines Group Stock Up 5.0 %

NASDAQ AAL traded up $0.51 during trading hours on Monday, hitting $10.54. The company had a trading volume of 19,101,702 shares, compared to its average volume of 39,071,669. The firm has a market cap of $6.95 billion, a P/E ratio of 9.23, a price-to-earnings-growth ratio of 0.21 and a beta of 1.17. American Airlines Group has a fifty-two week low of $8.50 and a fifty-two week high of $19.10. The business has a fifty day simple moving average of $11.01 and a 200-day simple moving average of $14.16.

Institutional Trading of American Airlines Group

Several hedge funds and other institutional investors have recently modified their holdings of the business. Zacks Investment Management purchased a new stake in American Airlines Group in the 4th quarter worth about $4,409,000. Raymond James Financial Inc. purchased a new stake in shares of American Airlines Group in the fourth quarter worth approximately $3,858,000. Decker Retirement Planning Inc. acquired a new stake in shares of American Airlines Group during the fourth quarter worth approximately $9,482,000. Amundi grew its position in American Airlines Group by 31,647.8% during the fourth quarter. Amundi now owns 426,691 shares of the airline's stock valued at $7,510,000 after purchasing an additional 425,347 shares in the last quarter. Finally, Contravisory Investment Management Inc. acquired a new position in American Airlines Group in the 4th quarter valued at approximately $689,000. Institutional investors and hedge funds own 52.44% of the company's stock.

About American Airlines Group

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.