What is Zacks Research's Estimate for AAL Q3 Earnings?

Key Points

• Zacks Research raised its Q3 2027 EPS estimate for American Airlines Group to $0.36, up from $0.35, and maintained a “Strong-Buy” rating. Its Q1 2028 EPS estimate is $0.55.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $19.03; the stock opened at $15.06 and has traded between $10.09 and $18.79 over the past year.
• American Airlines reported Q2 EPS of $0.15, beating the $0.03 consensus, while revenue rose 16.3% year over year to $16.73 billion. However, the company posted a negative net margin and insiders have sold more than 205,000 shares over the past 90 days.

American Airlines Group Inc. (NASDAQ:AAL - Free Report) - Research analysts at Zacks Research raised their Q3 2027 earnings estimates for shares of American Airlines Group in a note issued to investors on Thursday, August 13th. Zacks Research analyst Team now anticipates that the airline will earn $0.36 per share for the quarter, up from their prior estimate of $0.35. Zacks Research currently has a "Strong-Buy" rating on the stock. The consensus estimate for American Airlines Group's current full-year earnings is $0.02 per share. Zacks Research also issued estimates for American Airlines Group's Q1 2028 earnings at $0.55 EPS.

Several other research analysts have also recently issued reports on AAL. Melius Research cut American Airlines Group from a "buy" rating to a "hold" rating and upped their price target for the company from $15.00 to $19.00 in a report on Tuesday, July 7th. Jefferies Financial Group lifted their target price on American Airlines Group from $15.00 to $16.00 and gave the stock a "hold" rating in a report on Wednesday, June 24th. BMO Capital Markets dropped their price target on American Airlines Group from $19.50 to $19.00 and set a "market perform" rating on the stock in a research note on Friday, July 24th. Barclays boosted their price objective on American Airlines Group from $16.00 to $19.00 and gave the stock an "equal weight" rating in a report on Thursday, June 25th. Finally, Wells Fargo & Company restated a "market perform" rating on shares of American Airlines Group in a research report on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, American Airlines Group presently has a consensus rating of "Hold" and a consensus target price of $19.03.

American Airlines Group Price Performance

NASDAQ AAL opened at $15.06 on Friday. American Airlines Group has a 12 month low of $10.09 and a 12 month high of $18.79. The company has a market capitalization of $9.97 billion, a P/E ratio of -30.73 and a beta of 1.34. The company's 50 day simple moving average is $15.84 and its 200 day simple moving average is $13.70.

American Airlines Group (NASDAQ:AAL - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The airline reported $0.15 EPS for the quarter, topping the consensus estimate of $0.03 by $0.12. American Airlines Group had a negative net margin of 0.56% and a negative return on equity of 9.11%. The firm had revenue of $16.73 billion for the quarter, compared to analysts' expectations of $16.70 billion. During the same period in the previous year, the business earned $0.95 earnings per share. American Airlines Group's revenue for the quarter was up 16.3% compared to the same quarter last year. American Airlines Group has set its Q3 2026 guidance at -0.700--0.100 EPS and its FY 2026 guidance at -0.650-0.650 EPS.

Institutional Trading of American Airlines Group

Several hedge funds and other institutional investors have recently bought and sold shares of AAL. Keating Financial Advisory Services Inc. bought a new stake in shares of American Airlines Group in the second quarter valued at about $29,000. Fiduciary Financial Advisors bought a new position in American Airlines Group during the second quarter valued at about $29,000. Pinnacle Holdings LLC acquired a new stake in shares of American Airlines Group during the 2nd quarter worth approximately $30,000. Center for Financial Planning Inc. increased its position in shares of American Airlines Group by 377.4% during the fourth quarter. Center for Financial Planning Inc. now owns 2,530 shares of the airline's stock valued at $39,000 after purchasing an additional 2,000 shares during the period. Finally, Root Financial Partners LLC raised its stake in shares of American Airlines Group by 33.1% in the first quarter. Root Financial Partners LLC now owns 3,816 shares of the airline's stock valued at $41,000 after purchasing an additional 949 shares in the last quarter. 52.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at American Airlines Group

In other news, COO David Seymour sold 56,456 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $18.00, for a total value of $1,016,208.00. Following the completion of the sale, the chief operating officer directly owned 969,033 shares of the company's stock, valued at approximately $17,442,594. This represents a 5.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Angela Owens sold 40,077 shares of the firm's stock in a transaction on Friday, July 31st. The stock was sold at an average price of $15.26, for a total transaction of $611,575.02. Following the completion of the sale, the senior vice president owned 178,799 shares in the company, valued at approximately $2,728,472.74. The trade was a 18.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 205,044 shares of company stock valued at $3,407,451. 0.70% of the stock is owned by corporate insiders.

About American Airlines Group

American Airlines Group Inc is a leading global airline holding company headquartered in Fort Worth, Texas. Formed in December 2013 through the merger of AMR Corporation (parent of American Airlines) and US Airways Group, the company operates one of the world's largest passenger and cargo networks. Its subsidiaries include American Airlines, which provides mainline service, and American Eagle, a network of regional carriers operating short- and medium-haul routes on behalf of the mainline carrier.

The company offers scheduled air transportation for passengers and cargo to more than 350 destinations in over 50 countries.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source