Positive Media Coverage Somewhat Unlikely to Impact American Airlines Group (AAL) Stock Price
News stories about American Airlines Group (NASDAQ:AAL) have trended positive recently, Accern Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. American Airlines Group earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned press coverage about the airline an impact score of 45.6004650042904 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:
- American Airlines to Webcast Presentation at Cowen and Company … – GuruFocus.com (gurufocus.com)
- American Airlines Group Inc. (AAL) active Investors have to observe some key indicators about shares of $44.56 – Stocks Gallery (stocksgallery.com)
- Why Is American Airlines (AAL) Down 12.9% Since the Last Earnings Report? – Nasdaq (nasdaq.com)
- Delta Will Promote Pilots to Captain—if They Can Fly This Aging Plane (finance.yahoo.com)
- Airlines’ Q2 2017 Unit Revenue Guidance (finance.yahoo.com)
Shares of American Airlines Group (NASDAQ AAL) opened at 44.32 on Thursday. The firm has a market cap of $21.58 billion, a P/E ratio of 11.00 and a beta of 0.96. The firm has a 50-day moving average of $49.92 and a 200 day moving average of $46.89. American Airlines Group has a 12 month low of $33.90 and a 12 month high of $54.48.
American Airlines Group (NASDAQ:AAL) last posted its quarterly earnings results on Friday, July 28th. The airline reported $1.92 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.87 by $0.05. The firm had revenue of $11.11 billion during the quarter, compared to the consensus estimate of $11.08 billion. American Airlines Group had a return on equity of 83.58% and a net margin of 5.02%. The business’s revenue was up 7.2% compared to the same quarter last year. During the same period last year, the company earned $1.77 earnings per share. On average, equities research analysts anticipate that American Airlines Group will post $5.12 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Monday, August 28th. Shareholders of record on Monday, August 14th were paid a $0.10 dividend. The ex-dividend date was Thursday, August 10th. This represents a $0.40 dividend on an annualized basis and a yield of 0.90%. American Airlines Group’s dividend payout ratio is 9.88%.
Several research firms recently commented on AAL. Sanford C. Bernstein restated a “hold” rating on shares of American Airlines Group in a report on Monday, August 7th. Stifel Nicolaus restated a “buy” rating and issued a $95.00 price target on shares of American Airlines Group in a report on Tuesday, August 22nd. Zacks Investment Research lowered shares of American Airlines Group from a “buy” rating to a “hold” rating in a report on Monday, August 7th. BidaskClub lowered shares of American Airlines Group from a “buy” rating to a “hold” rating in a report on Sunday, July 30th. Finally, Vetr upgraded shares of American Airlines Group from a “buy” rating to a “strong-buy” rating and set a $51.52 price target on the stock in a report on Monday, August 21st. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, eight have issued a buy rating and two have given a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $56.27.
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In other news, VP Derek J. Kerr sold 104,223 shares of the firm’s stock in a transaction that occurred on Friday, June 2nd. The stock was sold at an average price of $50.00, for a total value of $5,211,150.00. Following the completion of the sale, the vice president now directly owns 591,195 shares of the company’s stock, valued at $29,559,750. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Maya Leibman sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, August 11th. The shares were sold at an average price of $47.97, for a total value of $479,700.00. Following the completion of the sale, the executive vice president now directly owns 161,476 shares of the company’s stock, valued at $7,746,003.72. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 197,623 shares of company stock valued at $9,869,666. Insiders own 0.69% of the company’s stock.
American Airlines Group Company Profile
American Airlines Group Inc is a holding company. The Company’s primary business activity is the operation of a network air carrier, providing scheduled air transportation for passengers and cargo. The Company operates through American segment, which provides air transportation for passengers and cargo.
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