American Airlines Group (NASDAQ:AAL) Upgraded to Strong-Buy at Zacks Research

Zacks Research upgraded shares of American Airlines Group (NASDAQ:AAL) from a hold rating to a strong-buy rating in a research report sent to investors on Thursday,Zacks.com reports.

A number of other equities analysts also recently weighed in on the stock. Jefferies Financial Group boosted their target price on shares of American Airlines Group from $15.00 to $16.00 and gave the stock a “hold” rating in a report on Wednesday, June 24th. Susquehanna increased their price target on shares of American Airlines Group from $16.00 to $25.00 and gave the company a “positive” rating in a research note on Tuesday, July 7th. BMO Capital Markets decreased their price objective on shares of American Airlines Group from $19.50 to $19.00 and set a “market perform” rating for the company in a research report on Friday. Wells Fargo & Company restated a “market perform” rating on shares of American Airlines Group in a research note on Tuesday, June 30th. Finally, JPMorgan Chase & Co. upped their target price on shares of American Airlines Group from $22.00 to $24.00 and gave the company an “overweight” rating in a report on Friday. 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 given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $19.18.

American Airlines Group Stock Performance

Shares of NASDAQ AAL opened at $14.48 on Thursday. The stock has a 50 day moving average price of $15.35 and a 200 day moving average price of $13.71. The stock has a market capitalization of $9.58 billion, a PE ratio of -29.55 and a beta of 1.32. American Airlines Group has a 52 week low of $10.09 and a 52 week high of $18.79.

American Airlines Group (NASDAQ:AAL) last posted its quarterly earnings results on Thursday, July 23rd. The airline reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.12. American Airlines Group had a negative return on equity of 9.11% and a negative net margin of 0.56%.The firm had revenue of $16.73 billion for the quarter, compared to analyst estimates of $16.70 billion. During the same quarter in the previous year, the firm earned $0.95 EPS. The business’s quarterly revenue was up 16.3% on a year-over-year basis. 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. As a group, research analysts forecast that American Airlines Group will post 0.2 EPS for the current year.

Insider Transactions at American Airlines Group

In other American Airlines Group news, COO David Seymour sold 56,456 shares of the firm’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $18.00, for a total transaction of $1,016,208.00. Following the completion of the sale, the chief operating officer owned 969,033 shares of the company’s stock, valued at $17,442,594. This trade represents a 5.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.70% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On American Airlines Group

Several large investors have recently modified their holdings of the stock. Invesco Ltd. lifted its stake in shares of American Airlines Group by 1.3% during the 2nd quarter. Invesco Ltd. now owns 2,978,006 shares of the airline’s stock worth $33,413,000 after buying an additional 36,877 shares during the last quarter. Brown Advisory Inc. grew its stake in American Airlines Group by 42.6% in the 2nd quarter. Brown Advisory Inc. now owns 45,358 shares of the airline’s stock valued at $509,000 after buying an additional 13,539 shares during the last quarter. California Public Employees Retirement System grew its stake in American Airlines Group by 5.0% in the 2nd quarter. California Public Employees Retirement System now owns 1,164,443 shares of the airline’s stock valued at $13,065,000 after buying an additional 55,059 shares during the last quarter. NewEdge Advisors LLC raised its holdings in American Airlines Group by 6.6% in the 2nd quarter. NewEdge Advisors LLC now owns 13,251 shares of the airline’s stock valued at $149,000 after acquiring an additional 823 shares during the period. Finally, Sei Investments Co. raised its holdings in American Airlines Group by 34.4% in the 2nd quarter. Sei Investments Co. now owns 1,315,532 shares of the airline’s stock valued at $14,760,000 after acquiring an additional 336,993 shares during the period. 52.44% of the stock is owned by institutional investors.

American Airlines Group News Summary

Here are the key news stories impacting American Airlines Group this week:

• Positive Sentiment: JPMorgan raised its price target on AAL to $24 from $22 and kept an overweight rating, signaling greater confidence in the stock’s upside after the post-earnings pullback. Benzinga
• Positive Sentiment: Zacks added American Airlines to its Rank #1 (Strong Buy) list, while other commentary said the stock looks technically oversold and could be due for a turnaround. Zacks
• Positive Sentiment: Analysts and market commentary pointed to improving sentiment around revenue strategy, premium demand, loyalty growth, and network gains, which supports the case for a recovery after the stock’s recent drop. Yahoo Finance
• Neutral Sentiment: American Airlines reported record quarterly revenue of $16.74 billion and beat EPS expectations, but investors are balancing that strength against a sharp profit decline year over year and a weaker full-year outlook. GlobeNewswire
• Negative Sentiment: The main pressure point remains surging jet fuel costs, which led American Airlines to cut its earnings guidance and cloud the profit outlook despite strong demand trends. CNBC

American Airlines Group Company Profile

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.