Within the newest buying and selling session, American Airways (AAL) closed at $18.27, marking a -0.11% transfer from the day before today. The inventory trailed the S&P 500, which registered a day by day achieve of 1%. In the meantime, the Dow gained 0.78%, and the Nasdaq, a tech-heavy index, added 1.51%.
Shares of the world’s largest airline have appreciated by 9.92% over the course of the previous month, outperforming the Transportation sector’s lack of 0.71% and the S&P 500’s lack of 2.14%.
The upcoming earnings launch of American Airways can be of nice curiosity to buyers. The corporate’s earnings report is anticipated on January 23, 2025. The corporate’s earnings per share (EPS) are projected to be $0.64, reflecting a 120.69% improve from the identical quarter final 12 months. On the similar time, our most up-to-date consensus estimate is projecting a income of $13.42 billion, reflecting a 2.72% rise from the equal quarter final 12 months.
It is also necessary for buyers to pay attention to any latest modifications to analyst estimates for American Airways. These revisions sometimes mirror the most recent short-term enterprise traits, which may change steadily. In consequence, upbeat modifications in estimates point out analysts’ favorable outlook on the corporate’s enterprise well being and profitability.
Our analysis means that these modifications in estimates have a direct relationship with upcoming inventory value efficiency. To take advantage of this, we have shaped the Zacks Rank, a quantitative mannequin that features these estimate modifications and presents a viable score system.
The Zacks Rank system, which ranges from #1 (Robust Purchase) to #5 (Robust Promote), has a powerful outside-audited observe file of outperformance, with #1 shares producing a median annual return of +25% since 1988. Over the previous month, the Zacks Consensus EPS estimate has shifted 16.02% upward. American Airways is at the moment sporting a Zacks Rank of #1 (Robust Purchase).
its valuation, American Airways is holding a Ahead P/E ratio of seven.31. This signifies a reduction compared to the typical Ahead P/E of 9.14 for its trade.
We will additionally see that AAL at the moment has a PEG ratio of 0.19. This metric is used equally to the well-known P/E ratio, however the PEG ratio additionally takes under consideration the inventory’s anticipated earnings progress charge. The common PEG ratio for the Transportation – Airline trade stood at 0.72 on the shut of the market yesterday.
The Transportation – Airline trade is a part of the Transportation sector. With its present Zacks Trade Rank of 24, this trade ranks within the high 10% of all industries, numbering over 250.
The Zacks Trade Rank evaluates the facility of our distinct trade teams by figuring out the typical Zacks Rank of the person shares forming the teams. Our analysis exhibits that the highest 50% rated industries outperform the underside half by an element of two to 1.
To observe AAL within the coming buying and selling classes, make sure to make the most of Zacks.com.
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American Airlines Group Inc. (AAL) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
