18-Apr-2024
United Airlines rallies after strong demand boosts underlying Q1 results
Seeking Alpha News (Tue, 16-Apr 4:16 PM ET)
American Airlines' pilots warned of safety issues - report
Seeking Alpha News (Mon, 15-Apr 12:15 PM ET)
SriLankan Airlines Leverages UATP Merchant Status to Accelerate Growth and Reduce Payment Costs
PRNewswire (Wed, 10-Apr 8:00 AM ET)
American Red Cross welcomes American Airlines as its newest Mission Leader
PRNewswire (Sat, 6-Apr 12:57 AM ET)
American Airlines to present at 2024 J.P. Morgan Industrials Conference
Globe Newswire (Tue, 5-Mar 10:00 AM ET)
American Airlines to detail strategy for long-term growth and value creation at 2024 Investor Day
Globe Newswire (Mon, 4-Mar 11:00 AM ET)
American Airlines places orders for Airbus, Boeing and Embraer aircraft
Globe Newswire (Mon, 4-Mar 11:00 AM ET)
ConnexPay Joins UATP Network, Adds ConnexPay UATP Card to Payments Capabilities
Business Wire (Tue, 20-Feb 7:30 AM ET)
UATP Receives Patent Approval for Innovative New Payment Technology
PRNewswire (Thu, 15-Feb 9:19 AM ET)
American Airlines Group to webcast Investor Day presentation
Globe Newswire (Thu, 1-Feb 12:00 PM ET)
American Airlines is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles. Its major U.S. hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of U.S. airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest fleet of U.S. legacy carriers.
American Airlines Group trades on the NASDAQ stock market under the symbol AAL.
As of April 18, 2024, AAL stock price climbed to $14.02 with 33,584,791 million shares trading.
AAL has a beta of 1.64, meaning it tends to be more sensitive to market movements. AAL has a correlation of 0.29 to the broad based SPY ETF.
AAL has a market cap of $9.17 billion. This is considered a Mid Cap stock.
Last quarter American Airlines Group reported $13 billion in Revenue and $.29 earnings per share. This beat revenue expectation by $42 million and exceeded earnings estimates by $.19.
In the last 3 years, AAL stock traded as high as $26.04 and as low as $10.86.
The top ETF exchange traded funds that AAL belongs to (by Net Assets): VTI, VB, VOO, VBR, JETS.
AAL stock has underperformed the market in the last year with a return of +7.0%, while SPY returned +22.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AAL shares. However, AAL has outperformed the market in the last 3 month and 2 week periods, returning +8.4% and -1.0%, while SPY returned +6.1% and -3.8%, respectively. This indicates AAL has been having a stronger performance recently.
AAL support price is $13.53 and resistance is $14.25 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AAL stock will trade within this expected range on the day.