10-May-2024
FAA Oversight Under Scrutiny After United Airlines Mishaps
Benzinga (Thu, 9-May 2:29 PM ET)
American Airlines Reports First-Quarter 2024 Financial Results
Globe Newswire (Thu, 25-Apr 7:00 AM 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 is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles. Its major US hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of US airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest fleet of US legacy carriers.
American Airlines Group trades on the NASDAQ stock market under the symbol AAL.
As of May 10, 2024, AAL stock price declined to $14.40 with 15,358,255 million shares trading.
AAL has a beta of 1.31, meaning it tends to be more sensitive to market movements. AAL has a correlation of 0.22 to the broad based SPY ETF.
AAL has a market cap of $9.45 billion. This is considered a Mid Cap stock.
Last quarter American Airlines Group reported $13 billion in Revenue and -$.34 earnings per share. This fell short of revenue expectation by $-30 million and missed earnings estimates by -$.05.
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 has underperformed the market in the last year with a return of +0.4%, while the SPY ETF gained +27.8%. In the last 3 month period, AAL fell short of the market, returning -3.2%, while SPY returned +4.2%. However, in the most recent 2 weeks AAL has outperformed the stock market by returning +3.7%, while SPY returned +2.5%.
AAL support price is $14.10 and resistance is $14.86 (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.