Globe Newswire (Mon, 4-Nov 7:45 AM ET)
American Airlines makes a big commitment to adding more flights to Italy in 2025
Seeking Alpha News (Fri, 1-Nov 11:15 AM ET)
Bernstein Sticks to Their Hold Rating for American Airlines (AAL)
TipRanks (Fri, 1-Nov 4:36 AM ET)
Globe Newswire (Tue, 29-Oct 9:00 PM ET)
American Airlines Reports Third-Quarter 2024 Financial Results
Globe Newswire (Thu, 24-Oct 7:00 AM ET)
American Airlines Group announces webcast of third-quarter 2024 financial results
Globe Newswire (Thu, 10-Oct 10:00 AM ET)
UATP Strengthens 'Buy Now, Pay Later' options with Floa
PRNewswire (Wed, 9-Oct 8:00 AM ET)
AAL Bullish Calendar Call Spread is Inexpensive at 27 Cents
Market Chameleon (Fri, 4-Oct 9:51 AM ET)
SAVE THE DATE: REGISTRATION OPENS SOON FOR AIRLINE DISTRIBUTION 2025
PRNewswire (Tue, 17-Sep 8:00 AM ET)
Business Wire (Mon, 16-Sep 9:38 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 November 4, 2024, AAL stock price declined to $13.06 with 17,907,413 million shares trading.
AAL has a beta of 0.77, meaning it tends to be less sensitive to market movements. AAL has a correlation of 0.06 to the broad based SPY ETF.
AAL has a market cap of $8.58 billion. This is considered a Mid Cap stock.
Last quarter American Airlines Group reported $14 billion in Revenue and $.30 earnings per share. This beat revenue expectation by $177 million and exceeded earnings estimates by $.15.
In the last 3 years, AAL traded as high as $22.35 and as low as $9.07.
The top ETF exchange traded funds that AAL belongs to (by Net Assets): IJH, VTI, VB, VBR, VXF.
AAL has underperformed the market in the last year with a return of +17.2%, while SPY returned +36.5%. 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 +28.8% and -0.2%, while SPY returned +5.3% and -2.5%, respectively. This indicates AAL has been having a stronger performance recently.
AAL support price is $13.16 and resistance is $13.92 (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 shares will trade within this expected range on the day.