27-Mar-2024
Does Boeing's Management Overhaul Signal Crucial Turning Point? Analysts Weigh In
Benzinga (Tue, 26-Mar 2:07 PM 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 reports fourth-quarter and full-year 2023 financial results
Globe Newswire (Thu, 25-Jan 7:00 AM ET)
American Airlines Group announces webcast of fourth-quarter and full-year 2023 financial results
Globe Newswire (Thu, 11-Jan 10:00 AM ET)
Globe Newswire (Wed, 3-Jan 5:00 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 March 27, 2024, AAL stock price climbed to $15.30 with 24,083,784 million shares trading.
AAL has a beta of 1.61, meaning it tends to be more sensitive to market movements. AAL has a correlation of 0.30 to the broad based SPY ETF.
AAL has a market cap of $10.01 billion. This is considered a Large 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 has underperformed the market in the last year with a return of +11.5%, while the SPY ETF gained +33.9%. In the last 3 month period, AAL fell short of the market, returning +8.4%, while SPY returned +10.3%. However, in the most recent 2 weeks AAL has outperformed the stock market by returning +9.6%, while SPY returned +1.5%.
AAL support price is $14.61 and resistance is $15.23 (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.