Home / Street Sector / Active Broker’s Concerns In Focus: American Airlines Group (NASDAQ:AAL), Sunoco Logistics Partners (NYSE:SXL)

Active Broker’s Concerns In Focus: American Airlines Group (NASDAQ:AAL), Sunoco Logistics Partners (NYSE:SXL)

American Airlines Group Inc. (NASDAQ:AAL) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 1.70% to close at $42.41 with the total traded volume of 8.39 Million shares. American Airlines Group (AAL) reported that its total income passenger miles or RPMs for the month of October 2016 were 18.4 billion, down 2.6 percent versus October 2015. Total capacity was 22.3 billion accessible seat miles or ASMs, up 0.4 percent versus October 2015. Total passenger load factor was 82.6 percent, down 2.6 percentage points versus October 2015.

The Firm expects its fourth quarter 2016 total income per accessible seat mile (TRASM) to be down about 0.5 to 2.5 percent year-over-year. In addition, the Firm expects its fourth quarter pre-tax margin not comprising special items to be among 5 and 7 percent. TRASM has improved from previous guidance of down 1 to 3 percent and pre-tax margin has improved from previous guidance of 4 to 6 percent due primarily to improving yields and lower estimated fuel prices resulting from the recent decline in crude oil prices. The firm has institutional ownership of 78.30%, while insider ownership included 0.30%. Its price to sales ratio ended at 0.55. AAL attains analyst recommendation of 2.60 with week performance of 7.07%.

Sunoco Logistics Partners L.P. (NYSE:SXL) [Trend Analysis] climbed reacts as active mover, shares an advance 7.58% to traded at $26.10 and the percentage gap among open changing to regular change was 4.82%. Sunoco Logistics Partners L.P. (SXL) reported a strategic joint venture with ExxonMobil (XOM) in which the companies will form Permian Express Partners LLC to combine certain of their key crude oil logistics assets. Upon closing, ownership in Permian Express Partners LLC will be about 85% SXL and 15% XOM.

“This combination of certain strategic crude oil assets, together with our existing and recently takeoverd Midland Basin assets, greatly enhances our service capabilities for the Permian Basin, one of the most prolific shale areas with incredible growth opportunities. We expect to achieve importantly greater long-term accretion as domestic crude oil production grows over time,” stated Michael Hennigan, President and CEO of Sunoco Logistics.

The firm’s current ratio calculated as 1.30 for the most recent quarter. The firm past twelve months price to sales ratio was 1.01 and price to cash ratio remained 244.59. As far as the returns are concern, the return on equity was recorded as 1.20% and return on investment was 4.10% while its return on asset stayed at 0.50%. The firm has total debt to equity ratio measured as 0.82.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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