American Airlines Group Inc. (NASDAQ:AAL) [Trend Analysis] has kept up with the changing appetite, stock ascend around 2.52% in early session as it gain volume of 8.12 Million shares as compare to its average volume of 8737.42 shares and then traded at $33.77.
American Airlines (AAL) declared that prelim April 2016 traffic, RPMs down -0.2%. American Airlines Group’s total RPMs were 18.0 billion, down 0.2% versus April 2015. Total capacity was 22.4 billion ASMs, up 1.3% versus April 2015. Total passenger load factor was 80.4%, down 1.2% points versus April 2015. The firm continues to expect its 2Q16 consolidated PRASM to be down 6-8% y/y. In addition, the firm continues to expect its second quarter pretax margin excluding special items to be between 14-16%.
The firm persists to expect its Q2 consolidated passenger revenue per available seat mile (PRASM) to be down approximately 6 to 8 percent year-over-year. In addition, the Company continues to expect its second quarter pretax margin excluding special items to be between 14 and 16 percent.
Moving toward the volatility measures, the price volatility of stock was 2.82% for a week and 2.81% for a month as well as price volatility’s Average True Range for 14 days was 1.08. The firm past twelve months price to sales ratio was 0.50 and price to cash ratio remained 2.95. As far as the returns are concern, the return on equity was recorded as 166.30% and return on investment was 34.90%, while its return on asset stayed at 15.10%.
For current month, 1 analyst from pool recommended for an “overweight” rating, while 11 gave rating of “Buy” and 4 analysts suggest to “Hold” and 1 gave preference to “underweight,” according to research rating by WSJ.
While alarming thing to be notice is price target, the average pool price target for AAL has been mentioned as; 57 tends to high price target, medium level touched to 47, and 41 was assigned as lowest share price targets. To accommodate all of these, average analyst price target appeared by 46.97, where as the current price is 33.77, as per research conducted by WSJ.
The liquidity measure in recent quarter results of company was recorded 0.70 as current ratio, on the other side the debt to equity ratio was 4.62. The Company has gross margin of 36.90% and profit margin was positive 18.20% in trailing twelve months.
American Airlines Group Inc. (NASDAQ:AAL) is ahead its 52 week low with 4.91%and going down from its 52 week high price with -32.18%. The company’s shares performance for the last one month was -12.55% and -2.34% in the previous week. The stock price of firm is moving down from its 20 days moving average with -9.18% and remote isolated negatively from 50 days moving average with -14.50%.