American Airlines Group (AAL) Receiving Somewhat Favorable News Coverage, Study Finds

Press coverage about American Airlines Group (NASDAQ:AAL) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. American Airlines Group earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave media stories about the airline an impact score of 43.0607694359673 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the news articles that may have effected Accern’s analysis:

Shares of American Airlines Group (NASDAQ AAL) traded up $2.05 on Friday, hitting $58.47. 7,505,254 shares of the stock were exchanged, compared to its average volume of 4,510,000. American Airlines Group has a 52 week low of $39.21 and a 52 week high of $58.73. The company has a market cap of $27,980.00, a P/E ratio of 14.88, a PEG ratio of 5.37 and a beta of 0.99. The company has a current ratio of 0.65, a quick ratio of 0.57 and a debt-to-equity ratio of 5.63.

American Airlines Group (NASDAQ:AAL) last announced its quarterly earnings data on Thursday, October 26th. The airline reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.40 by $0.02. American Airlines Group had a net margin of 4.71% and a return on equity of 64.92%. The company had revenue of $10.88 billion during the quarter, compared to the consensus estimate of $10.88 billion. During the same quarter last year, the firm posted $2.80 EPS. The company’s quarterly revenue was up 2.7% on a year-over-year basis. analysts expect that American Airlines Group will post 4.8 earnings per share for the current year.

A number of research analysts recently weighed in on the stock. Imperial Capital reaffirmed an “in-line” rating and issued a $53.00 target price (up previously from $47.00) on shares of American Airlines Group in a research report on Thursday. Citigroup raised their target price on shares of American Airlines Group to $65.00 and gave the company a “buy” rating in a research report on Thursday. Stephens reaffirmed a “hold” rating and issued a $62.00 target price on shares of American Airlines Group in a research report on Wednesday. Buckingham Research reaffirmed a “buy” rating and issued a $71.00 target price (up previously from $66.00) on shares of American Airlines Group in a research report on Thursday. Finally, BidaskClub downgraded shares of American Airlines Group from a “hold” rating to a “sell” rating in a research report on Tuesday, October 31st. One analyst has rated the stock with a sell rating, seven have issued a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $60.35.

In other news, Director Alberto Ibarguen sold 4,229 shares of the firm’s stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $47.60, for a total transaction of $201,300.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO W Douglas Parker sold 224,572 shares of the firm’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $52.32, for a total transaction of $11,749,607.04. Following the sale, the chief executive officer now owns 1,925,242 shares of the company’s stock, valued at approximately $100,728,661.44. The disclosure for this sale can be found here. Company insiders own 0.64% of the company’s stock.

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American Airlines Group Company Profile

American Airlines Group Inc is a holding company. The Company’s primary business activity is the operation of a network air carrier, providing scheduled air transportation for passengers and cargo. The Company operates through American segment, which provides air transportation for passengers and cargo.

Insider Buying and Selling by Quarter for American Airlines Group (NASDAQ:AAL)

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