Thanks to a 0.17 sell/buy ratio, American Airlines Group Inc. (NASDAQ:AAL) insider buying over the last three months picked up more than selling did. When insiders buy more shares of their company stock, it’s generally for one reason only: With inside knowledge of their company’s prospects, they expect the stock price to rise soon. AAL recorded 2 sales on the open market in the last three months. They sold nearly 6,701 shares while purchases amounted to 40,000 shares that period. Looking even further back to 12 months, corporate insiders offloaded 314,836 shares when buyers snapped up 614,901 shares. The 12-month’s totals signify about a 0.51-to-1 sell/buy ratio.
Benjamin Jeffrey D gathered a total of 15 thousand shares of American Airlines Group Inc. (AAL) at average share price of $35.69. This insider trade in the company took place on 11/19/2018. The total for the purchase was set at $535.35 thousand. After this transaction, the Director account balance stood at 72.15 thousand shares. The stock lost -10.9 percent since that insider purchase. On 10/29/2018, Cahill John T, Director, purchased 25 thousand shares at a price per share of $33.47. This added 836.75 thousand shares to the insider’s fortune and the stock saw a -4.99 percent retreat in value since the news became public. This transaction left 72.15 thousand shares in the Director account.
On 05/22/2018, President Isom Robert D Jr performed a sale transaction worth $450 thousand. This sale at $45 each has eliminated 10 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded -29.33 percent decrease since the transaction was reported. The insider now is left with 646.21 thousand shares remaining in the account. Isom Robert D Jr, who performs the President job, sold 5 thousand shares for $233.6 thousand. The disposal occurred on 04/24/2018 was priced at $46.72 per share. The share price plunged -31.93 percent since the reporting date. Isom Robert D Jr now left with a stake of 670.28 thousand AAL stock worth $21.31 million after the insider selling.
The 12-month median price target for American Airlines Group Inc. (AAL) assigned by the analysts stands at $46, which represents a return potential of 44.65 percent when compared to the closing price of the stock of $31.8 on Friday, January 11. The lowest price target for the stock is $37 — slightly more than 16.35 percent from AAL’s current share price. The stock will probably climb 46.7 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $60-month high price target. This represents a whopping 88.68 percent increase from where shares are trading today.
On momentum oscillators front, ‘RSI’ has touched 45.28 on daily chart, which may remain a cause for concern. If the price breaks below $30.74 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $32.16 mark may result into a pull-back move towards $32.52 level. The stock is currently hovering around the first support level of $31.27. Below this, the next support is placed in the zone of $30.74. Till the time, the AAL stock trades above this level, bulls have nothing to fear.
Shares of American Airlines Group Inc. (AAL) are trading at a P/E ratio of 12.69 times earnings reported for the past 12 months. The industry AAL operates in has an average P/E of 13.56. Its P/E ratio went as low as 3.83X and as high as 13.66 over the 5-year span. Further, it is sporting a 0.33 on the Price-to-Sales ratio. Compare this with the industry average P/S of 1. 61.5 percent is the gross profit margin for American Airlines Group Inc. and operating margin sits at 6.3 percent. Along with this, the net profit margin is 3.1 percent.
On 11th of January, American Airlines Group Inc. (NASDAQ:AAL) shares ended lower after a volatile session. The shares dropped -0.24 points or -0.75 percent at $31.8 with a light trade volume of 6.901 million shares. After opening the session at $31.8, the shares went as high as $31.989 and as low as $31.1, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $14.8 billion and now has 464.06 million shares outstanding. American Airlines Group Inc. (AAL) stock has lost -6.74 percent of market value in 21 trading days.
AAL stock has a trailing 3-year beta of 1.56, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was $4.62 a share in the trailing twelve months. The stock’s value has fallen -0.97 percent year to date (YTD) against a decline of -40.87 percent in 12 month’s time. The company’s shares still trade -46.17 percent away from its 1-year high of $59.08 and 10.38 percent up from 52-week low of $28.81. The average consensus rating on the company is 2, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a buy.