What is Zacks Research’s Estimate for AAL Q4 Earnings?

American Airlines Group Inc. (NASDAQ:AAL) – Stock analysts at Zacks Research boosted their Q4 2024 EPS estimates for shares of American Airlines Group in a note issued to investors on Thursday, November 14th. Zacks Research analyst M. Basu now anticipates that the airline will post earnings per share of $0.47 for the quarter, up from their prior estimate of $0.37. The consensus estimate for American Airlines Group’s current full-year earnings is $1.49 per share. Zacks Research also issued estimates for American Airlines Group’s Q2 2025 earnings at $1.08 EPS.

Several other equities research analysts have also recently weighed in on the stock. The Goldman Sachs Group reiterated a “neutral” rating and issued a $15.00 target price on shares of American Airlines Group in a research note on Friday, November 15th. JPMorgan Chase & Co. raised their price objective on American Airlines Group from $15.00 to $20.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. Redburn Atlantic upgraded American Airlines Group to a “hold” rating in a research report on Tuesday, September 3rd. Susquehanna upped their target price on American Airlines Group from $11.00 to $12.00 and gave the company a “neutral” rating in a research note on Wednesday, October 9th. Finally, Jefferies Financial Group lifted their price target on shares of American Airlines Group from $10.00 to $11.00 and gave the stock a “hold” rating in a research note on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $13.96.

American Airlines Group Stock Up 0.3 %

Shares of NASDAQ AAL opened at $14.33 on Monday. American Airlines Group has a 12 month low of $9.07 and a 12 month high of $16.15. The company has a market cap of $9.42 billion, a P/E ratio of 43.42, a P/E/G ratio of 0.26 and a beta of 1.39. The business’s 50 day moving average is $12.35 and its two-hundred day moving average is $11.76.

American Airlines Group (NASDAQ:AAL) last released its quarterly earnings results on Thursday, October 24th. The airline reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.14. The company had revenue of $13.65 billion for the quarter, compared to analyst estimates of $13.50 billion. American Airlines Group had a net margin of 0.51% and a negative return on equity of 18.62%. The company’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.38 earnings per share.

Institutional Investors Weigh In On American Airlines Group

Hedge funds and other institutional investors have recently made changes to their positions in the company. Beaird Harris Wealth Management LLC raised its stake in shares of American Airlines Group by 51.3% during the first quarter. Beaird Harris Wealth Management LLC now owns 2,345 shares of the airline’s stock worth $36,000 after buying an additional 795 shares during the last quarter. Blue Trust Inc. grew its holdings in American Airlines Group by 56.2% during the 3rd quarter. Blue Trust Inc. now owns 2,533 shares of the airline’s stock worth $29,000 after acquiring an additional 911 shares during the period. UMB Bank n.a. grew its holdings in American Airlines Group by 404.3% during the 2nd quarter. UMB Bank n.a. now owns 2,824 shares of the airline’s stock worth $32,000 after acquiring an additional 2,264 shares during the period. Sentry Investment Management LLC bought a new stake in shares of American Airlines Group during the 2nd quarter valued at $36,000. Finally, ORG Partners LLC acquired a new position in shares of American Airlines Group in the 2nd quarter valued at $36,000. 52.44% of the stock is owned by institutional investors and hedge funds.

American Airlines Group Company Profile

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.