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

American Airlines Group Inc. (NASDAQ:AALFree Report) – Stock analysts at Zacks Research increased their Q4 2024 EPS estimates for American Airlines Group in a research report issued on Thursday, November 14th. Zacks Research analyst M. Basu now expects that the airline will earn $0.47 per share for the quarter, up from their previous 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.

American Airlines Group (NASDAQ:AALGet Free Report) last posted its quarterly earnings data on Thursday, October 24th. The airline reported $0.30 EPS for the quarter, topping the consensus estimate of $0.16 by $0.14. The firm had revenue of $13.65 billion during 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%. American Airlines Group’s revenue was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.38 EPS.

Several other equities research analysts also recently weighed in on AAL. Sanford C. Bernstein downgraded American Airlines Group from an “outperform” rating to a “market perform” rating and lowered their price target for the stock from $18.00 to $12.00 in a report on Monday, July 22nd. Jefferies Financial Group lifted their target price 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. Evercore ISI upped their price target on shares of American Airlines Group from $10.00 to $12.00 and gave the company an “in-line” rating in a research note on Thursday, October 3rd. Bank of America lifted their price objective on shares of American Airlines Group from $9.00 to $10.00 and gave the stock an “underperform” rating in a research note on Friday, October 25th. Finally, TD Cowen upped their target price on American Airlines Group from $9.00 to $10.00 and gave the company a “hold” rating in a research report on Friday, October 25th. One 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 MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $13.96.

Read Our Latest Stock Analysis on AAL

American Airlines Group Price Performance

American Airlines Group stock opened at $14.29 on Monday. American Airlines Group has a 1-year low of $9.07 and a 1-year high of $16.15. The business has a fifty day moving average price of $12.28 and a 200-day moving average price of $11.76. The stock has a market capitalization of $9.39 billion, a price-to-earnings ratio of 43.67, a PEG ratio of 0.26 and a beta of 1.39.

Institutional Investors Weigh In On American Airlines Group

Hedge funds have recently bought and sold shares of the stock. Blue Trust Inc. boosted its stake in shares of 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 in the last quarter. UMB Bank n.a. boosted its position in American Airlines Group by 404.3% during the second quarter. UMB Bank n.a. now owns 2,824 shares of the airline’s stock worth $32,000 after purchasing an additional 2,264 shares in the last quarter. Beaird Harris Wealth Management LLC grew its holdings in American Airlines Group by 51.3% in the first quarter. Beaird Harris Wealth Management LLC now owns 2,345 shares of the airline’s stock valued at $36,000 after purchasing an additional 795 shares during the period. ORG Partners LLC acquired a new stake in American Airlines Group in the second quarter valued at approximately $36,000. Finally, Sentry Investment Management LLC purchased a new stake in shares of American Airlines Group in the second quarter valued at approximately $36,000. Hedge funds and other institutional investors own 52.44% of the company’s stock.

American Airlines Group Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for American Airlines Group (NASDAQ:AAL)

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