China's Big Three Airlines Set to Report Biggest Combined Profit Since 2010
- Author: Zachary Reyes Mar 30, 2017,
Mar 30, 2017, 8:27
Wall Street came up with price targets ranging from $7 to $16.
A number of other equities analysts have also commented on the stock.
COPYRIGHT VIOLATION NOTICE: "Morgan Stanley Lowers American Airlines Group Inc (AAL) to Equal Weight" was posted by Community Financial News and is owned by of Community Financial News.
United States of America based company, American Airlines Group Inc. Shareholders of record on Monday, February 13th were given a dividend of $0.10 per share. (AAL) to Market Perform with no specific Price Target on 2/06/17.
Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. Our analysis shows that the stock is widely covered by equity research firms, and target prices are revealing.
China Southern is the largest airline in China and is the ideal carrier for American, the largest airline in the world, to build a relationship within this critically important market. The stock began the session at $41.69 and the volume stood at 65,96,629 shares. The firm has a 50-day moving average of $44.59 and a 200-day moving average of $43.48. The stock has a market cap of 66.79 Billion. Over the same time span, the stock marked US$50.64 as its best level and the lowest price reached was US$24.85. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Airlines Group, Inc. with MarketBeat.com's FREE daily email newsletter. (AAL) is $53.13/share according to the consensus of analysts working on the stock, with an expected EPS of $0.48/share for the current quarter. Well, according to what we could find, analysts had been looking for the company to post net income of about $0.92 per share on $9,741.92M in revenue. The return on equity ratio or ROE stands at 62.2 percent while most common profitability ratio return on investment (ROI) was 13 percent. The company's revenue for the quarter was up 1.7% on a year-over-year basis.
"If the deal completes successfully, American Airlines only has 2.68 percent shares of China Southern and that will not have much impact on China Southern", she said. Comparatively, American Airlines Group Inc. posted earnings of $0.77 per share in the same quarter past year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 27th. The definition of earnings per share (EPS) means that it is the portion of a profit given to each share of stock. The ex-dividend date was Thursday, February 9th.
The stock now has its Annual Dividend of $0.4 and an annual Dividend Yield of 0.94 Percent. American Airlines Group's payout ratio is now 8.37%. The stock was sold at an average price of $45.22, for a total value of $361,760.00. The company's institutional ownership is monitored at 82.6 percent.
Several Insider Transactions has been reported to the SEC. Over the last 90 days, insiders bought 23,500 shares of company stock valued at $17,025 and sold 135,290 shares valued at $6,478,013. The company has a Low Price Target of $45 and the Mean Target of $49.03, according to the Brokers. Following the completion of the sale, the chairman now directly owns 1,631,370 shares of the company's stock, valued at $79,937,130. In order to take a look at where the stock might headed longer term, we can also look at different sets of data. (US Airways Group) and Envoy Aviation Group Inc. Finally, Tide Point Capital Management LP purchased a new position in American Airlines Group during the fourth quarter worth approximately $60,537,000. RGT Capital Management Ltd. acquired a new position in shares of American Airlines Group during the third quarter valued at about $223,000. Adage Capital Partners GP L.L.C. boosted its position in shares of American Airlines Group by 146.9% in the second quarter.