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2 Upgrades for American Airlines Stock Today
Schaeffers Investment Research· 2025-01-06 15:46
American Airlines Group Inc (NASDAQ:AAL) stock is up 4.5% to trade at $17.72 this morning, after TD Cowen and Jefferies both issued upgrades to "buy," with respective price-target hikes to $25 and $20, from $17 and $12. Both brokerages expressed optimism that the company can rejoin the "Big 3" (alongside Delta Air Lines (DAL) and United Airlines (UAL)) of airline carriers, thanks to a rebuilt sales strategy. AAL is a chip shot from its Dec. 10 two-year high of $18.20. Since that peak, the shares have consol ...
5 Broker-Loved Stocks to Keep An Eye On in the New Year
ZACKS· 2025-01-03 14:35
Year 2024 turned out to be good for U.S. equity markets. The three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — gained significantly on a year-over-year basis in 2024. Multiple rate cuts by the Fed and a slowing inflation rate provided the stimulus.Investors would like to take advantage of these tailwinds and design a winning portfolio in the new year for healthy returns. Given the difficulty of this task, investors are advised to take help from brokers, deemed to be experts in the ...
American Airlines Is Poised To Continue Its Ascent
Seeking Alpha· 2025-01-03 09:05
Several U.S. airline industry stocks had an impressive run in 2025, particularly among the legacy carriers, or those that served interstate routes at the time the domestic airline industryAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I ha ...
American Airlines (AAL) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2024-12-27 18:00
Core Viewpoint - The recent upgrade of American Airlines to a Zacks Rank 1 (Strong Buy) reflects a positive earnings outlook, which is expected to lead to increased buying pressure and a rise in stock price [2][9]. Earnings Estimates and Stock Performance - The Zacks rating system tracks the Zacks Consensus Estimate, which is the consensus measure of EPS estimates from sell-side analysts, for the current and following years [1]. - There is a strong correlation between changes in a company's future earnings potential, as indicated by earnings estimate revisions, and the near-term price movement of its stock [3][12]. - Over the past three months, the Zacks Consensus Estimate for American Airlines has increased by 53.8%, indicating a significant upward trend in earnings estimates [14]. Zacks Rank System - The Zacks Rank stock-rating system classifies stocks into five groups based on four factors related to earnings estimates, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [4]. - American Airlines' upgrade to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks in terms of estimate revisions, suggesting potential for stock price appreciation in the near term [8][9]. Implications for Investors - The upward trend in earnings estimates for American Airlines signifies an improvement in the company's underlying business, which is likely to attract investor interest and drive the stock price higher [12]. - The Zacks rating system is particularly useful for individual investors, as it provides a more objective measure of stock performance compared to traditional Wall Street analyst ratings [10].
3 Airline Stocks to Watch as Travel Data Booms
Schaeffers Investment Research· 2024-12-27 15:08
The top 10 travel days in the Transportation Security Administration’s (TSA) long history all came in 2024, according to the US Department of Transportation. With travel booming and Delta Air Lines in the spotlight to start 2025, let's check in on three airline stocks all fresh off recent highs.Upgrade Potential for AAL, LUVDespite a system outage and ground stop on Christmas Eve, American Airlines Group Inc (NASDAQ:AAL) stock is heading toward a 2.7% weekly win. The shares are 26.2% higher in 2024, and a c ...
New Strong Buy Stocks for December 27th
ZACKS· 2024-12-27 12:01
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:American Airlines Group Inc. (AAL) : This air transportation company has seen the Zacks Consensus Estimate for its current year earnings increasing 18.7% over the last 60 days.Construction Partners, Inc. (ROAD) : This civil infrastructure company has seen the Zacks Consensus Estimate for its current year earnings increasing 10.7% over the last 60 days.Payoneer Global Inc. (PAYO) : This financial technology company has seen the Zacks Con ...
Best Value Stocks to Buy for December 27th
ZACKS· 2024-12-27 08:55
Here are three stocks with buy rank and strong value characteristics for investors to consider today, December 27:American Airlines Group Inc. (AAL) : This air transportation company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.7% over the last 60 days.American Airlines Group has a price-to-earnings ratio (P/E) of 10.50 compared with 20.30 for the industry. The company possesses a Value Scoreof A.Fresenius Medical Care AG (FMS) : This di ...
Not Too Late To Buy The Airlines
Forbes· 2024-12-26 11:00
Photo by Mario Tama/Getty ImagesGetty ImagesThe stock market is likely to continue to rally into January. There may be some weakness from February into March, but 2025 is due to close on the upside.The relative strength screen of the S&P 500 stocks shows three airline stocks in the top fifteen.S&P 500 Relative Strength ScreenUnited, American, and Alaska are among the strongest stocks. Cycles Research Investments LLCApplying the same analysis to the S&P groups, the airline group is ranked number three.S&P 50 ...
Earnings Estimates Rising for American Airlines (AAL): Will It Gain?
ZACKS· 2024-12-25 18:21
American Airlines (AAL) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this world's largest airline, should get reflected in its stock price. After all, empirical research shows a strong correlation betwe ...
American Airlines Stock Lower After Grounding Flights
Schaeffers Investment Research· 2024-12-24 15:19
American Airlines Group Inc (NASDAQ:AAL) stock is down 1.4% to trade at $17.01 at last check, after the company grounded flights across the nation due to a technical issue. Operations have already resumed, though.AAL sports a 25.5% year-to-date lead, and is fresh off a Dec. 10, 52-week high of $17.96. The $16 region contained the equity's pullback from that peak, with the ascending 20-day moving average also providing support.Analysts are already pessimistic, with 12 of the 20 firms in coverage calling it a ...