Company Performance - American Airlines (AAL) closed at $11.41, with a slight increase of +0.09% from the previous day's closing price, outperforming the S&P 500's daily loss of 0.01% [1] - Over the past month, AAL shares have increased by 13.66%, while the Transportation sector and S&P 500 gained 8.43% and 6.43%, respectively [1] Upcoming Earnings - The upcoming EPS for American Airlines is projected at $0.77, reflecting a significant decline of 29.36% compared to the same quarter last year [2] - Revenue is estimated to be $14.29 billion, indicating a slight decrease of 0.29% compared to the same quarter last year [2] Annual Forecast - For the entire year, the Zacks Consensus Estimates predict earnings of $0.81 per share and revenue of $54.61 billion, representing a decrease of 58.67% in earnings and a modest increase of 0.74% in revenue compared to the previous year [3] Analyst Estimates - Recent changes to analyst estimates for American Airlines are crucial as they reflect the evolving business landscape, with positive revisions indicating optimism about the company's outlook [4] - The Zacks Rank system, which incorporates these estimate changes, provides actionable insights for investors [5] Zacks Rank and Performance - American Airlines currently holds a Zacks Rank of 5 (Strong Sell), with the Zacks Consensus EPS estimate decreasing by 4.7% over the last 30 days [6] Valuation Metrics - The Forward P/E ratio for American Airlines is 14.14, which is higher than the industry average of 9.33 [7] - The PEG ratio for AAL is 1.29, compared to the Transportation - Airline industry's average PEG ratio of 0.89 [7] Industry Overview - The Transportation - Airline industry ranks in the bottom 41% of all industries, with a current Zacks Industry Rank of 146 [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
American Airlines (AAL) Ascends While Market Falls: Some Facts to Note