Core Insights - American Airlines (AAL) stock closed at $12.19, down 1.14% from the previous day, underperforming the S&P 500, which fell by 0.55% [1] - Over the past month, AAL shares have decreased by 5.15%, compared to a 2.32% loss in the Transportation sector and a 3.64% gain in the S&P 500 [1] Earnings Performance - The upcoming earnings per share (EPS) for American Airlines is projected at -$0.24, reflecting a 180.00% decline year-over-year [2] - Revenue is estimated to be $13.65 billion, indicating a slight decrease of 0.01% compared to the same quarter last year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $0.44 per share, a decrease of 77.55% from the previous year, while revenue is expected to be $54.51 billion, a modest increase of 0.56% [3] - Recent changes in analyst estimates for American Airlines may indicate shifting business dynamics, with positive revisions suggesting a favorable business outlook [3] Stock Performance and Valuation - The Zacks Rank system, which assesses estimate changes, currently rates American Airlines at 4 (Sell), with a consensus EPS projection that has increased by 2.58% in the last 30 days [5] - American Airlines has a Forward P/E ratio of 27.92, significantly higher than the industry average of 10.36, and a PEG ratio of 3.04, compared to the industry average PEG ratio of 0.8 [6] Industry Context - The Transportation - Airline industry ranks in the top 42% of all industries, with a Zacks Industry Rank of 103, indicating that top-rated industries tend to outperform lower-rated ones [7]
Why American Airlines (AAL) Dipped More Than Broader Market Today