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

American Airlines Group Inc. (NASDAQ:AAL) – Equities researchers at Zacks Research increased their Q4 2024 earnings per share estimates for shares of American Airlines Group in a report released 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 forecast 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:AAL) last announced its earnings results on Thursday, October 24th. The airline reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.14. The business had revenue of $13.65 billion during the quarter, compared to the consensus estimate of $13.50 billion. American Airlines Group had a negative return on equity of 18.62% and a net margin of 0.51%. The business’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.38 EPS.

AAL has been the subject of several other reports. Barclays raised American Airlines Group from an “underweight” rating to an “equal weight” rating and upped their target price for the stock from $10.00 to $16.00 in a research note on Thursday. JPMorgan Chase & Co. boosted their price target on American Airlines Group from $15.00 to $20.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. BNP Paribas upgraded American Airlines Group to a “hold” rating in a research report on Thursday, September 19th. Jefferies Financial Group boosted their price target on American Airlines Group from $10.00 to $11.00 and gave the stock a “hold” rating in a research report on Wednesday, October 2nd. Finally, Susquehanna upped their target price on American Airlines Group from $11.00 to $12.00 and gave the company a “neutral” rating in a report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, American Airlines Group presently has a consensus rating of “Hold” and a consensus price target of $13.96.

American Airlines Group Price Performance

Shares of AAL stock opened at $14.39 on Monday. The company has a market cap of $9.46 billion, a price-to-earnings ratio of 43.61, a PEG ratio of 0.26 and a beta of 1.39. The stock has a 50 day simple moving average of $12.28 and a 200-day simple moving average of $11.77. American Airlines Group has a 1-year low of $9.07 and a 1-year high of $16.15.

Hedge Funds Weigh In On American Airlines Group

Several hedge funds have recently bought and sold shares of the company. Beaird Harris Wealth Management LLC lifted its stake in American Airlines Group by 51.3% during the 1st quarter. Beaird Harris Wealth Management LLC now owns 2,345 shares of the airline’s stock worth $36,000 after acquiring an additional 795 shares in the last quarter. Blue Trust Inc. grew its stake in 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 buying an additional 911 shares during the last quarter. Silvercrest Asset Management Group LLC grew its stake in shares of American Airlines Group by 4.4% in the 1st quarter. Silvercrest Asset Management Group LLC now owns 23,375 shares of the airline’s stock valued at $359,000 after purchasing an additional 978 shares during the last quarter. CWM LLC grew its stake in shares of American Airlines Group by 5.2% in the 2nd quarter. CWM LLC now owns 21,540 shares of the airline’s stock valued at $244,000 after purchasing an additional 1,059 shares during the last quarter. Finally, Sunbelt Securities Inc. lifted its holdings in shares of American Airlines Group by 8.2% in the 2nd quarter. Sunbelt Securities Inc. now owns 14,894 shares of the airline’s stock valued at $169,000 after buying an additional 1,126 shares during the period. Institutional investors and hedge funds own 52.44% of the company’s stock.

American Airlines Group Company Profile

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.