April 18, 2024 EU Moves Toward Single Capital Market Union
April 17, 2024 Bitcoin Halving 2024: Market Impact Predictions
April 14, 2024 Markets Rattle: Iran-Israel Conflict and Economic Data Ahead
April 12, 2024 Banks Brace for Earnings Amid Rate Cut Speculations
Apple’s Technical Climb To $240 By Year-End
April 12, 2024 Improve Your Financial Status: A How-To Guide
April 12, 2024 How ZIM Integrated Container Tracking is Revolutionizing Global Trade
March 15, 2024 6 Best Growth Stocks To Buy Now According to Metatrader 5
March 6, 2024 Navigating GBP Forecast: Mistakes To Avoid In Forex Trading
American Airlines (AAL) stock forecast for 2024
Updated: April 15, 2024 (11:47)
Sector: IndustrialsThe share price of American Airlines Group Inc. (AAL) now
50/200 Day Moving Average: $14.62 / $14.23
This figure corresponds to the Average Price over the previous 50/200 days. For American Airlines stocks, the 50-day moving average is the resistance level today.
For American Airlines stocks, the 200-day moving average is the resistance level today.
Are you interested in American Airlines Group Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the American Airlines stock price in 2024. How much will one American Airlines share be worth in 2024? Is it worth taking profit / loss on AAL stock now or waiting? What are analysts' forecasts for American Airlines stock?
We forecast American Airlines stock performance using neural networks based on historical data on AAL stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.
American Airlines Group Inc. stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for American Airlines analysts is $17.57. Today 200 Day Moving Average is the resistance level (14.23 $). 50 Day Moving Average is the resistance level (14.62 $).
Historical and forecast chart of American Airlines Group Inc. stock
The chart below shows the historical price of American Airlines stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the AAL stock price can be found in the table below.
Sell or Buy American Airlines (AAL) stocks? Analytic Experts Forecasting...
American Airlines: Insatiable Fear
American Airlines Retooling Will Drive Stock Improvement
American Airlines: Betting On Another Bailout
The Turbulent Flight Ahead: Forecasting American Airlines Stock in 2024
Predicting the trajectory of American Airlines’ stock (AAL) in 2024 involves navigating a complex airspace of economic indicators, company performance metrics, and external factors such as weather and fuel costs. While the company’s expectations of up to 9% profit margins offer an optimistic outlook, accurately forecasting AAL stock hinges on several pivotal factors.
Key Influences on AAL Stock in 2024
One of the primary drivers for AAL stocks in 2024 is the company’s financial health and operational performance. Despite a drop in Q4 revenue, American Airlines has demonstrated a robust full-year earnings surge, thanks to its strategic deleveraging efforts, reducing debt by $11.4 billion since its peak in 2021. Such strong execution and cost management strategies signal potential resilience and growth, influencing the AAL stock forecast positively.
However, managing costs and protecting yield will pose significant challenges, especially with the increased cost basis observed. Weather conditions and subsequent flight cancellations have already shown their impact, with nearly a 10% drop in shares after severe weather incidents. These events highlight the susceptibility of the airline industry to external disruptions, adding a layer of unpredictability to stock performance.
Moreover, industry-wide factors, such as the comparison with peers like Delta Air Lines, which also anticipates robust demand for air travel in FY 2024 despite slight adjustments in earnings forecasts, will play a role. Delta’s performance and outlook, including its impact on investor sentiment across the sector, can serve as a bellwether for AAL.
In conclusion, while positive EPS estimate revisions and industry projections imply growth, accurately predicting AAL stock rates for 2024 requires a careful examination of company-specific achievements against broader industry trends and economic factors. Investors should remain attuned to both American Airlines’ strategic maneuvers and external events that could significantly influence stock performance in the coming year.
American Airlines (AAL) Forecast for 2024
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| May | 13.73 | 11.94 | 15.10 | 20.91 % |
| Jun | 14.83 | 13.08 | 16.10 | 18.78 % |
| Jul | 15.18 | 13.79 | 17.13 | 19.50 % |
| Aug | 15.55 | 13.62 | 16.23 | 16.09 % |
| Sep | 13.03 | 11.52 | 14.18 | 18.75 % |
| Oct | 12.51 | 11.46 | 13.81 | 17.03 % |
| Nov | 12.11 | 10.63 | 13.87 | 23.39 % |
| Dec | 12.47 | 10.57 | 13.14 | 19.54 % |
American Airlines information and performance
1 SKYVIEW DRIVE, FORT WORTH, TX, US
Market capitalization of the American Airlines Group Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of AAL shares in the company outstanding by the market price of one share.
EBITDA of American Airlines is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
American Airlines price target for 2024 by month
Target values for the price of one American Airlines share for May 2024.
In May, the Positive dynamics for American Airlines Group Inc. shares will prevail with possible monthly volatility of 20.909% volatility is expected.
Pessimistic target level: 11.94
Optimistic target level: 15.10
Target values for the price of one American Airlines share for Jun 2024.
In Jun, the Positive dynamics for American Airlines Group Inc. shares will prevail with possible monthly volatility of 18.785% volatility is expected.
Pessimistic target level: 13.08
Optimistic target level: 16.10
Target values for the price of one American Airlines share for Jul 2024.
In Jul, the Positive dynamics for American Airlines Group Inc. shares will prevail with possible monthly volatility of 19.504% volatility is expected.
Pessimistic target level: 13.79
Optimistic target level: 17.13
Target values for the price of one American Airlines share for Aug 2024.
In Aug, the Positive dynamics for American Airlines Group Inc. shares will prevail with possible monthly volatility of 16.092% volatility is expected.
Pessimistic target level: 13.62
Optimistic target level: 16.23
Target values for the price of one American Airlines share for Sep 2024.
In Sep, the Negative dynamics for American Airlines Group Inc. shares will prevail with possible monthly volatility of 18.750% volatility is expected.
Pessimistic target level: 11.52
Optimistic target level: 14.18
Target values for the price of one American Airlines share for Oct 2024.
In Oct, the Negative dynamics for American Airlines Group Inc. shares will prevail with possible monthly volatility of 17.029% volatility is expected.
Pessimistic target level: 11.46
Optimistic target level: 13.81
Target values for the price of one American Airlines share for Nov 2024.
In Nov, the Negative dynamics for American Airlines Group Inc. shares will prevail with possible monthly volatility of 23.386% volatility is expected.
Pessimistic target level: 10.63
Optimistic target level: 13.87
Target values for the price of one American Airlines share for Dec 2024.
In Dec, the Positive dynamics for American Airlines Group Inc. shares will prevail with possible monthly volatility of 19.545% volatility is expected.
Pessimistic target level: 10.57
Optimistic target level: 13.14
American Airlines (AAL) stock dividend
American Airlines last paid dividends on 02/04/2020. The next scheduled payment will be on 02/19/2020. The amount of dividends is $None per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.
Last Split Date: 01/01/1970
Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.
For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.
Related stocks from Industrials sector
