American Airlines (AAL) stock closed lower despite market gains, analysts predict positive earnings.

From Nasdaq: 2024-11-29 18:15:04

American Airlines (AAL) closed at $14.52, down -0.82%, trailing the S&P 500. The stock has gained 9.25% over the past month, outperforming the Transportation sector. Analysts predict an EPS of $0.41 and revenue of $13.16 billion for the upcoming earnings release.

Investors should monitor analyst estimates for American Airlines, as positive revisions indicate analyst optimism. Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), can help capitalize on estimate changes. AAL currently holds a Zacks Rank #2 (Buy).

American Airlines has a Forward P/E ratio of 9.8, below the industry average of 10.04. The PEG ratio stands at 0.26, compared to the industry average of 1.17. The Transportation – Airline industry is ranked in the top 11% of all industries.

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