American Airlines (AAL) stock closed at $15.33, up 2.47% from the previous day, outperforming S&P 500, which fell 0.16%. Analysts expect AAL to report EPS of $0.44, a 48.84% decrease from last year, with revenue forecasted to increase by 3.85%. The Zacks Rank for AAL is currently #3 (Hold).
With AAL’s Forward P/E ratio at 24.18 and PEG ratio at 2.55, the stock is trading at a premium compared to industry averages. The Transportation – Airline industry has a Zacks Industry Rank of 95, in the top 39% of industries. Analysts suggest following AAL closely in the upcoming trading sessions.
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Read more at Nasdaq: American Airlines (AAL) Rises As Market Takes a Dip: Key Facts
