American Airlines (AAL) stock rises slightly, underperforms S&P 500 with lower earnings projection

From Nasdaq: 2024-05-24 18:15:09

American Airlines (AAL) closed at $13.84, up 0.14% from the previous day. The stock has dropped by 2.19% in the past month, underperforming the S&P 500. Earnings per share are projected to be $1.31, 31.77% lower than last year, with revenue expected to rise by 5.72% to $14.86 billion.

Valuation-wise, AAL has a Forward P/E ratio of 5.32, cheaper than the industry average of 9.14. The PEG ratio is 0.2, compared to the industry average of 0.66. The Transportation – Airline industry ranks in the bottom 23% of all industries.

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Read more at Nasdaq: American Airlines (AAL) Rises But Trails Market: What Investors Should Know