American Airlines closed slightly higher than the previous day, but underperformed the S&P 500.

From Nasdaq: 2024-12-06 18:15:03

American Airlines (AAL) closed at $17.40, up 0.12% from the previous day, underperforming the S&P 500. The stock has risen by 27.61% in the past month, surpassing the sector and S&P 500 gains.

Analysts expect AAL to report earnings of $0.41 per share, a 41.38% increase, with revenue projected at $13.21 billion. Recent estimate revisions can impact stock performance, reflected in the Zacks Rank system.

AAL trades at a Forward P/E of 11.63, higher than the industry average. The PEG ratio stands at 0.31, indicating potential growth. The Transportation – Airline industry ranks in the top 10% of all industries.

Experts have identified 7 stocks as strong buys, beating the market by 2X with an average gain of +24.1% annually since 1988. These handpicked stocks are expected to show early price pops.



Read more at Nasdaq: Here’s Why American Airlines (AAL) Gained But Lagged the Market Today