雅虎香港財經 American Airlines (AAL) Gains But Lags Market: What You Should Know
In the latest market close, American Airlines (AAL) reached $11.62, with a +1.04% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.19%. Elsewhere, the Dow saw an upswing of 0.25%, while the tech-heavy Nasdaq appreciated by 1.96%.
Prior to today's trading, shares of the world's largest airline had lost 19.3% over the past month. This has lagged the Transportation sector's loss of 2.76% and the S&P 500's gain of 3.35% in that time.
Market participants will be closely following the financial results of American Airlines in its upcoming release. The company's earnings per share (EPS) are projected to be $1.11, reflecting a 42.19% decrease from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $14.62 billion, up 4.04% from the prior-year quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.14 per share and a revenue of $55.21 billion, representing changes of -19.25% and +4.59%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for American Airlines. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 16.03% lower within the past month. American Airlines currently has a Zacks Rank of #3 (Hold).
From a valuation perspective, American Airlines is currently exchanging hands at a Forward P/E ratio of 5.38. This denotes a discount relative to the industry's average Forward P/E of 9.12.
We can also see that AAL currently has a PEG ratio of 0.2. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Transportation - Airline stocks are, on average, holding a PEG ratio of 0.65 based on yesterday's closing prices.
The Transportation - Airline industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 137, which puts it in the bottom 46% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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American Airlines Group Inc. (AAL) : Free Stock Analysis Report
