Summary:
- American Airlines (AAL, Financial) posts Q1 losses despite better-than-expected results.
- Analysts anticipate a potential 57.30% upside with a target price of $14.66.
- The airline's “Outperform” rating highlights confidence amid economic uncertainties.
American Airlines (AAL) has seen its stock value decrease despite an impressive first quarter that outperformed expectations. The decline is attributed to increased labor costs and a 3% drop in domestic passenger miles. Furthermore, economic uncertainties caused the airline to retract its full-year guidance. For Q1, American Airlines reported losses amounting to $0.59 per share, a figure that was lower than the projected loss of $0.67 per share by analysts.
Wall Street Analysts Forecast
American Airlines Group Inc (AAL, Financial) is projected to see a notable rise based on insights from 19 analysts. The average one-year target price is $14.66, with estimates ranging from a high of $24.00 to a low of $8.00. This average target indicates a potential upside of 57.30% from the current trading price of $9.32. For a deeper dive into these estimates, visit the American Airlines Group Inc (AAL) Forecast page.
The consensus from 23 brokerage firms places American Airlines Group Inc (AAL, Financial) at an average recommendation of 2.4, signaling an "Outperform" status. The recommendation system ranges from 1 (Strong Buy) to 5 (Sell), showcasing a cautiously optimistic perspective from analysts.
According to GuruFocus calculations, the anticipated GF Value of American Airlines Group Inc (AAL, Financial) for next year is pegged at $12.37. Compared to the current price of $9.32, this represents a potential upside of 32.73%. The GF Value estimates a stock's fair trading value based on its historic trading multiples, past business growth, and projected future performance. More information can be accessed on the American Airlines Group Inc (AAL) Summary page.
