American Airlines downgraded by TD Cowen with a new price target
$AAL
Air Freight/Delivery Services
Consumer Discretionary
TD Cowen downgraded American Airlines from Buy to Hold and set a new price target of $10.00 from $16.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/15/2024 | $15.00 | Neutral | Goldman |
| 11/14/2024 | $10.00 → $16.00 | Underweight → Equal Weight | Barclays |
| 10/25/2024 | $9.00 → $10.00 | Hold | TD Cowen |
| 10/3/2024 | $7.00 → $9.00 | Hold | TD Cowen |
| 7/22/2024 | $18.00 → $12.00 | Outperform → Mkt Perform | Bernstein |
| 7/17/2024 | $16.00 → $10.00 | Buy → Hold | TD Cowen |
| 5/29/2024 | Buy → Neutral | Seaport Research Partners | |
| 5/29/2024 | $18.00 → $16.00 | Buy | TD Cowen |
4 - American Airlines Group Inc. (0000006201) (Issuer)
4 - American Airlines Group Inc. (0000006201) (Issuer)
4 - American Airlines Group Inc. (0000006201) (Issuer)
American Airlines Group Inc. (NASDAQ:AAL) reported second-quarter 2024 financial results and lowered its 2024 EPS outlook. The airline reported second quarter total operating revenue growth of 2% year-over-year to $14.334 billion, missing the consensus of $14.36 billion. The adjusted operating margin stood at 9.7% in the second quarter, compared to 15.4% a year ago. Operating expenses increased by 8.9% year over year to $12.95 billion. The company reported an adjusted EPS of $1.09, down from $1.92 a year ago and above the consensus $1.05. In the second quarter, the company generated an operating cash flow of ~$1.1 billion and a free cash flow of ~$850 million. American Airline
- Conference Call
SC 13G/A - American Airlines Group Inc. (0000006201) (Subject)
SC 13G/A - American Airlines Group Inc. (0000006201) (Subject)
SC 13G - American Airlines Group Inc. (0000006201) (Subject)
8-A12B/A - American Airlines Group Inc. (0000006201) (Filer)
8-K - American Airlines Group Inc. (0000006201) (Filer)
10-Q - American Airlines Group Inc. (0000006201) (Filer)
Goldman resumed coverage of American Airlines with a rating of Neutral and set a new price target of $15.00
Barclays upgraded American Airlines from Underweight to Equal Weight and set a new price target of $16.00 from $10.00 previously
TD Cowen reiterated coverage of American Airlines with a rating of Hold and set a new price target of $10.00 from $9.00 previously
FORT WORTH, Texas, Oct. 24, 2024 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ:AAL) today reported its third-quarter 2024 financial results, including: Record third-quarter revenue of $13.6 billion.Third-quarter net loss of $149 million, or ($0.23) per share. Excluding net special items1, third-quarter net income of $205 million, or $0.30 per diluted share.Led U.S. network carriers in third-quarter completion factor.Ended the third quarter with $11.8 billion of total available liquidity. On track to reduce total debt2 from peak levels by $15 billion by year-end 2025. Full-year adjusted earnings per diluted share3 expected to be between $1.35 and $1.60. "The American Airlines t
FORT WORTH, Texas, Oct. 10, 2024 (GLOBE NEWSWIRE) -- American Airlines Group (NASDAQ:AAL) will webcast a live audio feed of its third-quarter 2024 financial results conference call with financial analysts and journalists on Thursday, Oct. 24, at 7:30 a.m. CT. The webcast will be available to the public on a listen-only basis at aa.com/investorrelations. An archive of the call will be available on the website through Nov. 24. About American Airlines GroupAs a leading global airline, American Airlines offers thousands of flights per day to more than 350 destinations in more than 60 countries. The airline is a founding member of the oneworld® alliance, whose members serve more than 900 dest
FORT WORTH, Texas, July 25, 2024 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ:AAL) today reported its second-quarter 2024 financial results, including: Highest-ever quarterly revenue of $14.3 billion.Second-quarter net income of $717 million, or $1.01 per diluted share. Excluding net special items1, second-quarter net income of $774 million, or $1.09 per diluted share.Generated operating cash flow of approximately $1.1 billion and free cash flow2 of approximately $850 million in the second quarter.Reduced total debt3 by approximately $680 million in the second quarter. On track to reduce total debt3 from peak levels by $15 billion by year-end 2025. Full-year adjusted earning
UATP's annual conference attracts travel industry leaders and global airlines, speaking and sponsorship opportunities available WASHINGTON, Nov. 14, 2024 /PRNewswire/ -- UATP, the global network simplifying payments and the annual host of Airline Distribution®, has opened registration for next year's conference. All those interested in attending can register here. Airline Distribution® 2025 will take place 18-20 March 2025, at the Anantara New York Palace Budapest Hotel in Budapest, Hungary. It is UATP's annual interactive conference that focuses on critical issues impacting t
FORT WORTH, Texas, Oct. 24, 2024 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ:AAL) today reported its third-quarter 2024 financial results, including: Record third-quarter revenue of $13.6 billion.Third-quarter net loss of $149 million, or ($0.23) per share. Excluding net special items1, third-quarter net income of $205 million, or $0.30 per diluted share.Led U.S. network carriers in third-quarter completion factor.Ended the third quarter with $11.8 billion of total available liquidity. On track to reduce total debt2 from peak levels by $15 billion by year-end 2025. Full-year adjusted earnings per diluted share3 expected to be between $1.35 and $1.60. "The American Airlines t
FORT WORTH, Texas, Oct. 10, 2024 (GLOBE NEWSWIRE) -- American Airlines Group (NASDAQ:AAL) will webcast a live audio feed of its third-quarter 2024 financial results conference call with financial analysts and journalists on Thursday, Oct. 24, at 7:30 a.m. CT. The webcast will be available to the public on a listen-only basis at aa.com/investorrelations. An archive of the call will be available on the website through Nov. 24. About American Airlines GroupAs a leading global airline, American Airlines offers thousands of flights per day to more than 350 destinations in more than 60 countries. The airline is a founding member of the oneworld® alliance, whose members serve more than 900 dest
NEW YORK, Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from
Rosario Dawson, a SU2C celebrity ambassador, joins American to launch this year's fundraising campaign with a powerful new video alongside airline team members. Customers will earn American Airlines AAdvantage® miles for donations made to SU2C during the six-week campaign. FORT WORTH, Texas, Aug. 15, 2024 /PRNewswire/ -- American Airlines, in collaboration with Stand Up To Cancer® (SU2C), is launching its annual campaign to raise funds for innovative and life-saving cancer research and is inviting customers to contribute. The campaign kicked off with a powerful new public service announcement featuring actress, film producer and SU2C celebrity ambassador Rosario Dawson.
Smith will assume role April 30 following retirement of current chairman and former American Airlines CEO Doug Parker Longtime board members Ray Robinson and Jim Albaugh will retire from board at end of current term FORT WORTH, Texas, Feb. 23, 2023 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ:AAL) today announced that Greg Smith has been named independent chairman of the company's board of directors, effective April 30, 2023. Smith, 56, will succeed Doug Parker, who will retire from the board at that time. Smith's appointment is part of the board's long-term succession planning process. "Our CEO transition has been flawless thanks to the great work of Robert Isom, his team a