American Airlines (AAL, Financial) experienced a significant stock movement with a 5.00% increase in its share price, reaching $12.11. This happened amidst a trading volume of 30.95 million shares and a turnover rate of 4.71%. The stock's amplitude was noted at 4.21%.
Recent financial reports for American Airlines revealed a revenue of $14.334 billion, net profit of $717 million, and earnings per share (EPS) of $1.09. The company reported a gross profit of $3.480 billion, although its price-to-earnings (P/E) ratio stood at -67.23.
Analyst ratings reflect a mixed sentiment towards American Airlines, with 33% of the 24 rating firms suggesting a buy, 58% advising hold, and 9% recommending a sell.
In the broader airline sector, American Airlines showed significant growth alongside companies like Azul SA and Sun Country Airlines Holdings, Inc. The trading activity was notably high with turnover rates of 5.50%, 4.72%, and 4.51% respectively. Volatility was observed in stocks such as Surf Air Mobility Inc., Azul SA, and Spirit Airlines, with amplitudes of 32.57%, 12.38%, and 9.14% respectively.
American Airlines is recognized as the largest airline globally by fleet size, capacity, and scheduled passenger miles. It operates major hubs in cities like Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C., and connects over 30% of U.S. air travel revenues to Latin American destinations. Notably, it boasts the youngest fleet among traditional U.S. airlines following a comprehensive fleet update.
