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American Airlines (AAL) Stock Sinks As Market Gains: What You Should Know

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In the latest trading session, American Airlines (AAL - Free Report) closed at $12.98, marking a -0.92% move from the previous day. This change lagged the S&P 500's 0.95% gain on the day. Meanwhile, the Dow gained 0.64%, and the Nasdaq, a tech-heavy index, added 0.23%.

Coming into today, shares of the world's largest airline had lost 18.79% in the past month. In that same time, the Transportation sector lost 3.6%, while the S&P 500 lost 3.49%.

Wall Street will be looking for positivity from American Airlines as it approaches its next earnings report date. On that day, American Airlines is projected to report earnings of $0.67 per share, which would represent year-over-year growth of 139.64%. Our most recent consensus estimate is calling for quarterly revenue of $13.08 billion, up 74.85% from the year-ago period.

AAL's full-year Zacks Consensus Estimates are calling for earnings of -$1.24 per share and revenue of $47.27 billion. These results would represent year-over-year changes of +85.2% and +58.18%, respectively.

Investors should also note any recent changes to analyst estimates for American Airlines. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 9.38% lower. American Airlines is holding a Zacks Rank of #3 (Hold) right now.

The Transportation - Airline industry is part of the Transportation sector. This group has a Zacks Industry Rank of 182, putting it in the bottom 29% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.


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