American Airlines Group Inc. (AAL - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 51% in the past one-month time frame.
The company has seen four negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
American Airlines currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
American Airlines Group Inc. Price
Investors interested in the Transportation - Airline industry may consider Azul S.A. (AZUL - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can the complete list of today’s Zacks #1 Rank stocks here.
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