Company Update (NASDAQ:AAL): American Airlines Group Inc Reports Record August Traffic, Capacity And Load Factor

American Airlines Group Inc (NASDAQ:AAL) reported August 2015 and year-to-date traffic results.

American Airlines Group’s total revenue passenger miles (RPMs) were 21.0 billion, up 5.0 percent versus August 2014. Total capacity was 24.3 billion available seat miles (ASMs), up 2.7 percent versus August 2014. Total passenger load factor was 86.5 percent, up 1.9 percentage points versus August 2014. All three metrics were records for the month of August.

The Company continues to expect its third quarter 2015 consolidated passenger revenue per available seat mile (PRASM) to be down approximately six to eight percent year-over-year. In addition, the Company continues to expect its third quarter pretax margin excluding special items to be between 16 and 18 percent.

The following summarizes American Airlines Group traffic results for the month and year-to-date ended August 31, 2015 and 2014, consisting of mainline-operated flights, wholly owned regional subsidiaries and operating results from capacity purchase agreements. (Original Source)

Shares of American Airlines Group Inc closed yesterday at $41 . AAL has a 1-year high of $56.20 and a 1-year low of $28.10. The stock’s 50-day moving average is $41.03 and its 200-day moving average is $44.84.

On the ratings front, AAL has been the subject of a number of recent research reports. In a report issued on September 2, Imperial analyst Bob McAdoo maintained a Buy rating on AAL, with a price target of $65, which implies an upside of 58.5% from current levels. Separately, on September 1, Deutsche Bank’s Michael Linenberg upgraded the stock to Buy and has a price target of $50.

According to, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Bob McAdoo and Michael Linenberg have a total average return of 18.5% and 25.1% respectively. McAdoo has a success rate of 63.7% and is ranked #47 out of 3752 analysts, while Linenberg has a success rate of 67.8% and is ranked #43.

Overall, 2 research analysts have assigned a Hold rating and 5 research analysts have given a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $52.67 which is 28.5% above where the stock closed yesterday.

American Airlines Group Inc, through its subsidiaries, operates in the airline industry. The Company has hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York City, Philadelphia, Phoenix and Washington, D.C.

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