Stock Update (NASDAQ:AAL): American Airlines Group Inc Reports June Traffic Results

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

American Airlines Group’s total revenue passenger miles (RPMs) for the month were 20.4 billion, up 2.8 percent versus June 2014. Total capacity was 23.9 billion available seat miles (ASMs), up 2.4 percent versus June 2014. Total passenger load factor was 85.4 percent, up 0.4 percentage points versus June 2014.

The Company continues to expect its second 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 second quarter pretax margin excluding special items to be between 16 and 18 percent. For more financial forecasting detail, please refer to the Company’s investor relations update also filed this morning on SEC Form 8-K. (Original Source)

Shares of American Airlines Group Inc closed yesterday at $39.67. 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 $41.15 and its 200-day moving average is $47.87.

On the ratings front, American Airlines Group has been the subject of a number of recent research reports. In a report issued on June 25, UBS analyst Darryl Genovesi maintained a Hold rating on AAL, with a price target of $43, which implies an upside of 8.4% from current levels. Separately, on June 18, Barclays’ Isaac Husseini maintained a Buy rating on the stock and has a price target of $58.

According to, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Darryl Genovesi and Isaac Husseini have a total average return of 10.3% and -13.1% respectively. Genovesi has a success rate of 50.0% and is ranked #1464 out of 3694 analysts, while Husseini has a success rate of 0.0% and is ranked #3128.

Overall, 3 research analysts have assigned a Hold rating and one research analyst has given a a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $70.00 which is 76.5% 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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