In the past 90 days (3 months), the price of crude has declined by 17% while during the same period, AAL's 4th quarter estimate rose by 4.9% to $1.92 per share. During the same period analysts estimates for the 1st quarter of 2016 fell from $1.33 to $1.13 or 15.1% and is currently 34.7% below last years $1.73 . The stock reflecting the confusing cross-currents was essentially flat in price at $42.40 in the period.
You are very astute regarding airlines. Do you ever look at foreign airlines Suggest you look at Air Canada .Sells at 2.4 times earnings. I am long 5000 AAL and 10,000 Air Canada .Same story, from bankrupt to prosperity
If you believe that AAL is very inexpensive,which I do, then you should take a look at Air Canada, At current levels it sells at 2.7 times 2015 earnings of $4.35. Four Canadian banks have a price target range of $17 to $23.Current price $11.80
Short interest is 15% of float and totaled 6.4 million at Oct, 15. Updated release after the close for Oct 30.After hours and tomorrow will be interesting.
The debt comparison is greatly over-done. If Delta had the same age of fleet as AAL,, would not its debt level be substantially higher. In time, the fact that AAL is statistically equal to DAL will result in a sizeable narrowing of their respective PE multiples
All sourced from Yahoo Finance
Who has the highest profit margins? AAL
Who has the highest operating margins? AAL
Who has the highest revenue? AAL
Who has the highest gross $ profit? AAL
Who has the largest EBITDA ? AAL
Who has the largest net income ? AAL
Who has the largest operating cash flow? DAL
Who has the greatest cash per share as % of stock price? AAL
Who has the most modern fleet? AAL
As DAL's cash flow was only 3% greater than AAL and with AAL being superior in every other category, how can DAL's market cap be 37% greater than AAL. .The only explanation is that historically DAL was a great airline and that AAL is rapidly becoming a great airline when the US Air merger becomes recognized as a success.
Hey Rookie. You are totally wrong on two counts. One, companies do not warn on a minor shortfall in revenue certainly not when earnings come in above consensus. Two, Weinberg did not sell a single share in the quarter according to SEC reports.
josve942 I am in 100% agreement . I am a retired portfolio manager who will be 76 in less than 2 months. I too bought on the ridiculous sell-off and luckily bought a 1000 shares below $30.Thanks to those that sell first and check the facts later. Obviously they were not aware that sales rose 27% overall while foreign sales rose 52% and China sales soared by 175%.Meanwhile Middle East and African sales total 2.5 million pair, 67% greater than China's 1.5 million, leaving huge Chinese potential,.By the way there was a 15 cents non recurring write -off in the quarter. Anybody pay attention to the conference call?
A 50% Fibinnoci retracement calls for a short term target of $42.
Only the shorts that sold and stayed short prior to May 20,2015 are making money. All others are losing. The pressure is starting to build . Look for an upward spike over the next three trading days.
Based upon Friday's close, AAL had a market cap of $28.5 billion, 24% below that of DAL's 37.6 billion.
Consider the following:(1) AAL has higher revenue than DAL (2) AAL has higher EBITDA than DAL (3)AAL has more cash per share than DAL (4) AAL has higher gross profit than DAL (5) AAL has a younger fleet than DAL
Based on the facts listed above AAL should be selling at about $55 based on recent statistics. Look for the gap to narrow over the next six months
WTI looks like a big reversal day as it is currently down $1.93 from a spike top of $49.71.
AAL is on the verge of breaking out of a downward sloping channel that has prevailed since April, 2015, At that time the stock made a double l top at the $55-56 level. Fibonaccii theory gives targets of $ 45.5 and $48