American Airlines (AAL) Stock Moves -0.61%: What You Should Know

American Airlines (AAL) closed at $11.44 in the latest trading session, marking a -0.61% move from the prior day. This change was narrower than the S&P 500's daily loss of 1.12%. Elsewhere, the Dow saw a downswing of 0.31%, while the tech-heavy Nasdaq depreciated by 2.04%.Heading into today, shares of the world's largest airline had lost 23.93% over the past month, lagging the Transportation sector's loss of 3.72% and the S&P 500's loss of 2.91% in that time.Analysts and investors alike will be keeping a close eye on the performance of American Airlines in its upcoming earnings disclosure. In that report, analysts expect American Airlines to post earnings of -$0.50 per share. This would mark a year-over-year decline of 47.06%. Our most recent consensus estimate is calling for quarterly revenue of $12.57 billion, down 0.04% from the year-ago period.AAL's full-year Zacks Consensus Estimates are calling for earnings of $2.15 per share and revenue of $56.99 billion. These results would represent year-over-year changes of +9.69% and +5.13%, respectively.Additionally, investors should keep an eye on any recent revisions to analyst forecasts for American Airlines. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 11.19% downward. As of now, American Airlines holds a Zacks Rank of #3 (Hold).With respect to valuation, American Airlines is currently being traded at a Forward P/E ratio of 5.36. This valuation marks a discount compared to its industry's average Forward P/E of 8.44.It is also worth noting that AAL currently has a PEG ratio of 0.26. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Transportation - Airline industry had an average PEG ratio of 0.66 as trading concluded yesterday.The Transportation - Airline industry is part of the Transportation sector. This industry, currently bearing a Zacks Industry Rank of 43, finds itself in the top 18% echelons of all 250+ industries.The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Airlines Group Inc. (AAL): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks