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Category: American Airlines (AAL)
Date: 1 October 2020 Stock price of American Airlines (AAL): $12.29 We take a look at the recent stock price performance of American Airlines (AAL) and compare it to some of their peers. It's no secret that the Covid-19 pandemic has hit the airlines and their stock prices hard. But how hard has the stock of American Airlines been hit, and how does that compare against its peers.
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So while all the airline stocks took a hit due to the Covid-19 pandemic, American Airlines (AAL) has taken by far the biggest knock when compared to Southwest (LUV) and Delta Airlines (DAL)."
More About American Airlines (AAL)
American Airlines and American Eagle offer an average of nearly 6,700 flights per day to nearly 350 destinations in more than 50 countries. American has hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. American is a founding member of the oneworld® alliance, whose members serve more than 1,000 destinations with about 14,250 daily flights to over 150 countries. Shares of American Airlines Group Inc. trade on NASDAQ under the ticker symbol AAL. In 2015, its stock joined the S&P 500 index
Overview of American Airlines (AAL) last quarterly results
The data below refers to the numbers of the latest quarter (unless specified otherwise)
- Revenue: $1.622 billion (down from $11.960 billion for the same quarter of the previous year)
- Revenue decreased by -86.4% over the last 12 months
- Total operating expenses: $4.108 billion (down from $10.807 billion for the same quarter of the previous year)
- Total operating expenses decreased by -62% over the last 12 months
- Net loss: -$2.067 billion (down from $185 million for the same quarter of the previous year)
- Diluted loss per share: -$4.82 (down from $1.49 for the same quarter of the previous year)
- Weighted average shares outstanding-diluted: 428.807 million (down from 445.587 million for the same quarter of the previous year)
- Cash and equivalents: $462 million
- Cash and cash equivalents per share: $1.07
- Cash and cash equivalents makes up 0.72% of the American Airlines' total assets
- Cash and cash equivalents makes up 9.4% of American Airlines' current market capital
- Accounts and notes receivable: $879 million
- Accounts and notes receivable makes up 1.4% of the group's total assets
- Long-term debt and finance leases, net of current maturities: $28.698 billion
- Long-term debt and finance leases, net of current maturities increased by 33.7% over the last 12 months
- The continued increase in debt and finance leasing is taken up to ensure the group can stay afloat considering that they burnt through roughly $55 million a day. During June however the cash burn rate per day was sitting at $30 million
- Goodwill of American Airlines: $4.091 billion
- Goodwill makes up 6.3% of American Airlines total assets
American Airlines (AAL) stock price history over the last 5 years
The image below shows the stock price history of American Airlines (AAL) over the last 5 years. And it's clear from the image below that there has been a significant slump in the stock of American Airlines (AAL) since the beginning of the year.
American Airlines (AAL) stock price history over the last 5 years
American Airlines (AAL) vs Delta Airlines (DAL) vs Southwest Airlines (LUV) over last 5 years
The image below shows the stock price performance of American Airlines (AAL), Delta Airlines (DAL) and Southwest Airlines (LUV) over the last 5 years. As can be seen from the image below airline stocks took a massive hit at the start of 2020 as the Covid-19 pandemic hit international and domestic travel hard. The summary shows the stock price performance of the three airlines (sorted from best to worst performer):
From the above it is clear that Southwest Airlines (LUV) stock has been by far the best performer and the worst performer of the three airlines being American Airlines.
- Southwest Airlines: -17.5%
- Delta Airlines: -39.9%
- American Airlines: -73.6%
From the above it is clear that Southwest Airlines (LUV) stock has been by far the best performer and the worst performer of the three airlines being American Airlines.
American Airlines (AAL) vs Delta Airlines (DAL) vs Southwest Airlines (LUV) over last 5 years
So while all the airline stocks took a hit due to the Covid-19 pandemic, American Airlines (AAL) has taken by far the biggest knock when compared to Southwest (LUV) and Delta Airlines (DAL).