Recently American Airlines Group Inc. (NASDAQ:AA), reported its earnings for the Q2. The net profit declared was $1.9B, which is about $2.62 per share. The net profit for the same quarter the previous year was reported at $1.5 Bn and $1.98 diluted per share. This year the profits and the per share price has shown immense improvements, making the stock fast moving, and interesting the investors. The net profit margin for the company has been recorded at 10% while the weekly performance has been diluted at 3.81%. The 50-day moving average for the firm’s shares have been recorded at 3.95%
Currently the company is trading at 0.18 points up i.e. 0.42% improvement in the stock rates since it last closed. The firm opened at $42.85 and went on to achieve an intraday high of $43.3 before ending up at $42.88 where it is currently trading. The market capitalization as recorded by the firm is $28.89 Bn while the dividend yield has been recorded at 0.93%
Delta Airlines Inc. (NYSE:DAL), has recently received an analyst’s update. According to 12 analysts, the stocks should reach $52.42 per share price in the coming times. According to 11 analysts, the stocks are rated at strong buy. The current price target as estimated by the analysts is $65 per share. The current trading price is definitely higher than what the airlines firm closed at the previous day. The firm opened at $46.36 and went on to achieve an intraday high of $46.53. The firm is currently trading at $46.32, which is flat at 0.1 points or 0.23%
The market cap for the firm is currently recorded at $36.87B while the P/E ratio is 20.2 for the company. The estimates would be realized in the coming weeks. As of now, both firms have been given strong buy ratings.
