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Shares of American Airlines (NASDAQ:AAL) were on track for their seventh straight session of losses, falling 2.5% in afternoon trading.
The airline fell 2.5% to $13.10 on Wednesday. Its shares have gained 2.8% over a 12-month period.
Looking at Seeking Alpha’s Quant ratings, American Airlines has a Hold rating with a score of 3.34 out of 5. The company scored an A+ for both valuation and growth, but only managed a D+ for momentum.
Turning to the Wall Street community, three out of 21 analysts rate American Airlines as a Buy or higher, 16 rate it a Hold, and two rate it as a Sell.
Seeking Alpha analysts at large consider the company a Hold. According to SA analyst Stone Fox Capital, “The airlines have run into some temporary headwinds with fuel and capacity not aligned with the shifting travel dynamics preferring international destinations in 2023.”
December was not a favorable month for the company, with nine sessions in the green and 12 sessions in the red.
