RE:AC stock price COMPARISONSHave you accounted for price adjustment due to dillution by AC?
OnTheBalance wrote: Some Quick Comparisons as we've done in the past. This is around 2:45 PM EDT, April 20, after US stocks have retreated, especially the airlines stocks.
Comparing current SP to their previous, pre Covid Highs:
AC @ 43.9%
UAL@ 53.3%
AAL @ 65.7%
DAL @ 70.9%
LUV @ 101.4%
AC's LIQUIDITY PROFILE NOW IS ABSOLUTELY AT THE TOP OF THE HEAP. Call it INSURANCE for YEARS. Now let's see which one will outperform the others over next year, two years? Raymond James analyst Savanthi Syth gets it. Why did she move the TP up from $30 to $35, after the government deal was done?
A Not too Shabby Statement from UAL:
“We’ve shifted our focus to the next milestone on the horizon and now see a clear path to profitability,” CEO Scott Kirby said in an earnings release. “We’re encouraged by the strong evidence of pent-up demand for air travel and our continued ability to nimbly match it, which is why we’re as confident as ever that we’ll hit our goal to exceed 2019 adjusted EBITDA margins in 2023, if not sooner.”