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DOW   39,807.37
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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSE:ALK

Alaska Air Group (ALK) Stock Price, News & Analysis

$42.97
+0.96 (+2.29%)
(As of 03/28/2024 ET)
Today's Range
$41.97
$43.27
50-Day Range
$34.82
$42.97
52-Week Range
$30.75
$57.18
Volume
3.31 million shs
Average Volume
2.46 million shs
Market Capitalization
$5.42 billion
P/E Ratio
23.74
Dividend Yield
N/A
Price Target
$55.93

Alaska Air Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
30.2% Upside
$55.93 Price Target
Short Interest
Healthy
3.63% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-5.64
Upright™ Environmental Score
News Sentiment
0.09mentions of Alaska Air Group in the last 14 days
Based on 21 Articles This Week
Insider Trading
Selling Shares
$249,340 Sold Last Quarter
Proj. Earnings Growth
31.17%
From $4.62 to $6.06 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.90 out of 5 stars

Transportation Sector

6th out of 116 stocks

Air Transportation, Scheduled Industry

3rd out of 17 stocks

ALK stock logo

About Alaska Air Group Stock (NYSE:ALK)

Alaska Air Group, Inc., through its subsidiaries, operates airlines. It operates through three segments: Mainline, Regional, and Horizon. The company offers scheduled air transportation services on Boeing jet aircraft for passengers and cargo in the United States, and in parts of Canada, Mexico, Costa Rica, Belize, Guatemala, and the Bahamas; and for passengers across a shorter distance network within the United States, Canada, and Mexico. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington.

ALK Stock Price History

ALK Stock News Headlines

Boeing Wants to Buy Its Supplier on Recent Drama, Here’s Why
Spirit AeroSystems is now Boeing's latest buy target, these are some of the 'behind the scenes' that landed Boeing to become interested in a high-upside name
Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
Company News for Mar 19, 2024
Alaska Air (ALK) Receives a Buy from J.P. Morgan
ALK Jan 2026 50.000 put
See More Headlines
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Company Calendar

Last Earnings
1/25/2024
Today
3/28/2024
Next Earnings (Estimated)
4/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Air transportation, scheduled
Sub-Industry
Airlines
CUSIP
01165910
Employees
26,043
Year Founded
1932

Price Target and Rating

Average Stock Price Target
$55.93
High Stock Price Target
$70.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+30.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$235 million
Pretax Margin
3.10%

Debt

Sales & Book Value

Annual Sales
$10.43 billion
Cash Flow
$8.70 per share
Book Value
$32.12 per share

Miscellaneous

Free Float
125,192,000
Market Cap
$5.42 billion
Optionable
Optionable
Beta
1.62

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ALK Stock Analysis - Frequently Asked Questions

Should I buy or sell Alaska Air Group stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alaska Air Group in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ALK shares.
View ALK analyst ratings
or view top-rated stocks.

What is Alaska Air Group's stock price target for 2024?

9 brokers have issued 12 month target prices for Alaska Air Group's stock. Their ALK share price targets range from $40.00 to $70.00. On average, they anticipate the company's share price to reach $55.93 in the next twelve months. This suggests a possible upside of 30.2% from the stock's current price.
View analysts price targets for ALK
or view top-rated stocks among Wall Street analysts.

How have ALK shares performed in 2024?

Alaska Air Group's stock was trading at $39.07 at the start of the year. Since then, ALK shares have increased by 10.0% and is now trading at $42.97.
View the best growth stocks for 2024 here
.

Are investors shorting Alaska Air Group?

Alaska Air Group saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 4,570,000 shares, an increase of 38.9% from the February 29th total of 3,290,000 shares. Based on an average trading volume of 2,430,000 shares, the days-to-cover ratio is presently 1.9 days.
View Alaska Air Group's Short Interest
.

When is Alaska Air Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 18th 2024.
View our ALK earnings forecast
.

How were Alaska Air Group's earnings last quarter?

Alaska Air Group, Inc. (NYSE:ALK) released its quarterly earnings data on Thursday, January, 25th. The transportation company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.12. The transportation company earned $2.55 billion during the quarter, compared to analysts' expectations of $2.53 billion. Alaska Air Group had a trailing twelve-month return on equity of 14.72% and a net margin of 2.25%. The business's revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.92 earnings per share.
Read the conference call transcript
.

When did Alaska Air Group's stock split?

Alaska Air Group shares split on Thursday, July 10th 2014. The 2-1 split was announced on Thursday, June 12th 2014. The newly minted shares were issued to shareholders after the closing bell on Wednesday, July 9th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What guidance has Alaska Air Group issued on next quarter's earnings?

Alaska Air Group issued an update on its first quarter 2024 earnings guidance on Tuesday, March, 12th. The company provided EPS guidance of -0.550--0.450 for the period, compared to the consensus estimate of -1.180. The company issued revenue guidance of -.

What is Bradley D. Tilden's approval rating as Alaska Air Group's CEO?

391 employees have rated Alaska Air Group Chief Executive Officer Bradley D. Tilden on Glassdoor.com. Bradley D. Tilden has an approval rating of 85% among the company's employees.

What other stocks do shareholders of Alaska Air Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Alaska Air Group investors own include Delta Air Lines (DAL), Southwest Airlines (LUV), NVIDIA (NVDA), Walt Disney (DIS), Bank of America (BAC), Boeing (BA), Gilead Sciences (GILD), CVS Health (CVS), Intel (INTC) and Netflix (NFLX).

Who are Alaska Air Group's major shareholders?

Alaska Air Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.07%), Vanguard Group Inc. (10.90%), Victory Capital Management Inc. (5.81%), Dimensional Fund Advisors LP (4.25%), Primecap Management Co. CA (3.02%) and Boston Partners (2.98%). Insiders that own company stock include Andrea L Schneider, Andrea L Schneider, Andrew R Harrison, Benito Minicucci, Bradley D Tilden, J Kenneth Thompson, Jessie J Knight Jr and Shane R Tackett.
View institutional ownership trends
.

How do I buy shares of Alaska Air Group?

Shares of ALK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Alaska Air Group have any subsidiaries?
The following companies are subsidiares of Alaska Air Group: AAG Leasing Inc., AAG Real Property LLC., ASA Assurance Inc., ASA Beverages LLC., Alaska Airlines Inc., Horizon Air Industries Inc., McGee Air Services Inc., and Virgin America.
Read More
This page (NYSE:ALK) was last updated on 3/29/2024 by MarketBeat.com Staff

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