Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Alaska Air (ALK)
NYSE:ALK
Holding ALK?
Track your performance easily
ALK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$30.75 - $46.87
Previous Close$44.94
Volume218.89K
Average Volume (3M)2.42M
Market Cap
$5.66B
Enterprise Value$5.67B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)26.0
Beta0.95
Next Earnings
Jan 23, 2025EPS EstimateN/A
Last Dividend Ex-Date
Feb 14, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)1.73
Shares Outstanding126,159,173
10 Day Avg. Volume2,272,866
30 Day Avg. Volume2,416,085
Standard Deviation0.13
R-Squared0.42
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.00
Price to Sales (P/S)0.54
Price to Cash Flow (P/CF)2.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.52
Enterprise Value/Gross Profit0.75
Enterprise Value/Ebitda5.61
Forecast
1Y Price Target
$53.86Price Target Upside17.21% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Alaska Air News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceGiven the significant improvement in the 3Q24 outlook and the more favorable fuel environment, it is likely that Alaska can generate FY24 earnings above $4.50, which was the top of the FY guidance range provided in July.
Market PositionRecent capacity adjustments from competitors in Hawaii and on the West coast position ALK’s combined network well as the integration of the airlines begins.
Mergers And AcquisitionsAnalysts are bullish on long-term synergies from Alaska's acquisition of Hawaiian Holdings.
Bears Say
EarningsThe acquisition is expected to be approximately 30% dilutive to FY25 adjusted EPS.
Financial PerformanceEstimate for 4Q24 adjusted EPS is lowered significantly, reflecting challenges in the short term.
Leverage And DebtThe relatively clean ALK story could be an overhang on the stock for the next few years until the leverage is back down to normalized levels.
---
Ownership Overview
0.41% Insiders
30.18% Mutual Funds
0.90% Other Institutional Investors
42.26% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Alaska Air
Desktop Users
Mobile Users
ALK FAQ
What was Alaska Air’s price range in the past 12 months?
Alaska Air lowest stock price was $30.75 and its highest was $46.87 in the past 12 months.
What is Alaska Air’s market cap?
Currently, no data Available
When is Alaska Air’s upcoming earnings report date?
Alaska Air’s upcoming earnings report date is Jan 23, 2025 which is in 93 days.
How were Alaska Air’s earnings last quarter?
Currently, no data Available
Is Alaska Air overvalued?
According to Wall Street analysts Alaska Air’s price is currently Undervalued.
Does Alaska Air pay dividends?
Alaska Air pays a Quarterly dividend of $0.38 which represents an annual dividend yield of N/A. See more information on Alaska Air dividends here
What is Alaska Air’s EPS estimate?
Alaska Air’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Alaska Air have?
Alaska Air has 126,159,170 shares outstanding.
What happened to Alaska Air’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Alaska Air?
Among the largest hedge funds holding Alaska Air’s share is PRIMECAP Management Co. It holds Alaska Air’s shares valued at 156M.
---
Alaska Air Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$53.86 (17.21% Upside)
$53.86 (17.21% Upside)
Blogger Sentiment
Bullish
ALK Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 326.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 0.2%
Last 30 Days ▼ 0.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
43.78%
12-Months-Change
Fundamentals
Return on Equity
5.50%
Trailing 12-Months
Asset Growth
3.46%
Trailing 12-Months
Company Description
Alaska Air
Alaska Air Group, Inc. is a holding company, which through its subsidiaries, Alaska Airlines, Inc. and Horizon Air Industries, Inc., engages in the provision of air transportation services. It operates through three segments: Alaska Mainline, Alaska Regional and Horizon. The Alaska Mainline segment includes flying Boeing 737 jets and all associated revenues and costs. The Alaska Regional segment records actual on-board passenger revenue, less costs such as fuel, distribution costs, and payments made to Horizon, SkyWest and PenAir under the respective Capacity Purchase Agreements. The Horizon segment operates turboprop Q400 aircraft. The company was founded in 1985 and is headquartered in Seattle, WA.
---
ALK Earnings Call
Q2 2024
0:00 / 0:00
---
ALK Stock 12 Month Forecast
Average Price Target
$53.86
▲(17.21% Upside)
Technical Analysis
Best Analysts Covering ALK
1 Year
1 Year Success Rate
26/42 ratings generated profit
1 Year Average Return
+11.96%
reiterated a buy rating 20 days ago
Copying Helane Becker's trades and holding each position for 1 Year would result in 61.90% of your transactions generating a profit, with an average return of +11.96% per trade.
---