Alaska Air (ALK)
NYSE:ALK

Alaska Air (ALK) Stock Price & Analysis

2,027 Followers

ALK Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$37.20 - $53.96
Previous Close$45.1
Volume1.10M
Average Volume (3M)1.74M
Market Cap
$5.77B
Enterprise Value$7.07B
Total Cash (Recent Filing)$2.43B
Total Debt (Recent Filing)$3.73B
Price to Earnings (P/E)98.7
Beta1.08
Jul 20, 2023
Dividend YieldN/A
Share Statistics
EPS (TTM)0.46
Shares Outstanding127,910,957
10 Day Avg. Volume1,299,259
30 Day Avg. Volume1,742,921
Standard Deviation0.12
R-Squared0.45
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)3.42
Price to Sales (P/S)2.91
Price to Cash Flow (P/CF)6.30
P/FCF Ratio6.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.71
Enterprise Value/Gross Profit0.73
Enterprise Value/Ebitda19.21
Forecast
Price Target Upside40.31% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9


Financials

Annual

Risk Analysis

Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services

Product Monthly Users

Number of people who visit Alaska Air websites
Desktop Users
Mobile Users

ALK FAQ

What was Alaska Air’s price range in the past 12 months?
Alaska Air lowest stock price was $37.20 and its highest was $53.96 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 Jul 20, 2023 which is in 53 days.
      How were Alaska Air’s earnings last quarter?
      Alaska Air released its earnings results on Apr 20, 2023. The company reported -$0.62 earnings per share for the quarter, missing the consensus estimate of -$0.481 by -$0.139.
        Is Alaska Air overvalued?
        According to Wall Street analysts Alaska Air’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          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 is $2.51.
              How many shares outstanding does Alaska Air have?
              Alaska Air has 127,910,960 shares outstanding.
                What happened to Alaska Air’s price movement after its last earnings report?
                Alaska Air reported an EPS of -$0.62 in its last earnings report, missing expectations of -$0.481. Following the earnings report the stock price went down -0.206%.
                  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 177M.

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                    Alaska Air Stock Smart Score

                    The Alaska Air stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.
                    Learn more about TipRanks Smart Score

                    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.

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                    Top 5 ETFs holding ALK

                    Name
                    Market Value
                    Smart Score
                    SPDR S&P 500 ETF Trust
                    $61.82M
                    8
                    SPDR S&P 500 ETF Trust CDI
                    $61.82M
                    8
                    iShares Core S&P 500 ETF
                    $50.63M
                    8
                    Industrial Select Sector SPDR Fund
                    $25.20M
                    8
                    iShares Core S&P 500 UCITS ETF
                    $9.36M
                    8
                    Up to five ETFs with an Outperform Smart Score that hold ALK. The ETFs are listed according to market value of ALK within the ETF

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                    Forecast EPS vs Actual EPS


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