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Alaska Air (ALK)
NYSE:ALK
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ALK Stock Chart & Stats
Day’s Range― - ―
52-Week Range$32.62 - $69.10
Previous CloseN/A
Volume317.67K
Average Volume (3M)3.15M
Market Cap
$8.56B
Enterprise Value$9.42B
Total Cash (Recent Filing)$1.58B
Total Debt (Recent Filing)$2.65B
Price to Earnings (P/E)26.8
Beta0.71
Next Earnings
Jan 23, 2025EPS Estimate
0.47Last Dividend Ex-Date
Feb 14, 2020Dividend YieldN/A
Share Statistics
EPS (TTM)2.49
Shares Outstanding126,944,560
10 Day Avg. Volume2,648,941
30 Day Avg. Volume3,152,775
Standard Deviation0.13
R-Squared0.38
Alpha-0.00937
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.79
Price to Cash Flow (P/CF)6.70
P/FCF Ratio39.90
Enterprise Value/Market Cap1.10
Enterprise Value/Revenue0.83
Enterprise Value/Gross Profit1.24
Enterprise Value/Ebitda9.26
Forecast
1Y Price Target
$80.58Price Target Upside19.52% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
Alaska Air News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe company's 2025 guidance anticipates 30% EPS accretion, with revenue growth outpacing costs, leading to no margin dilution.
Growth And ExpansionALK announced plans to leverage Hawaiian's infrastructure by starting flights from Seattle to Tokyo and Seoul, creating exciting international route opportunities.
Strategic InitiativesManagement announced a $1 billion repurchase program, signaling strong confidence in the company's future.
Bears Say
Earnings ImpactThe merger is likely to be dilutive to earnings per share through 2025.
Financial PerformanceThe adjusted earnings per share estimate for 4Q24 is lowered significantly.
Operational ChallengesBoeing delivery delays and recent labor strikes have led to a reduction in expected capacity growth for Legacy ALK.
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Ownership Overview
0.37% Insiders
29.03% Mutual Funds
1.19% Other Institutional Investors
43.24% 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 $32.62 and its highest was $69.10 in the past 12 months.
What is Alaska Air’s market cap?
Alaska Air’s market cap is $8.56B.
When is Alaska Air’s upcoming earnings report date?
Alaska Air’s upcoming earnings report date is Jan 23, 2025 which is in 5 days.
How were Alaska Air’s earnings last quarter?
Alaska Air released its earnings results on Oct 31, 2024. The company reported $2.25 earnings per share for the quarter, beating the consensus estimate of $2.218 by $0.032.
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 $0.375 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 0.47.
How many shares outstanding does Alaska Air have?
Alaska Air has 126,944,560 shares outstanding.
What happened to Alaska Air’s price movement after its last earnings report?
Alaska Air reported an EPS of $2.25 in its last earnings report, beating expectations of $2.218. Following the earnings report the stock price went up 1.354%.
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 174M.
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Alaska Air Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$80.58 (19.52% Upside)
$80.58 (19.52% Upside)
Blogger Sentiment
Bullish
ALK Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 90.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.3%
Last 30 Days ▲ 11.9%
Last 30 Days ▲ 11.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
95.87%
12-Months-Change
Fundamentals
Return on Equity
7.19%
Trailing 12-Months
Asset Growth
28.97%
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.
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ALK Earnings Call
Q2 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflects a strong financial performance with record-breaking revenue and profitability, driven by a robust premium segment and operational excellence. However, there are challenges related to moderated growth, increased labor costs, and the impact of fleet grounding affecting revenue and costs.Read More>---
ALK Stock 12 Month Forecast
Average Price Target
$80.58
▲(19.52% Upside)
Technical Analysis
JetBlue Airways
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Best Analysts Covering ALK
1 Year
1 Year Success Rate
11/14 ratings generated profit
1 Year Average Return
+33.94%
reiterated a buy rating last month
Copying Stephen Trent's trades and holding each position for 1 Year would result in 78.57% of your transactions generating a profit, with an average return of +33.94% per trade.
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