Alaska Air Group, Inc. (ALK)
| Market Cap | 4.74B |
| Revenue (ttm) | 10.34B |
| Net Income (ttm) | 160.00M |
| Shares Out | 127.22M |
| EPS (ttm) | 1.23 |
| PE Ratio | 30.49 |
| Forward PE | 6.11 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 164,070 |
| Open | 37.25 |
| Previous Close | 37.50 |
| Day's Range | 37.02 - 37.47 |
| 52-Week Range | 37.04 - 57.18 |
| Beta | 1.55 |
| Analysts | Strong Buy |
| Price Target | 65.81 (+76.48%) |
| Earnings Date | Oct 19, 2023 |
About ALK
Alaska Air Group, Inc., through its subsidiaries, operated airlines. The company operates through three segments: Mainline, Regional, and Horizon. The company offers scheduled air transportation services on Boeing and Airbus jet aircraft for passengers and cargo throughout the United States, and in parts of Mexico, Costa Rica, and Belize; and for passengers across a shorter distance network within the United States and Canada. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington. [Read more]
Financial Performance
In 2022, ALK's revenue was $9.65 billion, an increase of 56.19% compared to the previous year's $6.18 billion. Earnings were $58.00 million, a decrease of -87.87%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for ALK stock is "Strong Buy." The 12-month stock price forecast is $65.81, which is an increase of 76.48% from the latest price.
News
Top 4 Industrials Stocks That Could Blast Off This Quarter - Alaska Air Gr (NYSE:ALK), Asure Software (NASDAQ:ASUR)
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
Flight attendants threaten strikes over low pay and unpaid work
Alaska Airlines, American and United could all be disrupted as air crew demand fairer share of vast profits
Airline market turbulence may provide entry point for investors, says JPMorgan's Jamie Baker
Jamie Baker, JPMorgan senior airline analyst, joins 'The Exchange' to discuss turbulence in the airline industry and his expectations for where prices may be headed from here.
Which Is A Better Pick – Alaska Air Or UAL Stock?
Given its attractive valuation, we believe Alaska Air stock (NYSE: ALK) is a better pick than its peer United Airlines stock (NASDAQ: UAL).
Southwest, American Descend as Delta, United in Holding Pattern
Leisure travel is replacing still-sluggish business travel, and big investors like Warren Buffett's Berkshire Hathaway Inc. NYSE: BRK.B are jumping on board, but airline industry stocks, as a group, h...
Alaska Air Group to webcast from the Morgan Stanley 11th Annual Laguna Conference
SEATTLE , Sept. 8, 2023 /PRNewswire/ -- Alaska Air Group Inc., the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., today announced it will webcast a fireside chat with CFO Shan...
Top 5 Industrials Stocks That Could Lead To Your Biggest Gains In September - Alaska Air Gr (NYSE:ALK), American Airlines Group (NASDAQ:AAL)
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
Stocks trending for September 6, 2023: AMC, United, Alaska, Southwest airlines, Overstock
Yahoo Finance anchors Seana Smith and Akiko Fujita break down the trending tickers for September 6,2023 including AMC stock selling off after announcing plans to sell off 40 million shares, United, So...
Airlines Warn About Impact of Higher Jet Fuel Costs
Three US carriers warned about an unexpected surge this quarter in the price of jet fuel, one of the industry's highest expenses, adding to lingering concerns about demand in domestic markets, lower f...
Southwest, United, Alaska Air warn of higher jet fuel prices
Southwest (LUV), United (UAL), and Alaska Air (ALK) all raised jet fuel cost guidance, warning of higher prices to come. Yahoo Finance Live's Brad Smith and Julie Hyman break down the report and the o...
Alaska Air revises Q3 guidance to reflect spike in fuel costs in recent weeks
Alaska Air Group Inc. ALK revised its third-quarter guidance on Wednesday, after a considerable increase in fuel costs in recent weeks. In a regulatory filing, the airline said it's now expecting thir...
Alaska Airlines appoints new regional vice president for Hawai'i
HONOLULU , Aug. 30, 2023 /PRNewswire/ -- Alaska Airlines has promoted Daniel Chun to regional vice president – Hawai'i, in a move that underscores the airline's enduring commitment to the Aloha State....
Alaska Airlines announces next step of biometric strategy with passport verification before international travel
New partnership allows guests to verify passports at home, instead of at the airport SEATTLE , Aug. 29, 2023 /PRNewswire/ -- Alaska Airlines is helping you skip even more airport lines. With a couple ...
Alaska Air delays some Hawaii flights due to Maui wildfires
Alaska Air Group said on Thursday it was delaying some flights to Hawaii because of wildfires in the region.
Airlines say domestic fares are sliding and threatening to chill record revenue growth
Southwest, Alaska and American have forecast weaker fare growth
Despite travel demand Alaska Airlines is seeing a loss in pricing power: Alaska CEO Ben Minicucci
CNBC's Phil LeBeau with Ben Minicucci, CEO of Alaska Air, join 'The Exchange' to discuss a surge in international travel, Alaska Air's guidance leading to a slump in share prices, and how climatic ext...
Markets Rally at Midday on Earnings Enthusiasm
The U.S. equities rally continued at midday on Tuesday, July 25, 2023, after more positive earnings news.
Airlines shares hit turbulence on Alaska's dour forecast, RTX engine problem
U.S. airlines stocks tumbled on Tuesday as investors were spooked by downbeat forecasts from Alaska Air Group and a warning on jet engines by aerospace giant RTX.
Alaska Air Posts Record Quarterly Revenue. Why Airline Stocks Are Tumbling.
It's been a red hot summer for travel and for airline stocks. But the inevitable turbulence has arrived in the slightly surprising form of Alaska Air's earnings.
Alaska Air Group reports second quarter 2023 results
Delivered industry-leading adjusted pre-tax margins of 18.3% on record quarterly revenue Adjusted pre-tax margin exceeds 2019 second quarter results despite higher fuel costs Achieved industry's best ...
What's In The Cards For Alaska Air's Q2?
Earnings will likely come in at about $2.60 on a per-share and adjusted basis, slightly below the $2.68 consensus estimate.
Hola, Guatemala! Alaska Airlines, LAX's largest carrier to Latin America, expands to a new destination, Guatemala City
We'll fly nonstop daily between Los Angeles and Guatemala City starting this December; plus, new flights to coastal getaway Ixtapa-Zihuatanejo from San Diego and Chicago SEATTLE , July 13, 2023 /PRNe...
Alaska Air Group announces webcast of second-quarter 2023 financial results
SEATTLE , July 10, 2023 /PRNewswire/ -- Alaska Air Group Inc., the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., will hold its quarterly conference call to discuss 2023 secon...
Should You Buy Or Avoid Alaska Air Stock At $52?
Airlines stocks, in general, have fared well this year, with inflation easing and the Federal Reserve moderating the pace of its interest rate hikes.
Travelers suffer through another day of cancellations. It may get worse as July 4 approaches.
Hundreds of thousands of summer travelers suffered through another day of delayed and canceled flights Wednesday, a troubling glimpse into what could happen over the long July 4 holiday weekend as air...