At the time of writing, Alaska Air Group Inc [ALK] stock is trading at $66.47, down -2.51%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ALK shares have gain 3.89% over the last week, with a monthly amount glided 8.45%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Alaska Air Group Inc [NYSE: ALK] stock has seen the most recent analyst activity on January 07, 2025, when Susquehanna upgraded its rating to a Positive but kept the price target unchanged to $95 for it. Previously, TD Cowen reaffirmed its Buy rating on December 11, 2024, and elevated its price target to $78. On December 04, 2024, TD Cowen reiterated its Buy rating and revised its price target to $68 on the stock. Melius upgraded its rating to Buy for this stock on October 28, 2024, but kept the price target unchanged to $56. In a note dated October 21, 2024, Barclays initiated an Overweight rating and provided a target price of $55 on this stock.
For the past year, the stock price of Alaska Air Group Inc fluctuated between $32.62 and $69.10. Currently, Wall Street analysts expect the stock to reach $61.5 within the next 12 months. Alaska Air Group Inc [NYSE: ALK] shares were valued at $66.47 at the most recent close of the market. An investor can expect a potential drop of -7.48% based on the average ALK price forecast.
Analyzing the ALK fundamentals
According to Alaska Air Group Inc [NYSE:ALK], the company’s sales were 10.75B for trailing twelve months, which represents an 8.21% jump. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.08 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.09.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 65.38 points at the first support level, and at 64.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 67.52, and for the 2nd resistance point, it is at 68.56.
Ratios To Look Out For
It is important to note that Alaska Air Group Inc [NYSE:ALK] has a current ratio of 0.60. Further, the Quick Ratio stands at 0.57, while the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 0.78, the price to book ratio is 1.87 and price to earnings (TTM) ratio is 26.73.
Transactions by insiders
Recent insider trading involved SCHNEIDER ANDREA L, SVP PEOPLE, that happened on Dec 19 ’24 when 800.0 shares were sold. CEO Hawaiian A/L, SPRAGUE JOSEPH A completed a deal on Dec 18 ’24 to sell 2325.0 shares. Meanwhile, VP Finance, Controller & Treas HALVERSON EMILY sold 1329.0 shares on Dec 18 ’24.
