A share price of Alaska Air Group Inc [ALK] is currently trading at $73.25, down -1.59%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ALK shares have gain 4.72% over the last week, with a monthly amount glided 12.92%, 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 24, 2025, when TD Cowen reiterated its Buy rating and also boosted its price target to $110 from $85. Previously, Susquehanna upgraded its rating to Positive on January 07, 2025, and kept the price target unchanged to $95. On December 11, 2024, TD Cowen reiterated its Buy rating and revised its price target to $78 on the stock. TD Cowen reiterated its Buy rating and increased its price target to $68 on December 04, 2024. In a note dated October 28, 2024, Melius upgraded an Buy rating on this stock but restated the target price of $56.
Alaska Air Group Inc experienced fluctuations in its stock price throughout the past year between $32.62 and $74.65. 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 $73.25 at the most recent close of the market. An investor can expect a potential drop of -16.04% based on the average ALK price forecast.
Analyzing the ALK fundamentals
Trailing Twelve Months sales for Alaska Air Group Inc [NYSE:ALK] were 11.73B which represents 38.43% growth. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.05%, 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 0.09 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.46.
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 72.55 points at the first support level, and at 71.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 74.33, and for the 2nd resistance point, it is at 75.40.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Alaska Air Group Inc [NYSE:ALK] is 0.61. As well, the Quick Ratio is 0.58, while the Cash Ratio is 0.2. Considering the valuation of this stock, the price to sales ratio is 0.79, the price to book ratio is 2.06 and price to earnings (TTM) ratio is 24.00.
Transactions by insiders
Recent insider trading involved SCHNEIDER ANDREA L, SVP PEOPLE, that happened on Jan 30 ’25 when 1830.0 shares were sold. SVP LEGAL & GEN COUNSEL, LEVINE KYLE B completed a deal on Jan 29 ’25 to sell 4333.0 shares. Meanwhile, EVP AND CCO HARRISON ANDREW R sold 91745.0 shares on Jan 28 ’25.
