Alaska Air Group Inc [ALK] stock prices are up 1.67% to $76.60 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ALK shares have gain 5.15% over the last week, with a monthly amount glided 15.47%, 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.
The stock price of Alaska Air Group Inc [ALK] has been fluctuating between $32.62 and $76.45 over the past year. 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 $76.60 at the most recent close of the market. An investor can expect a potential drop of -19.71% based on the average ALK price forecast.
Analyzing the ALK fundamentals
The Alaska Air Group Inc [NYSE:ALK] reported sales of 11.73B for trailing twelve months, representing a surge of 38.43%. Gross Profit Margin for this corporation currently stands at 0.2% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.46.
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 74.87 points at the first support level, and at 73.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 78.20, and for the 2nd resistance point, it is at 79.81.
Ratios To Look Out For
It’s worth pointing out that Alaska Air Group Inc [NYSE:ALK]’s Current Ratio is 0.61. On the other hand, the Quick Ratio is 0.58, and the Cash Ratio is 0.2. Considering the valuation of this stock, the price to sales ratio is 0.80, the price to book ratio is 2.16 and price to earnings (TTM) ratio is 25.10.
Transactions by insiders
Recent insider trading involved VON MUEHLEN CONSTANCE E, EVP AND COO, that happened on Feb 18 ’25 when 22157.0 shares were sold. Officer, VON MUEHLEN CONSTANCE E completed a deal on Feb 18 ’25 to buy 22157.0 shares. Meanwhile, EVP AND CFO TACKETT SHANE R sold 22893.0 shares on Feb 10 ’25.
