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In the latest session, Alaska Air Group Inc (NYSE: ALK) closed at $64.75 down -0.18% from its previous closing price of $64.87. In other words, the price has decreased by -$0.18 from its previous closing price. On the day, 1.44 million shares were traded. ALK stock price reached its highest trading level at $65.46 during the session, while it also had its lowest trading level at $64.4291.
Ratios:
For a deeper understanding of Alaska Air Group Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 0.60. In the meantime, Its Debt-to-Equity ratio is 1.37 whereas as Long-Term Debt/Eq ratio is at 1.21.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on December 11, 2024, Reiterated its Buy rating but revised its target price to $78 from $68 previously.
On December 04, 2024, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $50 to $68.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 19 ’24 when SCHNEIDER ANDREA L sold 800 shares for $63.89 per share. The transaction valued at 51,112 led to the insider holds 20,286 shares of the business.
SPRAGUE JOSEPH A sold 2,325 shares of ALK for $149,686 on Dec 18 ’24. The CEO Hawaiian A/L now owns 19,340 shares after completing the transaction at $64.38 per share. On Dec 18 ’24, another insider, HALVERSON EMILY, who serves as the VP Finance, Controller & Treas of the company, sold 1,329 shares for $64.41 each. As a result, the insider received 85,603 and left with 7,150 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALK now has a Market Capitalization of 8219688960 and an Enterprise Value of 11856660480. As of this moment, Alaska’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.04, and their Forward P/E ratio for the next fiscal year is 10.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 1.82. Its current Enterprise Value per Revenue stands at 1.103 whereas that against EBITDA is 9.072.
Stock Price History:
Over the past 52 weeks, ALK has reached a high of $67.73, while it has fallen to a 52-week low of $32.62. The 50-Day Moving Average of the stock is 17.83%, while the 200-Day Moving Average is calculated to be 46.74%.
Shares Statistics:
For the past three months, ALK has traded an average of 2.51M shares per day and 3204020 over the past ten days. A total of 126.94M shares are outstanding, with a floating share count of 126.46M. Insiders hold about 0.39% of the company’s shares, while institutions hold 87.04% stake in the company. Shares short for ALK as of 1734048000 were 9762685 with a Short Ratio of 3.89, compared to 1731628800 on 8908204. Therefore, it implies a Short% of Shares Outstanding of 9762685 and a Short% of Float of 10.24.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.95.
