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Alaska Air Group Inc (NYSE: ALK) closed the day trading at $66.30 up 1.53% from the previous closing price of $65.30. In other words, the price has increased by $1.53 from its previous closing price. On the day, 2.4 million shares were traded.
Ratios:
For a better understanding of ALK, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 44.59. For the most recent quarter (mrq), Quick Ratio is recorded 0.58 and its Current Ratio is at 0.61. In the meantime, Its Debt-to-Equity ratio is 1.46 whereas as Long-Term Debt/Eq ratio is at 1.31.
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 January 24, 2025, Reiterated its Buy rating but revised its target price to $110 from $85 previously.
On January 07, 2025, Susquehanna Upgraded its rating to Positive which previously was Neutral but kept the price unchanged to $95.
TD Cowen reiterated its Buy rating for the stock on December 11, 2024, while the target price for the stock was revised from $68 to $78.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 20 ’25 when HARRISON ANDREW R sold 6,600 shares for $76.28 per share. The transaction valued at 503,448 led to the insider holds 34,030 shares of the business.
HARRISON ANDREW R bought 6,600 shares of ALK for $503,448 on Feb 20 ’25. On Feb 18 ’25, another insider, VON MUEHLEN CONSTANCE E, who serves as the EVP AND COO of the company, sold 22,157 shares for $75.12 each. As a result, the insider received 1,664,434 and left with 20,026 shares of the company.
Valuation Measures:
As of this moment, Alaska’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.72, and their Forward P/E ratio for the next fiscal year is 8.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 1.87.
Stock Price History:
Over the past 52 weeks, ALK has reached a high of $78.08, while it has fallen to a 52-week low of $32.62. The 50-Day Moving Average of the stock is -5.15%, while the 200-Day Moving Average is calculated to be 32.49%.
Shares Statistics:
A total of 123.12M shares are outstanding, with a floating share count of 122.49M. Insiders hold about 0.48% of the company’s shares, while institutions hold 90.98% stake in the company.