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In the latest session, Alaska Air Group Inc. (NYSE: ALK) closed at $38.33 down -4.86% from its previous closing price of $40.29. In other words, the price has decreased by -$4.86 from its previous closing price. On the day, 2.39 million shares were traded. ALK stock price reached its highest trading level at $39.78 during the session, while it also had its lowest trading level at $38.3.
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 0.63 and its Current Ratio is at 0.65. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.85.
On April 19, 2024, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $49 to $58.
TD Cowen reiterated its Buy rating for the stock on April 05, 2024, while the target price for the stock was revised from $41 to $49.
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 Feb 28 ’24 when HARRISON ANDREW R sold 6,500 shares for $38.36 per share. The transaction valued at 249,348 led to the insider holds 26,048 shares of the business.
MINICUCCI BENITO bought 56 shares of ALK for $2,031 on Dec 07 ’23. The CEO AND PRESIDENT now owns 119,942 shares after completing the transaction at $36.27 per share.
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 4863770624 and an Enterprise Value of 6406764032. As of this moment, Alaska’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.45, and their Forward P/E ratio for the next fiscal year is 6.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 1.21. Its current Enterprise Value per Revenue stands at 0.612 whereas that against EBITDA is 5.113.
Stock Price History:
Over the past 52 weeks, ALK has reached a high of $57.18, while it has fallen to a 52-week low of $30.75. The 50-Day Moving Average of the stock is -9.22%, while the 200-Day Moving Average is calculated to be -0.42%.
Shares Statistics:
For the past three months, ALK has traded an average of 1.87M shares per day and 1690180 over the past ten days. A total of 126.89M shares are outstanding, with a floating share count of 126.35M. Insiders hold about 0.43% of the company’s shares, while institutions hold 83.44% stake in the company. Shares short for ALK as of 1718323200 were 8610852 with a Short Ratio of 4.61, compared to 1715731200 on 6311534. Therefore, it implies a Short% of Shares Outstanding of 8610852 and a Short% of Float of 9.0299994.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.95.
