Market Watch Highlights: Alaska Air Group Inc (ALK) Ends on an Downturn Note at 72.54

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As of close of business last night, Alaska Air Group Inc’s stock clocked out at $72.54, down -1.68% from its previous closing price of $73.78. In other words, the price has decreased by -$1.68 from its previous closing price. On the day, 3.27 million shares were traded.

Ratios:

To gain a deeper understanding of ALK’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 50.32. 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 10 ’25 when TACKETT SHANE R sold 22,893 shares for $75.74 per share. The transaction valued at 1,733,971 led to the insider holds 31,873 shares of the business.

TACKETT SHANE R bought 22,893 shares of ALK for $1,733,971 on Feb 10 ’25. On Jan 30 ’25, another insider, SCHNEIDER ANDREA L, who serves as the SVP PEOPLE of the company, sold 1,830 shares for $73.32 each. As a result, the insider received 134,178 and left with 20,286 shares of the company.

Valuation Measures:

As of this moment, Alaska’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.77, and their Forward P/E ratio for the next fiscal year is 9.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 2.04.

Stock Price History:

Over the past 52 weeks, ALK has reached a high of $76.45, while it has fallen to a 52-week low of $32.62. The 50-Day Moving Average of the stock is 9.06%, while the 200-Day Moving Average is calculated to be 50.52%.

Shares Statistics:

A total of 126.94M shares are outstanding, with a floating share count of 126.46M. Insiders hold about 0.38% of the company’s shares, while institutions hold 84.27% stake in the company.

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