Alaska Air Group Inc (NYSE: ALK) is 0.85% higher on its value in year-to-date trading and has touched a low of $32.62 and a high of $78.08 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ALK stock was last observed hovering at around $69.90 in the last trading session, with the day’s loss setting it -4.6%.
Currently trading at $65.30, the stock is -10.71% and -6.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.02 million and changing -6.58% at the moment leaves the stock 30.79% off its SMA200. ALK registered 74.65% gain for a year compared to 6-month gain of 82.40%.
The stock witnessed a -10.85% loss in the last 1 month and extending the period to 3 months gives it a 23.96%, and is -8.54% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.66% over the week and 4.22% over the month.
Alaska Air Group Inc (ALK) has around 33941 employees, a market worth around $8.04B and $11.73B in sales. Current P/E ratio is 21.39 and Fwd P/E is 8.26. Profit margin for the company is 3.37%. Distance from 52-week low is 100.18% and -16.37% from its 52-week high. The company has generated returns on investments over the last 12 months (3.91%).
with sales reaching $3.22B over the same period.The EPS is expected to grow by 25.51% this year, but quarterly earnings will post 26.66% year-over-year. Quarterly sales are estimated to grow 44.23% in year-over-year returns.
Alaska Air Group Inc (ALK) Top Institutional Holders
The shares outstanding are 123.12M, and float is at 122.49M with Short Float at 5.06%.
The top institutional shareholder in the company is BLACKROCK INC. with over 16.24 million shares valued at $655.94 million. The investor’s holdings represent 12.8889% of the ALK Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 13.69 million shares valued at $$553.25 million to account for 10.871 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 6.5 million shares representing 5.1486% and valued at over $262.79 million, while STATE STREET CORP holds 3.1468 of the shares totaling 3.98 million with a market value of $160.62 million.
Alaska Air Group Inc (ALK) Insider Activity
A total of 0 insider transactions have happened at Alaska Air Group Inc (ALK) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by HARRISON ANDREW R,the company’sEVP AND CCO. SEC filings show that HARRISON ANDREW R sold 6,600 shares of the company’s common stock on Feb 20 ’25 at a price of $76.28 per share for a total of $0.5 million. Following the sale, the insider now owns 34030.0 shares.
Still, SEC filings show that on Feb 18 ’25, VON MUEHLEN CONSTANCE E (EVP AND COO) disposed off 22,157 shares at an average price of $75.12 for $1.66 million. The insider now directly holds 20,026 shares of Alaska Air Group Inc (ALK).
Alaska Air Group Inc (ALK): Who are the competitors?
The company’s main competitors (and peers) include Southwest Airlines Co. (LUV) that is trading -14.79% down over the past 12 months. Delta Air Lines Inc. (DAL) that is 30.15% higher over the same period.
