Alaska Air Group Inc (NYSE: ALK) is -20.11% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ALK stock was last observed hovering at around $52.50 in the last trading session, with the day’s loss setting it -0.77%.
Currently trading at $51.73, the stock is -0.57% and 6.40% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.04 million and changing -1.47% at the moment leaves the stock -3.57% off its SMA200. ALK registered 24.80% gain for a year compared to 6-month loss of -4.93%. The firm has a 50-day simple moving average (SMA 50) of $48.6162 and a 200-day simple moving average (SMA200) of $53.6467.
The stock witnessed a -1.97% gain in the last 1 month and extending the period to 3 months gives it a -6.74%, and is 1.63% up 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 2.19% over the week and 2.19% over the month.
Alaska Air Group Inc (ALK) has around 33941 employees, a market worth around $6.28B and $12.64B in sales. Current P/E ratio is 18.79 and Fwd P/E is 8.18. Profit margin for the company is 2.86%. Distance from 52-week low is 58.58% and -33.75% from its 52-week high. The company has generated returns on investments over the last 12 months (3.73%).
with sales reaching $3.65B over the same period.The EPS is expected to shrink by -24.59% this year, but quarterly earnings will post 21.09% year-over-year. Quarterly sales are estimated to grow 26.03% in year-over-year returns.
Alaska Air Group Inc (ALK) Top Institutional Holders
682.0 institutions hold shares in Alaska Air Group Inc (ALK), with institutional investors hold 93.61% of the company’s shares. The shares outstanding are 122.88M, and float is at 120.75M with Short Float at 5.74%. Institutions hold 93.08% of the Float.
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 12.8514% 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 10.8395 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
The most recent transaction is an insider sale by HALVERSON EMILY, the company’s VP Finance, Controller & Treas. SEC filings show that HALVERSON EMILY sold 2,946 shares of the company’s common stock on Jun 05 ’25 at a price of $51.34 per share for a total of $0.15 million. Following the sale, the insider now owns 8253.0 shares.
Still, SEC filings show that on May 19 ’25, HARRISON ANDREW R (EVP AND CCO) disposed off 7,500 shares at an average price of $53.51 for $0.4 million. The insider now directly holds 26,530 shares of Alaska Air Group Inc (ALK).
