Alaska Communications Systems Group, Inc. is a fiber broadband and managed information technology (IT) services provider. The Company is focused primarily on business and wholesale customers in and out of Alaska. The Company also provides telecommunication services to consumers across Alaska. The Company's facilities-based communications network extends across Alaska and connects to the contiguous states through its undersea fiber optic cable systems and its usage rights on an undersea system. It serves customers in various areas, such as Business and Wholesale (broadband, voice and managed IT services); Consumer (broadband and voice services), and Other Services (including carrier termination, equipment sales, access services and support services receiving federal support funding). It provides voice and broadband services to residential customers. It provides voice and broadband origination and termination services to inter and intrastate carriers serving its retail customers.
Industry, Sector and Symbol:
- Sector: Utilities
- Industry: Wired Telecommunications Carriers
- Sub-Industry: N/A
- Symbol: NASDAQ:ALSK
- CUSIP: N/A
- Web: www.alaskacommunications.com
Capitalization:- Market Cap: $115.35 million
- Outstanding Shares: 52,433,000
Average Prices:- 50 Day Moving Avg: $2.22
- 200 Day Moving Avg: $2.14
- 52 Week Range: $1.49 - $2.61
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $229.54 million
- Price / Sales: 0.50
- Book Value: $2.95 per share
- Price / Book: 0.75
Profitability:- EBIDTA: $56.67 million
- Net Margins: -0.65%
- Return on Equity: -0.01%
Debt:- Current Ratio: 1.17%
- Quick Ratio: 1.06%
Misc:- Average Volume: 129,077 shs.
- Beta: -0.11
- Short Ratio: 0.55
Frequently Asked Questions for Alaska Communications Systems Group (NASDAQ:ALSK)
What is Alaska Communications Systems Group's stock symbol?
Alaska Communications Systems Group trades on the NASDAQ under the ticker symbol "ALSK."
How will Alaska Communications Systems Group's stock buyback program work?
Alaska Communications Systems Group declared that its Board of Directors has approved a share buyback plan on Tuesday, April 11th 2017, which allows the company to repurchase $10,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 116% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its shares are undervalued.
How were Alaska Communications Systems Group's earnings last quarter?
Alaska Communications Systems Group, Inc. (NASDAQ:ALSK) issued its quarterly earnings results on Thursday, August, 3rd. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.02 by $0.07. The company earned $58.50 million during the quarter, compared to analyst estimates of $58.72 million. Alaska Communications Systems Group had a negative net margin of 0.65% and a negative return on equity of 0.01%. Alaska Communications Systems Group's quarterly revenue was up 3.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.01 earnings per share. View Alaska Communications Systems Group's Earnings History.
When will Alaska Communications Systems Group make its next earnings announcement?
Where is Alaska Communications Systems Group's stock going? Where will Alaska Communications Systems Group's stock price be in 2017?
1 brokerages have issued twelve-month price targets for Alaska Communications Systems Group's shares. Their forecasts range from $3.00 to $3.00. On average, they anticipate Alaska Communications Systems Group's share price to reach $3.00 in the next twelve months. View Analyst Ratings for Alaska Communications Systems Group.
Who are some of Alaska Communications Systems Group's key competitors?
Some companies that are related to Alaska Communications Systems Group include Delta Natural Gas Company (DGAS), Consolidated Water Co. (CWCO), Global Water Resources (GWRS), Pure Cycle Corporation (PCYO), Etrion SA (ETX), Fulcrum Utility Services Ltd (FCRM), OPG Power Ventures Plc. (OPG), US Geothermal (HTM), Mytrah Energy Ltd (MYT), Polar Power (POLA), Wentworth Resources Ltd (WRL), Good Energy Group Plc (GOOD), Premier Holdings Corp (PRHL), A2A SpA (A2A), AGL Energy Ltd (AGL), APA Group (APA), Apr Energy PLC (APR) and AusNet Services (AST).
Who are Alaska Communications Systems Group's key executives?
Alaska Communications Systems Group's management team includes the folowing people:
- Edward J. Hayes Jr., Independent Chairman of the Board
- Anand Vadapalli, President, Chief Executive Officer, Director
- Laurie M Butcher, Primary financial and Accounting officer
- Leonard A. Steinberg, Senior Vice President - Legal, Regulatory and Government Affairs, Corporate Secretary, Chief Ethics Officer
- William H. Bishop, Senior Vice President - Business Services
- Randy M. Ritter, Senior Vice President - Shared Services
- Carol G. Mills, Director
- Margaret L. Brown, Independent Director
- David W. Karp, Independent Director
- Peter D. Ley, Independent Director
Who owns Alaska Communications Systems Group stock?
Alaska Communications Systems Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Aegis Financial Corp (7.61%), Vanguard Group Inc. (4.43%), Acadian Asset Management LLC (2.29%), Franklin Resources Inc. (2.21%), Dimensional Fund Advisors LP (1.80%) and Kennedy Capital Management Inc. (1.23%). Company insiders that own Alaska Communications Systems Group stock include Leonard Steinberg and Michael R Todd. View Institutional Ownership Trends for Alaska Communications Systems Group.
Who sold Alaska Communications Systems Group stock? Who is selling Alaska Communications Systems Group stock?
Alaska Communications Systems Group's stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Vanguard Group Inc., Franklin Resources Inc., Aegis Financial Corp, Eidelman Virant Capital, Russell Investments Group Ltd. and Bank of New York Mellon Corp. Company insiders that have sold Alaska Communications Systems Group stock in the last year include Leonard Steinberg and Michael R Todd. View Insider Buying and Selling for Alaska Communications Systems Group.
Who bought Alaska Communications Systems Group stock? Who is buying Alaska Communications Systems Group stock?
Alaska Communications Systems Group's stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Kennedy Capital Management Inc., Municipal Employees Retirement System of Michigan, Goldman Sachs Group Inc. and Northern Trust Corp. View Insider Buying and Selling for Alaska Communications Systems Group.
How do I buy Alaska Communications Systems Group stock?
Shares of Alaska Communications Systems Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Alaska Communications Systems Group's stock price today?
One share of Alaska Communications Systems Group stock can currently be purchased for approximately $2.20.
MarketBeat Community Rating for Alaska Communications Systems Group (NASDAQ ALSK)MarketBeat's community ratings are surveys of what our community members think about Alaska Communications Systems Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Alaska Communications Systems Group (NASDAQ:ALSK) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Buy Rating |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $3.00 (36.36% upside) |
Analysts' Ratings History for Alaska Communications Systems Group (NASDAQ:ALSK)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/1/2016 | Drexel Hamilton | Set Price Target | Buy | $3.00 | N/A |  |
| 10/1/2015 | Northland Securities | Reiterated Rating | Outperform | $12.50 | N/A | |
(Data available from 9/25/2015 forward)
Earnings History for Alaska Communications Systems Group (NASDAQ:ALSK)Earnings History by Quarter for Alaska Communications Systems Group (NASDAQ ALSK)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/31/2017 | | $0.03 | | | | | N/A | |
| 8/3/2017 | Q2 2017 | $0.02 | ($0.05) | $58.72 million | $58.50 million | View | Listen | |
| 5/4/2017 | Q1 2017 | $0.01 | $0.02 | $57.02 million | $56.73 million | View | Listen | |
| 3/14/2017 | Q4 2016 | | $0.03 | $57.00 million | $57.79 million | View | N/A | |
| 11/2/2016 | Q316 | | $0.01 | $56.73 million | $56.48 million | View | N/A | |
| 8/4/2016 | Q216 | $0.01 | $0.01 | $55.67 million | $56.26 million | View | N/A | |
| 3/3/2016 | Q415 | ($0.01) | $0.01 | $55.32 million | $56.60 million | View | N/A | |
| 11/5/2015 | Q315 | ($0.04) | $0.02 | $54.79 million | $54.70 million | View | Listen | |
| 8/10/2015 | Q215 | ($0.06) | ($0.10) | $54.46 million | $55.70 million | View | Listen | |
| 5/7/2015 | Q115 | ($0.08) | $0.32 | $52.67 million | $65.80 million | View | N/A | |
| 11/5/2014 | Q214 | $0.01 | $0.04 | $77.00 million | $78.47 million | View | N/A | |
| 5/8/2014 | Q114 | $0.05 | ($0.01) | $75.45 million | $78.33 million | View | N/A | |
| 3/6/2014 | Q413 | $0.02 | ($0.16) | $73.06 million | $74.50 million | View | N/A | |
| 11/6/2013 | Q313 | $0.05 | $1.33 | $77.94 million | $83.84 million | View | N/A | |
| 8/1/2013 | Q2 2013 | $0.07 | $0.80 | $90.84 million | $97.70 million | View | N/A | |
| 5/2/2013 | Q1 2013 | $0.02 | $0.07 | $88.69 million | $91.06 million | View | N/A | |
| 2/28/2013 | Q4 2012 | $0.07 | $0.18 | $88.70 million | $95.10 million | View | N/A | |
| 11/1/2012 | Q312 | $0.11 | $0.17 | $94.24 million | $96.80 million | View | N/A | |
| 8/6/2012 | | $0.07 | ($0.02) | | | View | N/A | |
| 5/1/2012 | | $0.03 | $0.02 | | | View | N/A | |
| 3/1/2012 | | $0.05 | $0.05 | | | View | N/A | |
| 11/8/2011 | | $0.11 | ($0.02) | | | View | N/A | |
| 7/28/2011 | | $0.08 | ($0.08) | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Alaska Communications Systems Group (NASDAQ:ALSK)No earnings estimates for this company have been tracked by MarketBeat.com
Dividend History for Alaska Communications Systems Group (NASDAQ:ALSK)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Alaska Communications Systems Group (NASDAQ:ALSK)Insider Ownership Percentage: 6.53%
Institutional Ownership Percentage: 41.52%
Insider Trades by Quarter for Alaska Communications Systems Group (NASDAQ:ALSK)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/18/2017 | Michael R Todd | VP | Sell | 2,500 | $2.07 | $5,175.00 | |
| 8/14/2017 | Michael R Todd | VP | Sell | 5,000 | $2.19 | $10,950.00 | |
| 8/7/2017 | Michael R Todd | VP | Sell | 5,000 | $2.37 | $11,850.00 | |
| 7/31/2017 | Michael R Todd | VP | Sell | 5,000 | $2.24 | $11,200.00 | |
| 7/24/2017 | Michael R Todd | VP | Sell | 5,000 | $2.38 | $11,900.00 | |
| 7/17/2017 | Michael R Todd | VP | Sell | 5,000 | $2.15 | $10,750.00 | |
| 7/10/2017 | Michael R Todd | VP | Sell | 2,500 | $2.14 | $5,350.00 | |
| 5/17/2017 | Leonard Steinberg | SVP | Sell | 3,023 | $2.08 | $6,287.84 | |
| 5/11/2017 | Leonard Steinberg | SVP | Sell | 2,824 | $2.21 | $6,241.04 | |
| 4/20/2017 | Leonard Steinberg | SVP | Sell | 2,000 | $2.34 | $4,680.00 | |
| 4/6/2017 | Leonard Steinberg | SVP | Sell | 2,000 | $1.86 | $3,720.00 | |
| 3/23/2017 | Leonard Steinberg | SVP | Sell | 2,000 | $1.88 | $3,760.00 | |
| 3/9/2017 | Leonard Steinberg | SVP | Sell | 2,000 | $1.61 | $3,220.00 | |
| 2/23/2017 | Leonard Steinberg | SVP | Sell | 1,453 | $1.65 | $2,397.45 | |
| 2/9/2017 | Leonard Steinberg | SVP | Sell | 2,000 | $1.65 | $3,300.00 | |
| 1/26/2017 | Leonard Steinberg | SVP | Sell | 2,000 | $1.66 | $3,320.00 | |
| 1/12/2017 | Leonard Steinberg | SVP | Sell | 2,000 | $1.72 | $3,440.00 | |
| 3/4/2016 | Michael R Todd | VP | Sell | 6,871 | $1.80 | $12,367.80 | |
| 3/8/2013 | David W Karp | Director | Buy | 1,000 | $1.63 | $1,630.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Alaska Communications Systems Group (NASDAQ:ALSK)
Latest Headlines for Alaska Communications Systems Group (NASDAQ:ALSK)
| Source: |
|
| Date | Headline |
|---|
 | Alaska Communications Systems Group, Inc. (ALSK) Given $2.90 Average Price Target by Analysts
www.americanbankingnews.com - September 22 at 10:34 PM |
 | Alaska Communications to Present at the Deutsche Bank 25th Annual Leveraged Finance Conference October 3rd
finance.yahoo.com - September 22 at 2:43 PM |
| Alaska Communications Systems Group (ALSK) versus NTELOS Holdings Corp (NTLS) Head to Head Comparison
www.americanbankingnews.com - September 9 at 8:32 AM |
 | Form 8-K ALASKA COMMUNICATIONS For: Sep 06
www.streetinsider.com - September 7 at 3:41 PM |
 | Alaska Communications Systems (ALSK) Presents At Drexel Hamilton Telecom, Media & Technology Conference - Slideshow
seekingalpha.com - September 7 at 3:41 PM |
| Alaska Communications Systems Group, Inc. (ALSK) Receives Consensus Rating of "Strong Buy" from Brokerages
www.americanbankingnews.com - September 6 at 10:49 AM |
| Alaska Communications Systems Group (ALSK) versus NTELOS Holdings Corp (NTLS) Critical Contrast
www.americanbankingnews.com - August 31 at 4:24 PM |
| Alaska Communications to Present at the Drexel Hamilton Telecom, Media and Technology Conference Sept. 6
finance.yahoo.com - August 25 at 5:21 PM |
| Alaska Communications Systems Group (ALSK) vs. NTELOS Holdings Corp (NTLS) Critical Analysis
www.americanbankingnews.com - August 25 at 2:10 PM |
| Zacks: Alaska Communications Systems Group Inc (ALSK) Receives Average Rating of "Strong Buy" from Brokerages
www.americanbankingnews.com - August 23 at 12:10 AM |
| Analysts Set $2.90 Target Price for Alaska Communications Systems Group, Inc. (ALSK)
www.americanbankingnews.com - August 18 at 2:18 AM |
| Insider Selling: Alaska Communications Systems Group, Inc. (ALSK) VP Sells 5,000 Shares of Stock
www.americanbankingnews.com - August 15 at 8:44 PM |
| Contrasting Alaska Communications Systems Group (ALSK) & NTELOS Holdings Corp (NTLS)
www.americanbankingnews.com - August 15 at 2:10 PM |
| Alaska Communications Systems Group, Inc. :ALSK-US: Earnings Analysis: Q2, 2017 By the Numbers : August 8, 2017
finance.yahoo.com - August 8 at 3:22 PM |
| Edited Transcript of ALSK earnings conference call or presentation 3-Aug-17 7:00pm GMT
finance.yahoo.com - August 4 at 9:09 PM |
| ETFs with exposure to Alaska Communications Systems Group, Inc. : August 3, 2017
finance.yahoo.com - August 3 at 9:47 PM |
| Alaska Communications Systems Group, Inc. 2017 Q2 - Results - Earnings Call Slides
seekingalpha.com - August 3 at 4:45 PM |
| Alaska Communications reports 2Q loss
finance.yahoo.com - August 3 at 4:45 PM |
| Alaska Communications Systems Group, Inc. (ALSK) Posts Earnings Results, Misses Expectations By $0.07 EPS
www.americanbankingnews.com - August 3 at 3:38 PM |
| Comparing Fusion Telecommunications International (FSNN) and Alaska Communications Systems Group (ALSK)
www.americanbankingnews.com - August 3 at 10:16 AM |
| Insider Selling: Alaska Communications Systems Group, Inc. (NASDAQ:ALSK) VP Sells 5,000 Shares of Stock
www.americanbankingnews.com - August 1 at 10:34 PM |
| Alaska Communications Systems (ALSK) Names Shawn O'Donnell to Board
www.streetinsider.com - August 1 at 9:48 PM |
| Alaska Communications Appoints Shawn O’Donnell to Its Board of Directors
finance.yahoo.com - August 1 at 4:45 PM |
| Alaska Communications Systems Group, Inc. (ALSK) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - July 26 at 7:12 AM |
| Alaska Communications Systems Group, Inc. (ALSK) VP Michael R. Todd Sells 5,000 Shares
www.americanbankingnews.com - July 25 at 7:50 PM |
| Alaska Communications Systems Group, Inc. (ALSK) VP Sells $10,750.00 in Stock
www.americanbankingnews.com - July 18 at 7:53 PM |
| Alaska Communications Systems Group, Inc. (NASDAQ:ALSK) Receives Consensus Recommendation of "Strong Buy" from Analysts
www.americanbankingnews.com - July 18 at 2:38 PM |
| Alaska Communications to Announce Q2 2017 Financial Results August 3
finance.yahoo.com - July 17 at 4:04 PM |
| Zacks: Alaska Communications Systems Group, Inc. (NASDAQ:ALSK) Receives Consensus Recommendation of "Strong Buy" from Brokerages
www.americanbankingnews.com - July 3 at 4:42 PM |
| Head to Head Comparison: Alaska Communications Systems Group (ALSK) & Shenandoah Telecommunications (SHEN)
www.americanbankingnews.com - June 24 at 4:40 PM |
| Zacks: Alaska Communications Systems Group, Inc. (ALSK) Receives Consensus Rating of "Strong Buy" from Brokerages
www.americanbankingnews.com - June 16 at 11:36 AM |
| Alaska Communications Systems Group (ALSK) and AT&T (T) Critical Contrast
www.americanbankingnews.com - June 10 at 12:30 AM |
| Alaska Communications Withdraws Proposal to Amend Its Incentive Award Plan
finance.yahoo.com - June 1 at 8:43 PM |
| Alaska Communications Systems Group Inc (ALSK) Given $2.90 Consensus Price Target by Analysts
www.americanbankingnews.com - June 1 at 8:36 AM |
| Alaska Communications Signs Memorandum of Understanding with OneWeb to Become the First Reseller in Alaska
finance.yahoo.com - May 25 at 3:52 PM |
| Alaska Communications Systems Group Inc (ALSK) Stock Rating Lowered by TheStreet
www.americanbankingnews.com - May 25 at 2:42 PM |
| Zacks: Alaska Communications Systems Group Inc (ALSK) Given $2.90 Average Target Price by Analysts
www.americanbankingnews.com - May 17 at 12:46 PM |
| ETFs with exposure to Alaska Communications Systems Group, Inc. : May 11, 2017
finance.yahoo.com - May 11 at 8:46 PM |
| Alaska Communications Recognized for Microsoft Cloud Expertise
finance.yahoo.com - May 11 at 8:46 PM |
| Alaska Communications Systems Group, Inc. :ALSK-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017
finance.yahoo.com - May 10 at 3:39 PM |
| Edited Transcript of ALSK earnings conference call or presentation 4-May-17 7:00pm GMT
finance.yahoo.com - May 7 at 8:33 PM |
| Alaska Communications Systems Group Inc (ALSK) Lifted to C at TheStreet
www.americanbankingnews.com - May 7 at 12:28 AM |
| Alaska Communications Systems Group's (ALSK) CEO Anand Vadapalli On Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 5 at 1:34 AM |
| Alaska Communications Systems Group Inc (ALSK) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 4 at 4:58 PM |
| Alaska Communications Reports First Quarter 2017 Results
finance.yahoo.com - May 4 at 3:31 PM |
| Alaska Communications reports 1Q loss
finance.yahoo.com - May 4 at 3:31 PM |
| Investor Network: Alaska Communications Systems Group, Inc. to Host Earnings Call
finance.yahoo.com - May 4 at 3:31 PM |
| Zacks: Alaska Communications Systems Group Inc (ALSK) Given Average Recommendation of "Strong Buy" by Brokerages
www.americanbankingnews.com - May 2 at 9:30 AM |
| Alaska Communications Systems Group (ALSK) Getting Very Favorable Media Coverage, Report Shows
www.americanbankingnews.com - May 2 at 9:24 AM |
| Alaska Communications Systems Group Inc (ALSK) Set to Announce Quarterly Earnings on Thursday
www.americanbankingnews.com - May 2 at 7:34 AM |
Alaska Communications Systems Group (ALSK) Chart for Monday, September, 25, 2017
