Followed 374 Times Top-Rated Stocks NYSE:ALK Alaska Air Group - ALK Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Alaska Air Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $53.47 -0.11 (-0.21%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$52.80▼$53.9650-Day Range$41.30▼$53.5852-Week Range$38.19▼$61.55Volume1.42 million shsAverage Volume1.39 million shsMarket Capitalization$6.78 billionP/E Ratio124.35Dividend YieldN/APrice Target$64.54 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Alaska Air Group MarketRank™ ForecastAnalyst RatingModerate Buy2.85 Rating ScoreUpside/Downside20.7% Upside$64.54 Price TargetShort InterestHealthy2.64% of Shares Sold ShortDividend StrengthN/ASustainability-5.64Upright™ Environmental ScoreNews Sentiment0.36Based on 37 Articles This WeekInsider TradingSelling Shares$81,093 Sold Last QuarterProj. Earnings Growth15.35%From $6.06 to $6.99 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.86 out of 5 starsTransportation Sector7th out of 119 stocksAir Transportation, Scheduled Industry2nd out of 19 stocks 3.4 Analyst's Opinion Consensus RatingAlaska Air Group has received a consensus rating of Buy. The company's average rating score is 2.85, and is based on 11 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $64.54, Alaska Air Group has a forecasted upside of 20.7% from its current price of $53.47.Amount of Analyst CoverageAlaska Air Group has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.64% of the outstanding shares of Alaska Air Group have been sold short.Short Interest Ratio / Days to CoverAlaska Air Group has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Alaska Air Group has recently decreased by 19.08%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldAlaska Air Group does not currently pay a dividend.Dividend GrowthAlaska Air Group does not have a long track record of dividend growth. Previous Next 0.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAlaska Air Group has received a -81.18% net impact score from Upright. The largest negative impact of Alaska Air in category "GHG emissions" seems to be driven mostly by its "Air freight transport services", "Passenger air travel", and "Ramp handling services" products. See details.Environmental SustainabilityThe Environmental Impact score for Alaska Air Group is -5.64. Previous Next 3.0 News and Social Media Coverage News SentimentAlaska Air Group has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 37 news articles for Alaska Air Group this week, compared to 7 articles on an average week.Search Interest24 people have searched for ALK on MarketBeat in the last 30 days. This is an increase of 9% compared to the previous 30 days.MarketBeat Follows374 people have added Alaska Air Group to their MarketBeat watchlist in the last 30 days. This is an increase of 9,250% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Alaska Air Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $81,093.00 in company stock.Percentage Held by InsidersOnly 0.40% of the stock of Alaska Air Group is held by insiders.Percentage Held by Institutions77.04% of the stock of Alaska Air Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Alaska Air Group are expected to grow by 15.35% in the coming year, from $6.06 to $6.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alaska Air Group is 124.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.06.Price to Earnings Ratio vs. SectorThe P/E ratio of Alaska Air Group is 124.35, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 28.26.Price to Earnings Growth RatioAlaska Air Group has a PEG Ratio of 0.45. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioAlaska Air Group has a P/B Ratio of 1.78. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Alaska Air Group (NYSE:ALK) StockAlaska Air Group, Inc. is a holding company, which engages in the provision of air transportation services. It operates through the following segments: Mainline, Regional and Horizon. The Mainline segment includes Alaska's Boeing or Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Canada, Mexico, and Costa Rica. The Regional segment consists of Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPAs). The Horizon segment includes the capacity sold to Alaska under CPA. The company was founded in 1985 and is headquartered in Seattle, WA.Read More Receive ALK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Alaska Air Group and its competitors with MarketBeat's FREE daily newsletter. Email Address ALK Stock News HeadlinesFebruary 2, 2023 | marketbeat.comAnalyzing Alaska Air's Recent EarningsAlaska Air's results showed strength in earnings, revenue growth, and paying down its long-term debt. It's also eying further cost saving measures in the futureJanuary 18, 2023 | marketbeat.comCan Alaska Air Continue Soaring Above The Airline Industry? Alaska Air soared 11% last week on news that the company plans to recruit 3,500 new employees in a variety of roles and functions.February 5, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...January 17, 2023 | marketbeat.comUnited Airlines Soars Ahead of Earnings…Time to Deplane? (ALK)Sentiment around airline stocks has taken a dramatic turn in the new year - and United Airlines is leading the surge so far.February 5, 2023 | americanbankingnews.comSusquehanna Raises Alaska Air Group (NYSE:ALK) Price Target to $59.00February 5, 2023 | americanbankingnews.comStockNews.com Downgrades Alaska Air Group (NYSE:ALK) to HoldFebruary 4, 2023 | americanbankingnews.comAlaska Air Group (NYSE:ALK) Given New $58.50 Price Target at CitigroupFebruary 3, 2023 | finance.yahoo.comSkyWest (SKYW) Q4 Earnings and Revenues Lag EstimatesFebruary 5, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...February 2, 2023 | finance.yahoo.comWhy Alaska Air Group (ALK) is a Top Value Stock for the Long-TermFebruary 2, 2023 | finance.yahoo.comIs Alaska Air Group (ALK) Outperforming Other Transportation Stocks This Year?February 2, 2023 | americanbankingnews.comInsider Selling: Alaska Air Group, Inc. (NYSE:ALK) SVP Sells $81,092.76 in StockFebruary 2, 2023 | americanbankingnews.comMorgan Stanley Raises Alaska Air Group (NYSE:ALK) Price Target to $75.00February 1, 2023 | finance.yahoo.comAlaska Airlines may have to pay pilots for short-term military leaveFebruary 1, 2023 | finance.yahoo.comWall Street Analysts Think Alaska Air (ALK) Could Surge 27.43%: Read This Before Placing a BetFebruary 1, 2023 | finance.yahoo.comFrontier Launches a More Affordable Solution to the All-You-Can-Fly PassFebruary 1, 2023 | americanbankingnews.comAlaska Air Group (NYSE:ALK) Price Target Raised to $75.00 at Morgan StanleyJanuary 31, 2023 | marketwatch.comAlaska Air Group Inc. stock outperforms competitors on strong trading dayJanuary 31, 2023 | americanbankingnews.comJPMorgan Chase & Co. Boosts Alaska Air Group (NYSE:ALK) Price Target to $91.00January 31, 2023 | americanbankingnews.comSeaport Res Ptn Weighs in on Alaska Air Group, Inc.'s Q3 2023 Earnings (NYSE:ALK)January 29, 2023 | americanbankingnews.comAlaska Air Group (NYSE:ALK) Upgraded at StockNews.comJanuary 28, 2023 | americanbankingnews.comBarclays Increases Alaska Air Group (NYSE:ALK) Price Target to $54.00January 27, 2023 | finance.yahoo.comCompany News for Jan 27, 2023January 27, 2023 | finance.yahoo.comAlaska Airlines’ Exposure to Tech Sector Hits Carrier’s Bottom LineJanuary 27, 2023 | americanbankingnews.comAlaska Air Group (NYSE:ALK) Stock Rating Lowered by Wolfe ResearchJanuary 26, 2023 | seekingalpha.comAlaska Air Group, Inc. (ALK) Q4 2022 Earnings Call TranscriptJanuary 26, 2023 | finance.yahoo.comAlaska Air (ALK) Q4 Earnings Surpass Estimates, Rise Y/YSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ALK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Alaska Air Group and its competitors with MarketBeat's FREE daily newsletter. Email Address ALK Company Calendar Last Earnings1/26/2023Today2/05/2023Next Earnings (Estimated)4/20/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Air transportation, scheduled Sub-IndustryAirlines SectorTransportation Current SymbolNYSE:ALK CUSIP01165910 CIK766421 Webwww.alaskaair.com Phone(206) 392-5040Fax302-636-5454Employees22,833Year Founded1932Price Target and Rating Average Stock Price Forecast$64.54 High Stock Price Forecast$91.00 Low Stock Price Forecast$50.00 Forecasted Upside/Downside+20.7%Consensus RatingModerate Buy Rating Score (0-4)2.85 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$0.43 Trailing P/E Ratio124.35 Forward P/E Ratio8.82 P/E Growth0.45Net Income$58 million Net Margins0.60% Pretax Margin0.82% Return on Equity14.75% Return on Assets3.85% Debt Debt-to-Equity Ratio0.49 Current Ratio0.67 Quick Ratio0.65 Sales & Book Value Annual Sales$9.65 billion Price / Sales0.70 Cash Flow$7.66 per share Price / Cash Flow6.98 Book Value$30.09 per share Price / Book1.78Miscellaneous Outstanding Shares126,840,000Free Float126,331,000Market Cap$6.78 billion OptionableOptionable Beta1.52 Social Links Key ExecutivesBenito MinicucciPresident, Chief Executive Officer & DirectorConstance von MuehlenChief Operating OfficerShane R. TackettChief Financial Officer & Executive VP-FinanceVikram BaskaranVice President-Information Technology ServicesKyle B. LevineSecretary, Senior VP-Legal & General CounselKey CompetitorsCopaNYSE:CPAJetBlue AirwaysNASDAQ:JBLUUnited AirlinesNASDAQ:UALSouthwest AirlinesNYSE:LUVDelta Air LinesNYSE:DALView All CompetitorsInsiders & InstitutionsU S Global Investors Inc.Sold 66,941 shares on 2/3/2023Ownership: 1.106%D.A. Davidson & CO.Sold 13,004 shares on 2/3/2023Ownership: 0.165%W.G. Shaheen & Associates DBA Whitney & CoSold 2,645 shares on 2/3/2023Ownership: 0.087%U.S. Capital Wealth Advisors LLCBought 850 shares on 2/3/2023Ownership: 0.031%Spire Wealth ManagementSold 820 shares on 2/3/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions ALK Stock - Frequently Asked Questions Should I buy or sell Alaska Air Group stock right now? 13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alaska Air Group in the last twelve months. There are currently 2 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ALK shares. View ALK analyst ratings or view top-rated stocks. What is Alaska Air Group's stock price forecast for 2023? 13 analysts have issued 1 year price targets for Alaska Air Group's shares. Their ALK share price forecasts range from $50.00 to $91.00. On average, they expect the company's share price to reach $64.54 in the next year. This suggests a possible upside of 20.7% from the stock's current price. View analysts price targets for ALK or view top-rated stocks among Wall Street analysts. How have ALK shares performed in 2023? Alaska Air Group's stock was trading at $42.94 on January 1st, 2023. Since then, ALK stock has increased by 24.5% and is now trading at $53.47. View the best growth stocks for 2023 here. Are investors shorting Alaska Air Group? Alaska Air Group saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 3,350,000 shares, a drop of 19.1% from the December 31st total of 4,140,000 shares. Based on an average daily volume of 1,400,000 shares, the days-to-cover ratio is currently 2.4 days. View Alaska Air Group's Short Interest. When is Alaska Air Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 20th 2023. View our ALK earnings forecast. How were Alaska Air Group's earnings last quarter? Alaska Air Group, Inc. (NYSE:ALK) posted its earnings results on Thursday, January, 26th. The transportation company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.90 by $0.02. The transportation company earned $2.48 billion during the quarter, compared to analyst estimates of $2.51 billion. Alaska Air Group had a trailing twelve-month return on equity of 14.75% and a net margin of 0.60%. The firm's revenue for the quarter was up 30.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.24 earnings per share. Read the conference call transcript. When did Alaska Air Group's stock split? Shares of Alaska Air Group split on Thursday, July 10th 2014. The 2-1 split was announced on Thursday, June 12th 2014. The newly created shares were issued to shareholders after the market closes on Wednesday, July 9th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. What guidance has Alaska Air Group issued on next quarter's earnings? Alaska Air Group issued an update on its earnings guidance on Sunday, January, 29th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.17 billion-$2.22 billion, compared to the consensus revenue estimate of $2.26 billion. What is Bradley D. Tilden's approval rating as Alaska Air Group's CEO? 391 employees have rated Alaska Air Group Chief Executive Officer Bradley D. Tilden on Glassdoor.com. Bradley D. Tilden has an approval rating of 85% among the company's employees. What other stocks do shareholders of Alaska Air Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Alaska Air Group investors own include Delta Air Lines (DAL), Southwest Airlines (LUV), NVIDIA (NVDA), Walt Disney (DIS), Bank of America (BAC), Boeing (BA), Gilead Sciences (GILD), CVS Health (CVS), Intel (INTC) and Netflix (NFLX). What is Alaska Air Group's stock symbol? Alaska Air Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALK." Who are Alaska Air Group's major shareholders? Alaska Air Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include U S Global Investors Inc. (1.11%), RWC Asset Management LLP (0.82%), Bank of Montreal Can (0.62%), Deroy & Devereaux Private Investment Counsel Inc. (0.38%), Allspring Global Investments Holdings LLC (0.22%) and Wedge Capital Management L L P NC (0.17%). Insiders that own company stock include Andrea L Schneider, Andrea L Schneider, Andrew R Harrison, Benito Minicucci, Bradley D Tilden, Christopher Michael Berry, Helvi Kay Sandvik, J Kenneth Thompson, Jessie J Knight Jr, Joseph A Sprague, Kyle B Levine and Shane R Tackett. View institutional ownership trends. How do I buy shares of Alaska Air Group? Shares of ALK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Alaska Air Group's stock price today? One share of ALK stock can currently be purchased for approximately $53.47. How much money does Alaska Air Group make? Alaska Air Group (NYSE:ALK) has a market capitalization of $6.78 billion and generates $9.65 billion in revenue each year. The transportation company earns $58 million in net income (profit) each year or $0.43 on an earnings per share basis. How many employees does Alaska Air Group have? The company employs 22,833 workers across the globe. Does Alaska Air Group have any subsidiaries? The following companies are subsidiares of Alaska Air Group: AAG Leasing Inc., AAG Real Property LLC., ASA Assurance Inc., ASA Beverages LLC., Alaska Airlines Inc., Horizon Air Industries Inc., McGee Air Services Inc., and Virgin America.Read More How can I contact Alaska Air Group? Alaska Air Group's mailing address is 19300 INTERNATIONAL BOULEVARD, SEATTLE WA, 98188. The official website for the company is www.alaskaair.com. The transportation company can be reached via phone at (206) 392-5040, via email at lavanya.sareen@alaskaair.com, or via fax at 302-636-5454. This page (NYSE:ALK) was last updated on 2/5/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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