Alaska Air Group Stock Analysis

ALK Stock  USD 45.01  0.57  1.28%   
Alaska Air Group is undervalued with Real Value of 50.87 and Target Price of 51.58. The main objective of Alaska Air stock analysis is to determine its intrinsic value, which is an estimate of what Alaska Air Group is worth, separate from its market price. There are two main types of Alaska Air's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Alaska Air's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Alaska Air's stock to identify patterns and trends that may indicate its future price movements.
The Alaska Air stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Alaska Air is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Alaska Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Alaska Air's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alaska Air Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Alaska Stock Analysis Notes

About 84.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.26. Some equities with similar Price to Book (P/B) outperform the market in the long run. Alaska Air Group has Price/Earnings To Growth (PEG) ratio of 1.3. The entity last dividend was issued on the 14th of February 2020. The firm had 2:1 split on the 10th of July 2014. Alaska Air Group, Inc., through its subsidiaries, provides passenger and cargo air transportation services. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington. Alaska Air operates under Airlines classification in the United States and is traded on New York Stock Exchange. It employs 22354 people. For more info on Alaska Air Group please contact Bradley Tilden at 206 392 5040 or go to https://www.alaskaair.com.

Alaska Air Quarterly Total Revenue

2.23 Billion

Alaska Air Group Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Alaska Air's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Alaska Air Group or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
The company has 3.82 B in debt with debt to equity (D/E) ratio of 1.03, which is OK given its current industry classification. Alaska Air Group has a current ratio of 0.79, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Alaska Air until it has trouble settling it off, either with new capital or with free cash flow. So, Alaska Air's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Alaska Air Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Alaska to invest in growth at high rates of return. When we think about Alaska Air's use of debt, we should always consider it together with cash and equity.
Alaska Air Group has a strong financial position based on the latest SEC filings
Over 84.0% of Alaska Air shares are held by institutions such as insurance companies
Latest headline from investors.com: Alaska Air Group Stock Sees Relative Strength Rating Fly Higher

Alaska Air Group Upcoming and Recent Events

Earnings reports are used by Alaska Air to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Alaska Air previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
18th of April 2024
Upcoming Quarterly Report
View
23rd of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

Alaska Largest EPS Surprises

Earnings surprises can significantly impact Alaska Air's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
1997-04-21
1997-03-31-0.09-0.1-0.0111 
2018-04-23
2018-03-310.120.140.0216 
2012-04-19
2012-03-310.180.20.0211 
View All Earnings Estimates

Alaska Air Thematic Classifications

In addition to having Alaska Air stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Air Idea
Air
Air services and air delivery
Airlines Idea
Airlines
Major domestic and international airlines
Impulse Idea
Impulse
Macroaxis evolving impulse stocks
Transportation Idea
Transportation
USA Equities from Transportation industry as classified by Fama & French

Alaska Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Alaska Air is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Alaska Air Group backward and forwards among themselves. Alaska Air's institutional investor refers to the entity that pools money to purchase Alaska Air's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Fmr Inc2023-12-31
1.8 M
Massachusetts Financial Services Company2023-12-31
1.6 M
Us Global Investors Inc2023-12-31
1.4 M
Bank Of New York Mellon Corp2023-12-31
1.3 M
Diamond Hill Capital Management Inc2023-12-31
1.2 M
Citadel Advisors Llc2023-09-30
1.2 M
Brandywine Global Investment Mgmt Llc2023-12-31
1.1 M
American Century Companies Inc2023-12-31
M
Par Capital Management Inc2023-12-31
M
Blackrock Inc2023-12-31
16.5 M
Vanguard Group Inc2023-12-31
14 M
Note, although Alaska Air's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Alaska Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 5.66 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alaska Air's market, we take the total number of its shares issued and multiply it by Alaska Air's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Alaska Profitablity

Alaska Air's profitability indicators refer to fundamental financial ratios that showcase Alaska Air's ability to generate income relative to its revenue or operating costs. If, let's say, Alaska Air is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Alaska Air's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Alaska Air's profitability requires more research than a typical breakdown of Alaska Air's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.02 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of (0.06) %, which entails that for every $100 of revenue, it lost $0.06.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.02  0.02 
Return On Capital Employed 0.08  0.05 
Return On Assets 0.01  0.02 
Return On Equity 0.06  0.06 

Management Efficiency

Alaska Air Group has Return on Asset of 0.0333 % which means that on every $100 spent on assets, it made $0.0333 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0639 %, implying that it generated $0.0639 on every 100 dollars invested. Alaska Air's management efficiency ratios could be used to measure how well Alaska Air manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Alaska Air's Return On Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.02 this year, although the value of Return On Capital Employed will most likely fall to 0.05. At this time, Alaska Air's Total Current Liabilities is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 16.6 B this year, although the value of Non Current Liabilities Other will most likely fall to about 333.2 M.
Last ReportedProjected for Next Year
Book Value Per Share 32.29  33.91 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share 16.33  17.15 
Enterprise Value Over EBITDA 6.31  3.94 
Price Book Value Ratio 1.21  1.26 
Enterprise Value Multiple 6.31  3.94 
Price Fair Value 1.21  1.26 
Enterprise Value3.6 B3.7 B
The analysis of Alaska Air's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Alaska Air's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Alaska Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta
1.633

Technical Drivers

As of the 21st of April, Alaska Air shows the mean deviation of 1.62, and Risk Adjusted Performance of 0.1482. Alaska Air Group technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Alaska Air Group, which can be compared to its peers. Please confirm Alaska Air Group information ratio, and the relationship between the downside deviation and value at risk to decide if Alaska Air Group is priced correctly, providing market reflects its regular price of 45.01 per share. Given that Alaska Air has jensen alpha of 0.327, we suggest you to validate Alaska Air Group's prevailing market performance to make sure the company can sustain itself at a future point.

Alaska Air Group Price Movement Analysis

The output start index for this execution was five with a total number of output elements of fifty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Alaska Air middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Alaska Air Group. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Alaska Air Group Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Alaska Air insiders, such as employees or executives, is commonly permitted as long as it does not rely on Alaska Air's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Alaska Air insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Alaska Air Predictive Daily Indicators

Alaska Air intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Alaska Air stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Alaska Air Corporate Filings

8K
18th of April 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
5th of April 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
4th of April 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
28th of March 2024
Other Reports
ViewVerify
8K
27th of March 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
21st of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
12th of March 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
29th of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

Alaska Air Forecast Models

Alaska Air's time-series forecasting models are one of many Alaska Air's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Alaska Air's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Alaska Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Alaska Air prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Alaska shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Alaska Air. By using and applying Alaska Stock analysis, traders can create a robust methodology for identifying Alaska entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.03  0.03 
Operating Profit Margin 0.09  0.09 
Net Profit Margin 0.02  0.02 
Gross Profit Margin 0.19  0.18 

Current Alaska Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Alaska analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Alaska analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
51.58Strong Buy12Odds
Alaska Air Group current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Alaska analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Alaska stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Alaska Air Group, talking to its executives and customers, or listening to Alaska conference calls.
Alaska Analyst Advice Details

Alaska Stock Analysis Indicators

Alaska Air Group stock analysis indicators help investors evaluate how Alaska Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Alaska Air shares will generate the highest return on investment. By understating and applying Alaska Air stock analysis, traders can identify Alaska Air position entry and exit signals to maximize returns.
Begin Period Cash Flow338 M
Common Stock Shares Outstanding128.7 M
Total Stockholder Equity4.1 B
Tax Provision95 M
Quarterly Earnings Growth Y O Y2.484
Property Plant And Equipment Net9.6 B
Cash And Short Term Investments1.8 B
Cash281 M
Accounts Payable207 M
Net Debt3.5 B
50 Day M A39.5394
Total Current Liabilities4.5 B
Other Operating Expenses9.5 B
Non Current Assets Total13.1 B
Forward Price Earnings9.0744
Non Currrent Assets Other262 M
Stock Based Compensation82 M
When determining whether Alaska Air Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Alaska Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Alaska Air Group Stock. Highlighted below are key reports to facilitate an investment decision about Alaska Air Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alaska Air Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Alaska Stock analysis

When running Alaska Air's price analysis, check to measure Alaska Air's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alaska Air is operating at the current time. Most of Alaska Air's value examination focuses on studying past and present price action to predict the probability of Alaska Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alaska Air's price. Additionally, you may evaluate how the addition of Alaska Air to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Equity Valuation
Check real value of public entities based on technical and fundamental data
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Transaction History
View history of all your transactions and understand their impact on performance
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Is Alaska Air's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alaska Air. If investors know Alaska will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alaska Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.484
Earnings Share
1.83
Revenue Per Share
82.383
Quarterly Revenue Growth
0.016
Return On Assets
0.0333
The market value of Alaska Air Group is measured differently than its book value, which is the value of Alaska that is recorded on the company's balance sheet. Investors also form their own opinion of Alaska Air's value that differs from its market value or its book value, called intrinsic value, which is Alaska Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alaska Air's market value can be influenced by many factors that don't directly affect Alaska Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alaska Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alaska Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alaska Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.