Alaska Air Group, Inc. (NYSE:ALK) went up by 1.46% from its latest closing price when compared to the 1-year high value of $72.22 and move down -8.6%, while ALK stocks collected +3.87% of gains with the last five trading sessions. Barron's reported on 02/07/20 that Airlines Have Been Grounded by Coronavirus. JetBlue Is the ‘Best Value Play.’
Alaska Air Group, Inc. (NYSE:ALK) Worth an Investment?
Alaska Air Group, Inc. (NYSE: ALK) scored price to earnings ratio above its average ratio, recording 10.74 times of increase in earnings at the present.
ALK Market Performance
ALK stocks went up by 3.87% for the week, with the monthly jump of 0.48% and a quarterly performance of -6.13%, while its annual performance rate touched -0.30%. The simple moving average for the period of the last 20 days is 1.38% for ALK stocks with the simple moving average of 2.67% for the last 200 days.
Analysts’ Opinion on Alaska Air Group, Inc. (NYSE:ALK)
Many brokerage firms have already submitted their reports for ALK stocks, with Susquehanna repeating the rating for ALK shares by setting it to “Neutral”. The predicted price for ALK socks in the upcoming period according to Susquehanna is $67 based on the research report published on November 20, 2019.
UBS, on the other hand, stated in their research note that they expect to see ALK stock at the price of $67. The rating they have provided for ALK stocks is “Neutral” according to the report published on November 13, 2019.
UBS gave “Neutral” rating to ALK stocks, setting the target price at $67 in the report published on November 12, 2019.
ALK Stocks -0.53% Far from 50 Day Moving Average
After a stumble in the market that brought ALK to its low price for the period of the last 52 weeks, Alaska Air Group, Inc. was unable to take a rebound, for now settling with -7.92% of loss for the given period.
The stock volatility was left at 2.27%, however, within the period of a single month, the volatility rate increased by 1.80%, while the shares sank at the distance of -0.14% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -2.36% lower at the present time.
In the course of the last 5 trading sessions, ALK went up by +3.87%, which changed the moving average for the period of 200 days to the total of +7.43% of gains for the stock in comparison to the 20-day moving average settled at $65.59. In addition, Alaska Air Group, Inc. saw -1.85% in overturn over the period of a single year with a tendency to cut further losses.
ALK Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Alaska Air Group, Inc. (ALK), starting from SCHNEIDER ANDREA L, who sold 1,450 shares at the price of $70.28 back on Nov 04. After this action, Rushing now owns 10,268 shares of Alaska Air Group, Inc., valued at $101,911 with the latest closing price.
PEDERSEN BRANDON, the EXEC VP/FINANCE & CFO of Alaska Air Group, Inc., sold 3,830 shares at the value of $71.00 during a trade that took place back on Oct 28, which means that PEDERSEN BRANDON is holding 20,000 shares at the value of $271,914 based on the most recent closing price.
ALK Stock Fundamentals
The current profitability levels are settled at +12.61 for the present operating margin and +24.43 for gross margin. The net margin for Alaska Air Group, Inc. stands at +8.76. Equity return holds the value 12.90%, with 4.10% for asset returns.
EBITDA value lies at +363.00 M with total debt to EBITDA carrying the value of 0.98. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.64.