Alaska Air Group Inc (NYSE: ALK)’s stock price has plunge by 0.33relation to previous closing price of 73.25. Nevertheless, the company has seen a 4.30% surge in its stock price over the last five trading sessions. zacks.com reported 2025-02-03 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Is It Worth Investing in Alaska Air Group Inc (NYSE: ALK) Right Now?
The price-to-earnings ratio for Alaska Air Group Inc (NYSE: ALK) is above average at 24.08x, Company’s 36-month beta value is 1.55.Analysts have differing opinions on the stock, with 10 analysts rating it as a “buy,” 5 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for ALK is 126.47M, and currently, short sellers hold a 5.12% ratio of that floaft. The average trading volume of ALK on February 04, 2025 was 2.72M shares.
ALK’s Market Performance
ALK’s stock has seen a 4.30% increase for the week, with a 13.50% rise in the past month and a 55.47% gain in the past quarter. The volatility ratio for the week is 3.16%, and the volatility levels for the past 30 days are at 3.21% for Alaska Air Group Inc The simple moving average for the last 20 days is 7.05% for ALK stock, with a simple moving average of 56.38% for the last 200 days.
Analysts’ Opinion of ALK
Many brokerage firms have already submitted their reports for ALK stocks, with TD Cowen repeating the rating for ALK by listing it as a “Buy.” The predicted price for ALK in the upcoming period, according to TD Cowen is $110 based on the research report published on January 24, 2025 of the current year 2025.
Susquehanna, on the other hand, stated in their research note that they expect to see ALK reach a price target of $95. The rating they have provided for ALK stocks is “Positive” according to the report published on January 07th, 2025.
TD Cowen gave a rating of “Buy” to ALK, setting the target price at $78 in the report published on December 11th of the previous year.
ALK Trading at 16.53% from the 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, the company was unable to rebound, for now settling with -1.62% of loss for the given period.
Volatility was left at 3.21%, however, over the last 30 days, the volatility rate increased by 3.16%, as shares surge +14.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +39.11% upper at present.
During the last 5 trading sessions, ALK rose by +4.30%, which changed the moving average for the period of 200-days by +80.12% in comparison to the 20-day moving average, which settled at $68.65. In addition, Alaska Air Group Inc saw 13.50% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ALK starting from SCHNEIDER ANDREA L, who sale 1,830 shares at the price of $73.32 back on Jan 30 ’25. After this action, SCHNEIDER ANDREA L now owns 20,286 shares of Alaska Air Group Inc, valued at $134,178 using the latest closing price.
LEVINE KYLE B, the SVP LEGAL & GEN COUNSEL of Alaska Air Group Inc, sale 4,333 shares at $72.57 during a trade that took place back on Jan 29 ’25, which means that LEVINE KYLE B is holding 16,716 shares at $314,443 based on the most recent closing price.
Stock Fundamentals for ALK
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.44 for the gross margin
The net margin for Alaska Air Group Inc stands at 0.03. The total capital return value is set at 0.06. Equity return is now at value 9.31, with 2.22 for asset returns.
Based on Alaska Air Group Inc (ALK), the company’s capital structure generated 0.59 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 1.46. The interest coverage ratio of the stock is 18.88.
Currently, EBITDA for the company is 957.0 million with net debt to EBITDA at 4.04. When we switch over and look at the enterprise to sales, we see a ratio of 1.24. The receivables turnover for the company is 21.03for trailing twelve months and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.61.
Conclusion
In a nutshell, Alaska Air Group Inc (ALK) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
