On Friday, Alaska Air Group Inc (NYSE: ALK) was -4.13% drop from the session before settling in for the closing price of $52.50. A 52-week range for ALK has been $32.62 – $78.08.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Industrials sector company grew by 18.13% over the past five years. When this article was written, the company’s average yearly earnings per share was at 19.87%. With a float of $122.09 million, this company’s outstanding shares have now reached $123.12 million.
Let’s look at the performance matrix of the company that is accounted for 33941 employees. In terms of profitability, gross margin is 20.14%, operating margin of 6.43%, and the pretax margin is 4.64%.
Alaska Air Group Inc (ALK) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Alaska Air Group Inc stocks. The insider ownership of Alaska Air Group Inc is 0.49%, while institutional ownership is 91.28%. The most recent insider transaction that took place on Feb 20 ’25, was worth 503,448. In this transaction EVP AND CCO of this company sold 6,600 shares at a rate of $76.28, taking the stock ownership to the 34,030 shares. Before that another transaction happened on Feb 20 ’25, when Company’s Officer proposed sale 6,600 for $76.28, making the entire transaction worth $503,448.
Alaska Air Group Inc (ALK) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.85 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 19.87% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 26.57% during the next five years compared to -13.04% drop over the previous five years of trading.
Alaska Air Group Inc (NYSE: ALK) Trading Performance Indicators
You can see what Alaska Air Group Inc (ALK) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.58. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.53. Likewise, its price to free cash flow for the trailing twelve months is 33.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.05, a number that is poised to hit -0.70 in the next quarter and is forecasted to reach 7.65 in one year’s time.
Technical Analysis of Alaska Air Group Inc (ALK)
Alaska Air Group Inc (NYSE: ALK) saw its 5-day average volume 2.62 million, a negative change from its year-to-date volume of 3.32 million. As of the previous 9 days, the stock’s Stochastic %D was 30.73%. Additionally, its Average True Range was 2.55.
During the past 100 days, Alaska Air Group Inc’s (ALK) raw stochastic average was set at 10.05%, which indicates a significant increase from 4.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.55% in the past 14 days, which was lower than the 45.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $65.94, while its 200-day Moving Average is $51.08. Nevertheless, the first resistance level for the watch stands at $51.86 in the near term. At $53.38, the stock is likely to face the second major resistance level. The third major resistance level sits at $54.27. If the price goes on to break the first support level at $49.44, it is likely to go to the next support level at $48.54. The third support level lies at $47.02 if the price breaches the second support level.
Alaska Air Group Inc (NYSE: ALK) Key Stats
There are 122,696K outstanding shares of the company, which has a market capitalization of 6.18 billion. As of now, sales total 11,735 M while income totals 395,000 K. Its latest quarter income was 3,534 M while its last quarter net income were 71,000 K.
