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Alaska Air Group, Inc is an airlines business based in the US. Alaska Air Group shares (ALK) are listed on the NYSE and all prices are listed in US Dollars. Alaska Air Group employs 19,155 staff and has a trailing 12-month revenue of around USD$6.7 billion.
Since the stock market crash in March caused by coronavirus, Alaska Air Group's share price has had significant negative movement.
Its last market close was USD$37.08, which is 43.33% down on its pre-crash value of USD$65.43 and 85.21% up on the lowest point reached during the March crash when the shares fell as low as USD$20.02.
If you had bought USD$1,000 worth of Alaska Air Group shares at the start of February 2020, those shares would have been worth USD$371.74 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$573.63.
|Latest market close||USD$37.08|
|52-week range||USD$20.02 - USD$72.22|
|50-day moving average||USD$37.5347|
|200-day moving average||USD$35.0031|
|Wall St. target price||USD$44.3|
|Dividend yield||USD$1.5 (5.34%)|
|Earnings per share (TTM)||USD$0.463|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-09-07)||N/A|
|1 month (2020-08-14)||N/A|
|3 months (2020-06-18)||-0.99%|
|6 months (2020-03-14)||N/A|
|1 year (2019-09-14)||N/A|
|2 years (2018-09-14)||N/A|
|3 years (2017-09-14)||N/A|
|5 years (2015-09-14)||N/A|
Valuing Alaska Air Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Alaska Air Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Alaska Air Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 95x. In other words, Alaska Air Group shares trade at around 95x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Alaska Air Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.3. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Alaska Air Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Alaska Air Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$342 million.
The EBITDA is a measure of a Alaska Air Group's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$6.7 billion|
|Gross profit TTM||USD$2.5 billion|
|Return on assets TTM||-0.39%|
|Return on equity TTM||1.46%|
|Market capitalisation||USD$5 billion|
TTM: trailing 12 months
There are currently 4.7 million Alaska Air Group shares held short by investors – that's known as Alaska Air Group's "short interest". This figure is 1.9% down from 4.8 million last month.
There are a few different ways that this level of interest in shorting Alaska Air Group shares can be evaluated.
Alaska Air Group's "short interest ratio" (SIR) is the quantity of Alaska Air Group shares currently shorted divided by the average quantity of Alaska Air Group shares traded daily (recently around 2.4 million). Alaska Air Group's SIR currently stands at 1.97. In other words for every 100,000 Alaska Air Group shares traded daily on the market, roughly 1970 shares are currently held short.
However Alaska Air Group's short interest can also be evaluated against the total number of Alaska Air Group shares, or, against the total number of tradable Alaska Air Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Alaska Air Group's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 Alaska Air Group shares in existence, roughly 40 shares are currently held short) or 0.0429% of the tradable shares (for every 100,000 tradable Alaska Air Group shares, roughly 43 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Alaska Air Group.
Find out more about how you can short Alaska Air Group stock.
Dividend payout ratio: 250% of net profits
Recently Alaska Air Group has paid out, on average, around 250% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.34% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Alaska Air Group shareholders could enjoy a 5.34% return on their shares, in the form of dividend payments. In Alaska Air Group's case, that would currently equate to about $1.5 per share.
Alaska Air Group's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Alaska Air Group's most recent dividend payout was on 5 March 2020. The latest dividend was paid out to all shareholders who bought their shares by 14 February 2020 (the "ex-dividend date").
Alaska Air Group's shares were split on a 2:1 basis on 10 July 2014. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Alaska Air Group shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Alaska Air Group shares which in turn could have impacted Alaska Air Group's share price.
Over the last 12 months, Alaska Air Group's shares have ranged in value from as little as $20.02 up to $72.22. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Alaska Air Group's is 1.5362. This would suggest that Alaska Air Group's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Alaska Air Group, Inc., through its subsidiaries, provides passenger and cargo air transportation services. The company operates through three segments: Mainline, Regional, and Horizon. It has a network of approximately 1,300 daily flights to 115 destinations across the United States, Mexico, Canada, and Costa Rica. The company was founded in 1932 and is based in Seattle, Washington.
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