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Alaska Air Group, Inc (ALK) is a leading airlines business based in the US. Alaska Air Group is listed on the NYSE and employs 18,112 staff. All prices are listed in US Dollars.
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52-week range | $20.02 - $67.0981 |
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50-day moving average | $51.6903 |
200-day moving average | $42.4603 |
Wall St. target price | $60.4 |
PE ratio | 83.0233 |
Dividend yield | $1.5 (5.34%) |
Earnings per share (TTM) | $0.463 |
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All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
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.
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 83x. In other words, Alaska Air Group shares trade at around 83x 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.
However, Alaska Air Group's P/E ratio is best considered in relation to those of others within the airlines industry or those of similar companies.
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.
However, it's sensible to consider Alaska Air Group's PEG ratio in relation to those of similar companies.
Alaska Air Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $145 million.
The EBITDA is a measure of a Alaska Air Group's overall financial performance and is widely used to measure a its profitability.
To put Alaska Air Group's EBITDA into context you can compare it against that of similar companies.
Revenue TTM | $5 billion |
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Gross profit TTM | $2.5 billion |
Return on assets TTM | -4.59% |
Return on equity TTM | -18.06% |
Profit margin | -13.96% |
Book value | $27.931 |
Market capitalisation | $6.7 billion |
TTM: trailing 12 months
There are currently 5.5 million Alaska Air Group shares held short by investors – that's known as Alaska Air Group's "short interest". This figure is 39.4% up from 4.0 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 1.8 million). Alaska Air Group's SIR currently stands at 3.11. In other words for every 100,000 Alaska Air Group shares traded daily on the market, roughly 3110 shares are currently held short.
To gain some more context, you can compare Alaska Air Group's short interest ratio against those of similar companies.
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 0.0502% of the tradable shares (for every 100,000 tradable Alaska Air Group shares, roughly 50 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.
We're not expecting Alaska Air Group to pay a dividend over the next 12 months. However, you can browse other dividend-paying shares in our guide.
You may also wish to consider:
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 $67.0981. 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 1.812. 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).
To put Alaska Air Group's beta into context you can compare it against those of similar companies.
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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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