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Alaska Air Group (ALK-N)
NYSE:ALK
72.85
2.21
(2.94%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 4 opinions in the last 12 months.
Alaska Air Group (ALK) has received mixed reviews from Stockchase Research Editor Michael O'Reilly, emphasizing both growth potential and recent challenges. Despite experiencing a setback due to grounding a portion of its fleet, the company received $160 million in compensation from Boeing, highlighting its resilience. Analysts note that air travel demand remains strong, with ALK trading at attractive PE and book value ratios. The company's cash reserves are increasing, debt is being reduced, and share buybacks are supportive of stock performance. Additionally, the anticipated acquisition of Hawaiian Airlines is expected to yield significant cost-saving synergies in the long run, making ALK a compelling investment opportunity for potential future gains.
$37.390
Unknown
We again reiterate ALK as a TOP PICK. Following a grounding of one-third of their fleet due to Boeing related issues, the company has since been compensated $160 million by the aircraft manufacturer. Air travel is hitting all time record highs and ALK is well positioned. It trades at 22x earnings and 1.3x book value. We will continue to recommend a tight stop at $38, looking to achieve $56 -- upside potential of 34%. Yield 0%
(Analysts’ price target is $56.40)We reiterate ALK as a TOP PICK. Travel demand is strong and the company is performing well. It trades at 23x earnings and under 2x book value. Cash reserves are growing while debt is retired and shares bought back. We recommend trailing up the stop (from $33) to $38, looking to achieve $56 -- upside potential of 28%. Yield 0%
(Analysts’ price target is $56.56)We reiterate ALK as a TOP PICK. The company expects its acquisition of Hawaiian to close in the next 18 months and they expect to see large cost-saving synergies. Quarterly cash reserves are growing, while debt is retired and shares bought back. It trades at 21x earnings and 1.2x book value. We recommend trailing up the stop (from $31) to $33, looking to achieve $51 -- upside potential of 31%. Yield 0%
(Analysts’ price target is $51.10)ALK has estimated the grounding by Boeing of its Max 9 fleet will likely hinder some of its capacity for a while. For this the market clipped its share price by 20%, but now it is recovering following recently released earnings. The company is reporting expanding margins in both passenger and cargo. It trades at only 1.1x book and 13x earnings. Quarterly cash reserves are growing as debt is retired and shares bought back. We recommend setting a stop-loss at $31, looking to achieve $51 -- upside potential of 36%. Yield 0%
(Analysts’ price target is $51.50)Is leaving the S&P. Shares sank today after taking over Hawaiian Airlines. Not worth chasing this.
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Alaska Air Group(ALK-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 1
Alaska Air Group(ALK-N) Frequently Asked Questions
What is Alaska Air Group stock symbol?
Alaska Air Group is a American stock, trading under the symbol ALK-N on the New York Stock Exchange (ALK). It is usually referred to as NYSE:ALK or ALK-N
Is Alaska Air Group a buy or a sell?
In the last year, 1 stock analyst published opinions about ALK-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Alaska Air Group.
Is Alaska Air Group a good investment or a top pick?
Alaska Air Group was recommended as a Top Pick by on . Read the latest stock experts ratings for Alaska Air Group.
Why is Alaska Air Group stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Alaska Air Group worth watching?
1 stock analyst on Stockchase covered Alaska Air Group In the last year. It is a trending stock that is worth watching.
What is Alaska Air Group stock price?
On 2025-02-11, Alaska Air Group (ALK-N) stock closed at a price of $72.85.
Our PAST TOP PICK with ALK has triggered its stop at $38. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 5%, when combined with our previous recommendations.