After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Recently, Yahoo Finance discussed the stock, revealing that Alaska Airlines adds exclusively brewed beer in unique can to premium beverage line-up.
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Stocks Info
As a NYSE listed company, ALK falls under the Industrials sector while operating within the Airlines industry segment. At the end of the last regular session, the stock closed at $38.65 and fluctuated between $39.15 as its day high and $38.47 as its day low. The current market capitalization of Alaska Air Group Inc. is $4.87B. A total of 1.87 million shares were traded on the day, compared to an average of 3.76M shares.
Insider Activity
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, ALK has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 25 BUYs and 18 SELLs from insiders. Insiders purchased 54,439 shares during that period but sold 20,608.
In the most recent transaction, MINICUCCI BENITO bought 56 shares of ALK for 36.27 per share on Dec 07. After the transaction, the CEO AND PRESIDENT now owns 119,942 company shares. In a previous transaction on Jun 08, MINICUCCI BENITO sold 5,000 shares at 48.73 per share. ALK shares that CEO AND PRESIDENT owns now total 114,506.
Among the insiders who sold shares, THOMPSON J KENNETH disposed of 3,500 shares on Mar 09 at a per-share price of $48.58. This resulted in the Director holding 29,907 shares of ALK after the transaction.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for ALK in the last 3 months, the mean price target is $50.36 with high estimates of $70.00 and low estimates of $40.00. In terms of 52-week highs and lows, ALK has a high of $57.18 and a low of $30.75.
As of this writing, ALK has an earnings estimate of -$1.12 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of -$0.59 per share and a lower estimate of -$1.9. The company reported an EPS of $1.83 in the last quarter, which was -1.60% lower than expectations of $1.86.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. ALK’s latest balance sheet shows that the firm has $3.12B in Cash & Short Term Investments as of fiscal 2021. There were $4.09B in debt and $3.99B in liabilities at the time. Its Book Value Per Share was $32.62, while its Total Shareholder’s Equity was $3.80B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ALK is Buy with a score of 4.67.
