Analysts Point To Alaska Air Group Inc. (NYSE: ALK) Growth In The Future

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 Air Group to webcast J.P. Morgan Conference.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

As a NYSE listed company, ALK falls under the Industrials sector while operating within the Airlines industry segment. The current market capitalization of Alaska Air Group Inc. is $4.96B. A total of 2.96 million shares were traded on the day, compared to an average of 3.13M shares.

In the most recent transaction, HARRISON ANDREW R sold 6,500 shares of ALK for 38.36 per share on Feb 28 ’24. After the transaction, the EVP AND CCO now owns 26,048 company shares. In a previous transaction on Dec 07 ’23, MINICUCCI BENITO bought 56 shares at 36.27 per share. ALK shares that CEO AND PRESIDENT owns now total 119,942.

Among the insiders who sold shares, MINICUCCI BENITO disposed of 5,000 shares on Jun 08 ’23 at a per-share price of $48.73. This resulted in the CEO AND PRESIDENT holding 114,506 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. 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 -$1.14 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of -$0.5 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.

Most Popular

Related Posts