Perhaps timely catching Alaska Air Group Inc. (ALK) would be a good idea

With 1.21 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.98 million shares. During the session, the Airlines company that operates in wider Industrials sector, reached to the highest price of $41.9206 whereas the lowest price it dropped to was $41.122. The 52-week range on ALK shows that it touched its highest point at $57.18 and its lowest point at $30.75 during that stretch. It currently has a 1-year price target of $55.73. Beta for the stock currently stands at 1.60.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ALK was down-trending over the past week, with a drop of -0.41%, but this was down by -5.81% over a month. Three-month performance surged to 6.60% while six-month performance rose 5.27%. The stock lost -16.50% in the past year, while it has gained 5.81% so far this year. A look at the trailing 12-month EPS for ALK yields 1.87 with Next year EPS estimates of 6.21. For the next quarter, that number is 2.38. This implies an EPS growth rate of 4.50% for this year and 31.20% for next year. EPS is expected to grow by 15.91% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -12.33%.

Float and Shares Shorts:

At present, 126.89 million ALK shares are outstanding with a float of 126.35 million shares on hand for trading. On 2024-05-15, short shares totaled 6.31 million, which was 497.0 higher than short shares on 1713139200. In addition to Mr. Benito Minicucci as the firm’s President, CEO & Director, Mr. Shane R. Tackett serves as its CFO & Executive VP of Finance.

Institutional Ownership:

Through their ownership of 0.84882003 of ALK’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, ALK reported revenue of $2232000000.0 and operating income of -$132000000.0. The EBITDA in the recently reported quarter was $11000000.0 and diluted EPS was -$1.05.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ALK since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.