ALK
Alaska Air Group, Inc. [ALK] Stock Forecast
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In the News
Will Alaska Air Stock Rebound To Its Pre-Inflation Shock Highs Of $70?
Alaska Air stock (NYSE: ALK) currently trades at $37 per share, more than 45% below its level in March 2021, and it seems like it can see higher levels over time.
Alaska Air Group: Facing Medium-Term Headwinds But Still A Good Investment Choice
Alaska Air Group's Q3 earnings disappointed the market due to weakening pricing power and high fuel prices. The company's average passenger yield decreased, while other carriers experienced smaller fare reductions. Alaska Air Group's revenue forecast has been lowered for 2023 and 2024 due to lower airfares and canceled plane deliveries.
Here's Why Investors Should Avoid Alaska Air (ALK) Stock Now
Escalating fuel costs and rising expenses hurt Alaska Air (ALK).
Alaska Air (ALK) & CHOOSE Ink Environment-Friendly Deal
Alaska Air (ALK) announced partnering with climate-tech company CHOOSE to provide passengers options to reduce their travel-related carbon emissions.
3 Mid-Cap Stocks Ready to Rally
As the year unfolds, mega-cap stocks have been basking in the limelight, overshadowing smaller counterparts. To illustrate this point, the Russell 2000 Index is down more than 2% year-to-date, while the S&P 500 index is ticking in the green at over 15%.
Gol Linhas (Gol) Reports Q3 Loss, Lags Revenue Estimates
Gol Linhas (Gol) third-quarter 2023 revenues improve year over year.
Alaska Airlines sued over attempt by off-duty pilot to shut down engines
Three passengers who were aboard an Alaska Airlines jet when an off-duty pilot riding in the cockpit "jump seat" allegedly tried to disable the plane's engines sued the Seattle-based carrier on Thursday, accusing it of breaching its duty to ensure flight safety.
New Strong Sell Stocks for October 30th
ABM, ALK and CBRE have been added to the Zacks Rank #5 (Strong Sell) List on October 30, 2023.
Airlines Earnings Mixed-to-Upbeat: What Lies Ahead of ETF?
Most of the airlines companies this earnings reporting season beat on both lines while some underperformed.
GATX Q3 Earnings & Revenues Lag Estimates, Increase Y/Y
GATX's third-quarter 2023 earnings and revenues increase year over year.
ALK Financial details
ALK Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2022-12-31
| Metric | History | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|---|---|---|
| 2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
| Revenue per share | 67.06 | 71.23 | 28.89 | 49.38 | 76.16 | |
| Net income per share | 3.55 | 6.24 | -10.59 | 3.82 | 0.46 | |
| Operating cash flow per share | 9.7 | 13.97 | -1.9 | 8.24 | 11.2 | |
| Free cash flow per share | 1.91 | 8.32 | -3.56 | 5.9 | -2 | |
| Cash per share | 10.03 | 12.34 | 27.1 | 24.92 | 19.08 | |
| Book value per share | 30.44 | 35.13 | 24.34 | 30.39 | 30.13 | |
| Tangible book value per share | 13.64 | 18.38 | 7.74 | 30.39 | 30.13 | |
| Share holders equity per share | 30.44 | 35.13 | 24.34 | 30.39 | 30.13 | |
| Interest debt per share | 17.66 | 26.53 | 41.64 | 33.61 | 31.34 | |
| Market cap | 7.5B | 8.35B | 6.42B | 6.52B | 5.44B | |
| Enterprise value | 9.5B | 11.34B | 10.1B | 10.13B | 8.98B | |
| P/E ratio | 17.16 | 10.86 | -4.91 | 13.63 | 93.77 | |
| Price to sales ratio | 0.91 | 0.95 | 1.8 | 1.06 | 0.56 | |
| POCF ratio | 6.27 | 4.85 | -27.43 | 6.33 | 3.84 | |
| PFCF ratio | 31.91 | 8.14 | -14.59 | 8.83 | -21.5 | |
| P/B Ratio | 2 | 1.93 | 2.14 | 1.71 | 1.43 | |
| PTB ratio | 2 | 1.93 | 2.14 | 1.71 | 1.43 | |
| EV to sales | 1.15 | 1.29 | 2.83 | 1.64 | 0.93 | |
| Enterprise value over EBITDA | 12.02 | 10.1 | -11.22 | 13.78 | 11.92 | |
| EV to operating cash flow | 7.95 | 6.58 | -43.17 | 9.84 | 6.33 | |
| EV to free cash flow | 40.41 | 11.05 | -22.96 | 13.73 | -35.48 | |
| Earnings yield | 0.06 | 0.09 | -0.2 | 0.07 | 0.01 | |
| Free cash flow yield | 0.03 | 0.12 | -0.07 | 0.11 | -0.05 | |
| Debt to equity | 0.56 | 0.74 | 1.68 | 1.07 | 1.02 | |
| Debt to assets | 0.19 | 0.25 | 0.36 | 0.29 | 0.27 | |
| Net debt to EBITDA | 2.53 | 2.66 | -4.09 | 4.92 | 4.7 | |
| Current ratio | 0.61 | 0.64 | 0.94 | 0.98 | 0.67 | |
| Interest coverage | 8.81 | 11.11 | -20.15 | 2.91 | 3.6 | |
| Income quality | 2.73 | 2.24 | 0.18 | 2.15 | 24.45 | |
| Dividend Yield | 0.02 | 0.02 | 0.01 | 0 | 0 | |
| Payout ratio | 0.36 | 0.22 | -0.03 | 0 | 0 | |
| Sales general and administrative to revenue | 0 | 0 | 0 | 0 | 0 | |
| Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
| Intangibles to total assets | 0.19 | 0.16 | 0.15 | 0.15 | 0.14 | |
| Capex to operating cash flow | -0.8 | -0.4 | 0.88 | -0.28 | -1.18 | |
| Capex to revenue | -0.12 | -0.08 | -0.06 | -0.05 | -0.17 | |
| Capex to depreciation | -2.41 | -1.65 | -0.49 | -0.74 | -4.03 | |
| Stock based compensation to revenue | 0.01 | 0 | 0.01 | 0.01 | 0 | |
| Graham number | 49.28 | 70.22 | 76.15 | 51.12 | 17.62 | |
| ROIC | 0.08 | 0.06 | -0.13 | 0.03 | 0.03 | |
| Return on tangible assets | 0.05 | 0.07 | -0.11 | 0.04 | 0 | |
| Graham Net | -45.61 | -55.67 | -59.19 | -52.72 | -61.38 | |
| Working capital | -1.16B | -1.16B | -265M | -71M | -1.47B | |
| Tangible asset value | 1.68B | 2.27B | 955M | 1.76B | 1.78B | |
| Net current asset value | -5.37B | -6.63B | -7.04B | -6.23B | -7.43B | |
| Invested capital | 0.56 | 0.74 | 1.68 | 1.07 | 1.02 | |
| Average receivables | 353.5M | 344.5M | 401.5M | 513M | 421M | |
| Average payables | 126M | 139M | 127M | 154M | 210.5M | |
| Average inventory | 58.5M | 66M | 64.5M | 59.5M | 83M | |
| Days sales outstanding | 16.17 | 13.43 | 49.13 | 32.27 | 11.2 | |
| Days payables outstanding | 7.31 | 7.83 | 9.9 | 15.14 | 10.1 | |
| Days of inventory on hand | 3.32 | 3.86 | 5.23 | 4.69 | 4.75 | |
| Receivables turnover | 22.58 | 27.19 | 7.43 | 11.31 | 32.59 | |
| Payables turnover | 49.93 | 46.59 | 36.85 | 24.11 | 36.13 | |
| Inventory turnover | 109.85 | 94.47 | 69.82 | 77.77 | 76.77 | |
| ROE | 0.12 | 0.18 | -0.43 | 0.13 | 0.02 | |
| Capex per share | -7.79 | -5.65 | -1.67 | -2.33 | -13.19 |
Quarterly Fundamentals Overview
Last date of statement is 2023-09-30 for Q3
| Metric | History | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 |
|---|---|---|---|---|---|---|
| 2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
| Revenue per share | 22.31 | 19.47 | 17.22 | 22.27 | 22.32 | |
| Net income per share | 0.32 | 0.17 | -1.11 | 1.88 | 1.09 | |
| Operating cash flow per share | 1.37 | 0.07 | 1.74 | 4.79 | 2.13 | |
| Free cash flow per share | -1.11 | -5.62 | 0.77 | 0.78 | -0.68 | |
| Cash per share | 24.85 | 18.99 | 19.05 | 19.16 | 19.27 | |
| Book value per share | 30.18 | 29.98 | 28.93 | 31 | 32.18 | |
| Tangible book value per share | 30.18 | 29.98 | 28.93 | 31 | 32.18 | |
| Share holders equity per share | 30.18 | 29.98 | 28.93 | 31 | 32.18 | |
| Interest debt per share | 31.42 | 30.58 | 29.43 | 30.66 | 32.66 | |
| Market cap | 4.96B | 5.47B | 5.35B | 6.78B | 4.72B | |
| Enterprise value | 8.23B | 9B | 8.56B | 10.13B | 8.2B | |
| P/E ratio | 31.02 | 62.12 | -9.42 | 7.06 | 8.48 | |
| Price to sales ratio | 1.76 | 2.21 | 2.44 | 2.39 | 1.66 | |
| POCF ratio | 28.53 | 607.38 | 24.1 | 11.11 | 17.4 | |
| PFCF ratio | -35.2 | -7.65 | 54.59 | 67.77 | -54.84 | |
| P/B Ratio | 1.3 | 1.43 | 1.45 | 1.72 | 1.15 | |
| PTB ratio | 1.3 | 1.43 | 1.45 | 1.72 | 1.15 | |
| EV to sales | 2.91 | 3.63 | 3.9 | 3.57 | 2.89 | |
| Enterprise value over EBITDA | 24.35 | 53.91 | -75.13 | 18.82 | 16.49 | |
| EV to operating cash flow | 47.3 | 1K | 38.58 | 16.6 | 30.24 | |
| EV to free cash flow | -58.37 | -12.59 | 87.4 | 101.27 | -95.3 | |
| Earnings yield | 0.01 | 0 | -0.03 | 0.04 | 0.03 | |
| Free cash flow yield | -0.03 | -0.13 | 0.02 | 0.01 | -0.02 | |
| Debt to equity | 1.03 | 1.02 | 1.01 | 0.98 | 1.01 | |
| Debt to assets | 0.27 | 0.27 | 0.26 | 0.26 | 0.27 | |
| Net debt to EBITDA | 9.67 | 21.18 | -28.2 | 6.23 | 7 | |
| Current ratio | 0.81 | 0.67 | 0.64 | 0.63 | 0.72 | |
| Interest coverage | 8.36 | 3.44 | -5.81 | 16.05 | 7.81 | |
| Income quality | 4.35 | 0.41 | -1.56 | 2.54 | 1.95 | |
| Dividend Yield | 0 | 0 | 0 | 0 | 0 | |
| Payout ratio | 0 | 0 | 0 | 0 | 0 | |
| Sales general and administrative to revenue | 0 | 0 | 0 | 0 | 0 | |
| Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
| Intangibles to total assets | 0.14 | 0.14 | 0.14 | 0.14 | 0.13 | |
| Capex to operating cash flow | -1.81 | -80.44 | -0.56 | -0.84 | -1.32 | |
| Capex to revenue | -0.11 | -0.29 | -0.06 | -0.18 | -0.13 | |
| Capex to depreciation | -3.03 | -6.9 | -1.19 | -4.51 | -3.16 | |
| Stock based compensation to revenue | 0 | 0 | 0.01 | 0.01 | 0.01 | |
| Graham number | 14.64 | 10.8 | 26.93 | 36.24 | 28.13 | |
| ROIC | 0.02 | 0 | -0.01 | 0.03 | 0.02 | |
| Return on tangible assets | 0 | 0 | -0.01 | 0.02 | 0.01 | |
| Graham Net | -57.18 | -61.07 | -61.73 | -63.71 | -65.29 | |
| Working capital | -899M | -1.47B | -1.76B | -1.93B | -1.43B | |
| Tangible asset value | 1.79B | 1.78B | 1.65B | 1.92B | 2.06B | |
| Net current asset value | -6.9B | -7.43B | -7.51B | -7.63B | -7.43B | |
| Invested capital | 1.03 | 1.02 | 1.01 | 0.98 | 1.01 | |
| Average receivables | 373M | 320.5M | 318M | 345.5M | 346M | |
| Average payables | 244M | 211.5M | 213.5M | 209M | 220.5M | |
| Average inventory | 93.5M | 99M | 104.5M | 106M | 114.5M | |
| Days sales outstanding | 10.98 | 10.75 | 13.93 | 11.13 | 10.81 | |
| Days payables outstanding | 8.15 | 9.54 | 8.93 | 9.3 | 9.36 | |
| Days of inventory on hand | 3.79 | 4.49 | 4.55 | 4.69 | 4.98 | |
| Receivables turnover | 8.2 | 8.38 | 6.46 | 8.09 | 8.33 | |
| Payables turnover | 11.05 | 9.43 | 10.07 | 9.68 | 9.62 | |
| Inventory turnover | 23.74 | 20.04 | 19.76 | 19.18 | 18.06 | |
| ROE | 0.01 | 0.01 | -0.04 | 0.06 | 0.03 | |
| Capex per share | -2.48 | -5.69 | -0.97 | -4 | -2.81 |
ALK Frequently Asked Questions
What is Alaska Air Group, Inc. stock symbol ?
Alaska Air Group, Inc. is a US stock , located in Seattle of Wa and trading under the symbol ALK
Is Alaska Air Group, Inc. buy or a sell ?
11 stock analysts have 11 predictions with a medium analyst target price of $69.82. The lowest prediction is $41 and the highest is $103
What is ALK stock prediction ?
With a median analyst target price of $51.5, 2 stock analysts have made 2 forecasts in last 90 days. $41 is the lowest and $62 is the greatest projection.
What is Alaska Air Group, Inc. stock quote today ?
Alaska Air Group, Inc. stock price is $37.485 today.
Is Alaska Air Group, Inc. stock public?
Yes, Alaska Air Group, Inc. is a publicly traded company.
Company Profile
- Volume Average 2.23M
- Market Capitalization 4.76B
- Employee 23.88K
- CEO Mr. Benito Minicucci
- Headquarters Seattle,WA,US
- IPO Date 1980-03-17
-
Website
https://www.alaskaair.com 
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 flies to approximately 120 destinations throughout North America. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington.
