Stocks of Alaska Air Group Inc (NYSE:ALK) traded higher last session on Wall Street, down -4.39% to $47.46.
ALK stock price is now -2.30% away from the 50-day moving average and -12.00% away from the 200-day moving average. The market capitalization of the company currently stands at $5.76B.
With the price target enhanced from $54 to $62, TD Cowen maintained Buy rating for Alaska Air Group Inc (NYSE: ALK). On April 07, 2025, UBS Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock keeping its target price maintained at $54, while ‘TD Cowen’ rates the stock as ‘Buy’
In other news, HALVERSON EMILY, VP Finance, Controller & Treas sold 2,946 shares of the company’s stock on Jun 05 ’25. The stock was sold for $151,251 at an average price of $51.34. Upon completion of the transaction, the VP Finance, Controller & Treas now directly owns 8,253 shares in the company, valued at $0.39 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 05 ’25, Officer HALVERSON EMILY bought 2,946 shares of the business’s stock. A total of $151,251 was incurred on buying the stock at an average price of $51.34. A total of 0.53% of the company’s stock is owned by insiders.
During the past 12 months, Alaska Air Group Inc has had a low of $32.62 and a high of $78.08. As of last week, the company has a debt-to-equity ratio of 1.52, a current ratio of 0.56, and a quick ratio of 0.52. According to the stock market information, the enterprise value for the company is $9573287936, which is based on a 17.24 price-to-earnings ratio, a 0.89 price-to-earnings-growth ratio, and a beta of 1.43. The fifty day moving average price for ALK is $48.5782 and a two-hundred day moving average price translates $53.93325 for the stock.
The latest earnings results from Alaska Air Group Inc (NYSE: ALK) was released for 2025-03-31. The net profit margin was 2.86% and return on equity was 8.90% for ALK. The company reported revenue of $3.14 billion for the quarter, compared to $2.23 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 40.55 percent.
