ALK stock icon

Alaska Air
ALK

$40.03
1.23%

Market Cap: 5.08B

 

About: Alaska Air Group Inc operates two airlines, Alaska and Horizon in three operating segments. The Mainline segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico, and Costa Rica. The Regional segment includes Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPA). The Horizon segment includes the capacity sold to Alaska under a CPA. It earns revenues from Passenger tickets, including ticket breakage and net of taxes and fees, Passenger ancillary and Mileage Plan passenger revenue.

Employees: 23,013

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 8 analysts
0
News positive %
of 34 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

200% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 3 (+2) [Q1 2024]

12% more capital invested

Capital invested by funds: $4.03B [Q4 2023] → $4.53B (+$502M) [Q1 2024]

3.11% more ownership

Funds ownership: 80.5% [Q4 2023] → 83.61% (+3.11%) [Q1 2024]

8% less funds holding

Funds holding: 446 [Q4 2023] → 409 (-37) [Q1 2024]

19% less repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 157

28% less call options, than puts

Call options by funds: $69.8M | Put options by funds: $96.3M

40% less first-time investments, than exits

New positions opened: 55 | Existing positions closed: 92

Research analyst outlook

8 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$41
2%
upside
Avg. target
$52
29%
upside
High target
$65
62%
upside

8 analyst ratings

positive
75%
neutral
25%
negative
0%
Susquehanna
Christopher Danely
2%upside
$41
Neutral
Maintained
16 Jul 2024
Wolfe Research
Scott Group
37%upside
$55
Outperform
Upgraded
17 May 2024
Susquehanna
Christopher Danely
5%upside
$42
Neutral
Maintained
19 Apr 2024
B of A Securities
Andrew Didora
40%upside
$56
Buy
Maintained
19 Apr 2024
TD Cowen
Helane Becker
22%upside
$49
Buy
Maintained
5 Apr 2024

Financial journalist opinion

Based on 34 articles about ALK published over the past 30 days