Alaska Air Group Inc. (ALK) shares Traded BTW $66.58 to $67.49 in Last % Days: Performance Analysis

Alaska Air Group Inc. (ALK) is owned by a number of high-value investors. Its largest direct holder is Bradley D. Tilden Chairman of the Board, President and Chief Executive Officer; Chairman of the Board and Chief Executive Officer of Alaska Airlines, Inc.; Chairman of the Board of Horizon Air Industries, Inc. with 136,333 shares. The second-largest direct holder is Benito Minicucci President, Chief Operating Officer of Alaska Airlines, Inc. and Chief Executive Officer of Virgin America Inc., with 95,816 shares of the company’s stock. In third place with 44,179 shares of ALK is Phyllis J. Campbell Independent Director.

Now turning to institutional ownership of Alaska Air Group Inc. (ALK), The Vanguard Group, Inc. is the top holder with 13.2 million shares. The next largest fund holder of this company’s stock is T. Rowe Price Associates, Inc. (Investment Management) with 8.92 million shares. In the third-place spot with 6.08 million shares is BlackRock Fund Advisors.

This company’s stock price was $66.61 at the previous market close, with its latest volume reaching 1077575. Compare that to its average daily volume of 804.72K. Given the fact that this stock has 123.46M shares outstanding, its current market value is sitting at $8.22B. This publicly-traded stock’s 60-month Beta is 0.78. Its Price to Sales ratio is 0.95, its Price to Cash Flow ratio is 5.08, and its Price to Book ratio is 1.93.

ALK stock has achieved a 5-day range of $66.58 to $69.78, with a total performance of -4.08% during that period. Meanwhile, in the past month of trading, this stock has traded in the range of $66.58 to $72.22, generating a -5.05% change during the period. In the past three months, this stock’s price has changed by +10.23%, trading in the range of $60.06 to $72.22.

In the past 5 days, shares of ALK have made a new high 1 time. In the last month, it has made a new high 3 times, and in the past 3 months, it has made a new high 15 times.

Now let’s turn to this public company’s earnings. For the quarter ending 9/29/2019, the earnings per share (EPS) was reported at 2.63. This is a 0.11 difference compared to the consensus estimate of 2.52, amounting to an earnings surprise of 4.40%. In the previous quarter, which ended in 9/29/2019, the consensus estimate was 2.13, making for an earnings surprise of 1.90%. For the quarter ending 3/30/2019, EPS was reported at 0.17, generating a 41.70% earnings surprise.

The Net Income for the most recent full fiscal year, which ended in 12-2018, was $437.0 million. This is compared to the prior year, where Net Income was $960.0 million. Meanwhile, this company’s Operating Cash Flow was $1.2 billion for the year, compared to $1.59 billion in 2017. Capital Expenditures for the year were reportedly -$960.0 million, compared to -$1.03 billion, and Free Cash flow was $235.0 million compared to the prior year’s $564.0 million.

Alaska Air Group Inc. (ALK) stock currently has a Financial Strength score of 5/10. This is due to a combination of factors, including a Cash to Debt ratio of 0.48, an Equity to Asset ratio of 0.33, a Debt to Equity ratio of 0.79 and a Debt to EBITDA of 2.58. The Interest Coverage of this stock is 14.09, its Piotroski F-Score is 4, its Altman Z-Score is 1.9 and its Beneish M-Score is -2.96.

This publicly-traded company’s Profitability and Growth score is 8/10, thanks to a combination of things: an Operating Margin of 10.63, a Net Margin of 7.09, a ROE of 15.66, and a ROC of 11.34.

Shifting focus now to Valuation and Return for ALK, this company’s Price to Tangible Book is 3.76 and its Price to Median PS Value is 1.02. Price to Peter Lynch Fair Value for ALK is now 0.00, and this organization’s Price to Graham Number is 1.5. Meanwhile, its Forward Rate of Return (Yactman) is 4.5.

Certain ratios provide helpful insights into how a stock is performing. The Quick Ratio for ALK is sitting at 0.64, while its Current Ratio is 0.66 and its PEG Ratio is 3.37. This stock’s PB Ratio is 1.93, its PS Ratio is 0.97, its Forward PE Ratio is 9.92, and its PE Ratio without NRI is 13.52. Similarly, its Shiller PE Ratio is 14.57, its Price to Owner Earnings is 9.43, its Price to Free Cash Flow is 12.57 and its Price to Operating Cash Flow is 5.19.