Streetbeat News

ALK

Alaska Air Group, Inc.

https://www.alaskaair.com

Industry

Airlines, Airports & Air Services

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.

Open

63.15

Mkt cap

7.9B

Volume

2.9M

High

63.61

P/E Ratio

24.93

52-wk high

65.62

Low

62.17

Div yield

N/A

52-wk low

32.62

Alaska Airlines has announced a new nonstop service between San Diego International Airport and Ronald Reagan Washington National Airport, becoming the only airline to offer this direct route. This service enhances connectivity to the nation's capital.

Portfolio Pulse from

December 17, 2024 | 10:30 pm

Alaska Air Group (ALK) closed at $63.40, marking a +1.33% change from the previous trading day, indicating it exceeded market returns.

Portfolio Pulse from

December 17, 2024 | 12:15 am

Alaska Air's stock surged over 15% this week following a positive business update, as reported by S&P Global Market Intelligence.

Portfolio Pulse from

December 14, 2024 | 12:15 am

Analysts are optimistic about airline stocks, particularly U.S. companies, as they anticipate strong demand and efforts to build brand loyalty going into 2025.

Portfolio Pulse from

December 11, 2024 | 8:45 pm

Alaska Air (ALK) shares rose by 13.16% after the company increased its Q4 2024 adjusted earnings per share guidance to 40-50 cents, up from the previous 20-40 cents range.

Portfolio Pulse from

December 11, 2024 | 6:30 pm

Alaska Air (ALK) experienced a significant 13.2% increase in its stock price during the last trading session, accompanied by higher-than-average trading volume. The trend in earnings estimate revisions suggests potential for continued upward movement in the near term.

Portfolio Pulse from

December 11, 2024 | 1:00 pm

Alaska Airlines' stock surged 14% following a strategic update that revised Q4 and FY 2025 guidance upwards. The company aims to regrow margins to 11-13% by 2027, leveraging synergies from the Hawaiian Airlines acquisition and premium cabin retrofits. A multi-year price target of $80.87 suggests a 32% upside.

Portfolio Pulse from

December 10, 2024 | 8:30 pm

Alaska Air Group's shares surged by up to 17.9% on Tuesday, eventually closing with a 13.1% gain. This significant increase in stock price indicates positive investor sentiment or news impacting the company.

Portfolio Pulse from

December 10, 2024 | 6:45 pm

Alaska Air has increased its fiscal 2025 earnings outlook and announced a $1 billion share buyback program, indicating strong future growth prospects.

Portfolio Pulse from

December 10, 2024 | 5:30 pm

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