L'intérêt à découvert pour Alaska Air Gr donne aux investisseurs une idée du degré auquel les investisseurs parient sur la baisse de l'action de Alaska Air Gr. Les données sur l'intérêt à découvert sont mises à jour toutes les deux semaines.

Alaska Air Gr (NYSE:ALK) Stock, Rapport sur les intérêts à découvert

Alaska Air Gr

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.

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The latest trading session saw Alaska Air Group (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/alk#NYSE">ALK</a>) ending at $42.96, denoting a +0.37% adjustment from its last day&#39;s close. The stock&#39;s performance was ahead of the S&amp;P 500&#39;s daily loss of 0.21%. Meanwhile, the Dow experienced a drop of 0.14%, and the technology-dominated Nasdaq saw a decrease of 0.05%.
The airline&#39;s shares have seen an increase of 8.38% over the last month, surpassing the Transportation sector&#39;s gain of 2.88% and the S&amp;P 500&#39;s gain of 5.94%.
The investment community will be closely monitoring the performance of Alaska Air Group in its forthcoming earnings report. It is anticipated that the company will report an EPS of $2.20, marking a 20.22% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $2.99 billion, reflecting a 5.21% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.24 per share and a revenue of $10.75 billion, indicating changes of -6.4% and +3.15%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for Alaska Air Group. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company&#39;s business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we&#39;ve crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.79% upward. Alaska Air Group is currently a Zacks Rank #3 (Hold).
Valuation is also important, so investors should note that Alaska Air Group has a Forward P/E ratio of 10.09 right now. This denotes a discount relative to the industry&#39;s average Forward P/E of 10.16.
Also, we should mention that ALK has a PEG ratio of 0.66. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company&#39;s expected earnings growth rate into account. As the market closed yesterday, the Transportation - Airline industry was having an average PEG ratio of 0.82.
The Transportation - Airline industry is part of the Transportation sector. This industry, currently bearing a Zacks Industry Rank of 50, finds itself in the top 20% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
<a href="https://www.zacks.com/stock/news/2349097/alaska-air-group-alk-ascends-while-market-falls-some-facts-to-note?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_6v3-2349097">To read this article on Zacks.com click here.</a>

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Alaska Air Group Ascends While Market Falls: Some Facts to Note

Susquehanna analyst Christopher Danely maintains Alaska Air Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) with a Neutral and raises the price target from $40 to $45.

Price Target

Susquehanna Maintains Neutral on Alaska Air Gr, Raises Price Target to $45

Ratings for Alaska Air Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) were provided by 7 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $53.0, along with a high estimate of $70.00 and a low estimate of $41.00. A 2.63% drop is evident in the current average compared to the previous average price target of $54.43. 
<img src="https://www.benzinga.com/files/images/story/2024/1727960429_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
A comprehensive examination of how financial experts perceive Alaska Air Gr is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Duane Pfennigwerth</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$55.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Helane Becker</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Buy</td>
<td>$50.00</td>
<td>$52.00</td>
</tr>
<tr>
<td>Andrew Didora</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$55.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Helane Becker</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$52.00</td>
<td>$51.00</td>
</tr>
<tr>
<td>Stephen Trent</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Buy</td>
<td>$48.00</td>
<td>$51.00</td>
</tr>
<tr>
<td>Ravi Shanker</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$70.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Christopher Danely</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$41.00</td>
<td>$42.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Alaska Air Gr. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Alaska Air Gr compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Alaska Air Gr's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
For valuable insights into Alaska Air Gr's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/ALK/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Alaska Air Gr analyst ratings.</a>
<h2>Delving into Alaska Air Gr's Background</h2>
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.
<h3>Alaska Air Gr: A Financial Overview</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Alaska Air Gr's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 2.08%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Net Margin: Alaska Air Gr's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.59% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Alaska Air Gr's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 5.36%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Alaska Air Gr's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.46%, the company showcases efficient use of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.92, Alaska Air Gr adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>What Are Analyst Ratings?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
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A Closer Look at 7 Analyst Recommendations For Alaska Air Gr

Evercore ISI Group analyst Duane Pfennigwerth maintains Alaska Air Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) with a Outperform and lowers the price target from $60 to $55.

Evercore ISI Group Maintains Outperform on Alaska Air Gr, Lowers Price Target to $55

TD Cowen analyst Helane Becker maintains Alaska Air Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) with a Buy and lowers the price target from $52 to $50.

TD Cowen Maintains Buy on Alaska Air Gr, Lowers Price Target to $50

Alaska Air Group, Inc. (the "Company") today announced the pricing of the previously announced private offering (the "Offering") of (i) $625 million aggregate principal amount of 5.021% Senior Secured Notes due 2029 and $625 million aggregate principal amount of 5.308% Senior Secured Notes due 2031 (the "Notes") by AS Mileage Plan IP, Ltd. ("Loyalty Issuer"), an exempted company incorporated with limited liability under the laws of the Cayman Islands and an indirect, wholly-owned subsidiary of the Company and (ii) $750 million senior secured Term Loan B due 2031 (the "Loyalty Term Loan Facility" and, together with the Notes the "Loyalty Financings"). The aggregate amount of the Offering was increased to $1,250 million from the previously announced offering size of $750 million in aggregate principal amount of Notes.
The Company expects to close the Loyalty Financings on or about October 15, 2024, subject to the satisfaction of customary conditions. Loyalty Issuer intends to use the net proceeds received from the Offering, together with borrowings under the Loyalty Term Loan Facility, in each case, after deducting fees and expenses payable by the Company, (i) to fund the reserve account for the Notes and the Loyalty Term Loan Facility and (ii) to fund a collection account, and the proceeds deposited into the collection account will be used to make an intercompany loan to Alaska Airlines, Inc ("Alaska") on the closing date of the Offering (the "Intercompany Loan"). Alaska intends to use the proceeds from the Intercompany Loan (i) to redeem or repay certain outstanding debt acquired or assumed in the merger of the Company with Hawaiian Airlines pursuant to an Agreement and Plan of Merger dated as of December 2, 2023, including to redeem Hawaiian's 11.000% senior secured notes due 2029 at par and its 5.750% senior secured notes due 2026, and (ii) for general corporate purposes and to support its liquidity position.

Offerings

Reported Earlier, Alaska Air Group Priced $1.25B Upsized Senior Secured Notes Offering (Up From Prior $750M)

WIIM

ABNB

BKNG

JBLU

NCLH

RYAAY

SAVE

TRIP

Shares of travel and hotel-related stocks are trading lower amid heightening geopolitical tensions after Iran launched a missile attack on Israel, which could impact global travel demand.

GBTG

LIND

MESA

TNLIF

ULCC

VLRS

Shares of travel and hotel-related stocks are trading lower amid heightening geopolitical tensions after a report suggesting Iran could be preparing to attack Israel. This could negatively impact travel demand.

Alaska Air Group, Inc. (the "Company") today announced that it has launched a private offering (the "Offering") of senior secured notes due 2029 and senior secured notes due 2031 (together, the "Notes") by AS Mileage Plan IP Ltd. ("Loyalty Issuer"), an exempted company incorporated with limited liability under the laws of the Cayman Islands and an indirect, wholly-owned subsidiary of the Company.
The Notes will be (i) fully and unconditionally guaranteed on a senior secured basis, jointly and severally, by Alaska Airlines, Inc. ("Alaska") and AS Mileage Plan Holdings Ltd. and on an unsecured basis by the Company (together, the "Guarantors") and (ii) secured, on a senior, first-priority basis by the Guarantors' (other than the Company) right, title and interest in certain collateral associated with Alaska's customer loyalty program, Alaska Airlines Mileage Plan&#x2122;.

Alaska Air Group Has Launched A Private Offering Of Senior Secured Notes Due 2029 And Senior Secured Notes Due 2031

AZUL

Shares of airline stocks are trading higher in sympathy with Southwest, which gained after a Q3 guidance update.

Downgrades

Moody's Downgrades Alaska Air Group's Issuer Rating To Ba1, Assigns Baa2 Rating To Loyalty Financing; Outlook Negative

FAA Administrator To Tell Congress Tuesday Agency Will Hold Boeing Accountable For Having Effective System In Place To Ensure Safe Airplanes; Says It Will Revamp Its Safety Management System, Seeks More Real-Time Insights Into Safety Trends

Alaska Air Group, Inc. (the "Company") today announced that it launched a proposed senior secured term loan facility and intends to issue additional pari passu senior secured debt (collectively, the "Mileage Plan Financing").&nbsp; The aggregate principal amount of the Mileage Plan Financing is expected to be $1.5 billion.
The borrower under the Mileage Plan Financing is AS Mileage Plan IP Ltd. ("Borrower"), an exempted company incorporated with limited liability under the laws of the Cayman Islands and an indirect, wholly owned subsidiary of the Company.
The Mileage Plan Financing will be (i) fully and unconditionally guaranteed on a senior secured basis, jointly and severally, by Alaska Airlines, Inc. ("Alaska") and AS Mileage Plan Holdings Ltd. and on an unsecured basis by the Company (together, the "Guarantors") and (ii) secured, on a first-priority basis by the Guarantors' right, title and interest in certain collateral associated with Alaska's customer loyalty program, Alaska Airlines Mileage Plan&#x2122;.

Financing

Alaska Air Group Launches Proposed Senior Secured Term Loan Facility And Intends To Issue Additional Pari Passu Senior Secured Debt, Mileage Plan Financing Expected To Be $1.5B

Alaska Airlines Expands Cargo Division Following Hawaiian Airlines Merger, Names Ian Morgan VP Of Cargo And Jason Berry Executive VP Of Cargo For Alaska Air Group

Alaska Airlines CEO Says Boeing Strike Unlikely To Significantly Impact Carrier Unless Prolonged; Notes Significant Improvement At Boeing, Expects 737 MAX 10 Deliveries By Mid-2026

Alaska Airlines Completes Acquisition Of Hawaiian Airlines, Expanding Access To 141 Direct Destinations And Over 1,200 Global Destinations, While Maintaining Both Brands And Offering Free Mile Transfers Between Loyalty Programs

Now that final clearance has been received from regulators, Alaska Airlines can close the transaction and shift focus to obtaining a single operating certificate from the Federal Aviation Administration (FAA).&nbsp;
When the combination was announced, it was shared that Hawaiian Airlines President and CEO&nbsp;Peter Ingram&nbsp;would step down from his role following the transaction close. Current Alaska Airlines regional president of Hawai&#39;i/Pacific,&nbsp;Joe Sprague, will be named chief executive officer of Hawaiian Airlines.
In this role, Sprague will be responsible for leading all aspects of Hawaiian Airlines&#39; operations until the FAA grants&nbsp;Alaska&nbsp;a single operating certificate.

Management

Alaska Air Reveals Interim Honolulu Leadership Team Will Lead The Hawaiian Airlines Operation

<a href="https://www.regulations.gov/document/DOT-OST-2024-0084-0005" title="https://www.regulations.gov/document/DOT-OST-2024-0084-0005">https://www.regulations.gov/document/DOT-OST-2024-0084-0005</a>
<a href="https://www.regulations.gov/document/DOT-OST-2024-0084-0005" title="https://www.regulations.gov/document/DOT-OST-2024-0084-0005">https://www.regulations.gov/document/DOT-OST-2024-0084-0005</a>

U.S. Department Of Transportation Grants Alaska Airlines And Hawaiian Airlines Temporary Exemption For Common Ownership Under Alaska Air Group, Pending Final Decision On Route Authority Transfer

In the preceding three months, 5 analysts have released ratings for Alaska Air Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>), presenting a wide array of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $53.2, along with a high estimate of $70.00 and a low estimate of $41.00. Highlighting a 1.12% decrease, the current average has fallen from the previous average price target of $53.80. 
<img src="https://www.benzinga.com/files/images/story/2024/1726246823_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
A clear picture of Alaska Air Gr's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Andrew Didora</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$55.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Helane Becker</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$52.00</td>
<td>$51.00</td>
</tr>
<tr>
<td>Stephen Trent</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Buy</td>
<td>$48.00</td>
<td>$51.00</td>
</tr>
<tr>
<td>Ravi Shanker</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$70.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Christopher Danely</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$41.00</td>
<td>$42.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Alaska Air Gr. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Alaska Air Gr compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Alaska Air Gr's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Alaska Air Gr's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/ALK/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Alaska Air Gr analyst ratings.</a>
<h2>Discovering Alaska Air Gr: A Closer Look</h2>
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.
<h3>Breaking Down Alaska Air Gr's Financial Performance</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Over the 3 months period, Alaska Air Gr showcased positive performance, achieving a revenue growth rate of 2.08% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Alaska Air Gr's net margin is impressive, surpassing industry averages. With a net margin of 7.59%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 5.36%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Alaska Air Gr's ROA excels beyond industry benchmarks, reaching 1.46%. This signifies efficient management of assets and strong financial health.
Debt Management: Alaska Air Gr's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.92.
<h2>The Significance of Analyst Ratings Explained</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
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Expert Outlook: Alaska Air Gr Through The Eyes Of 5 Analysts

B of A Securities analyst Andrew Didora maintains Alaska Air Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) with a Buy and raises the price target from $50 to $55.

B of A Securities Maintains Buy on Alaska Air Gr, Raises Price Target to $55

The World Opens To Alaska Airlines With Its Merger Approval

Alaska Airlines ground flights out of Seattle for a few hours due to a tech outage

Alaska Air ( ($ALK) ) has shared an update. Alaska Air Group, Inc. has secured a new Revolving Credit Facility with an initial commitment of $850 m...

Alaska Air Bolsters Finances with New Credit and Loyalty Assets

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Alaska Air Group: What Is The Stock Worth After Hawaiian Airlines Takeover?

Eyes on the skies: Airline stocks break out after Southwest Airlines reset

Analyst Andrew Didora of Bank of America Securities maintained a Buy rating on Alaska Air (ALK – Research Report), retaining the price target of $5...

Buy Rating Affirmed for Alaska Air Following Strategic Acquisition of Hawaiian Airlines

Alaska Air upsizes and prices senior notes

Alaska Air (ALK – Research Report), the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Helane Becker from TD Cow...

Alaska Air's Acquisition of Hawaiian Holdings: Long-Term Synergies Outweigh Short-Term Earnings Dilution

CPI read: Airfares move higher in September to make it four months out of five

ALGT

JETS

SKYW

SNCY

Press Releases

Alaska Airlines completes acquisition of Hawaiian Airlines, expanding benefits and choice for travelers

Alaska Air Group announces Investor Day in December

Alaska Airlines expands cargo division and establishes new leadership and enterprise oversight post merger with Hawaiian Airlines

Alaska Air Group announces proposed Mileage Plan financing

Contracts

Hawaiian Airlines Now Offering Fast and Free Starlink Wi-Fi Across Entire Airbus Fleet

Alaska Air Group Announces Proposed Senior Secured Notes Offering

Alaska Airlines inaugurates service on five new routes

Alaska Air Group Announces Pricing of Upsized Senior Secured Notes Offering

Alaska Airlines and UP.Labs launch Odysee, an AI-enabled startup taking a new approach to schedule optimization

Alaska Airlines unveils top Fall travel trends: Hawaiʻi and hidden gem destinations dominate

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