With 2.51 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.73 million shares. During the session, the Airlines company that operates in wider Industrials sector, reached to the highest price of $75.54 whereas the lowest price it dropped to was $73.67. The 52-week range on ALK shows that it touched its highest point at $75.98 and its lowest point at $32.62 during that stretch. It currently has a 1-year price target of $87.71. ALK paid its most recent dividend on 1581638400, while the ex-dividend date for that was 1581638400. Beta for the stock currently stands at 1.50.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ALK was down-trending over the past week, with a drop of -0.03%, but this was up by 15.54% over a month. Three-month performance surged to 57.55% while six-month performance rose 121.46%. The stock gained 110.91% in the past year, while it has gained 14.92% so far this year. A look at the trailing 12-month EPS for ALK yields 3.05 with Next year EPS estimates of 7.87. For the next quarter, that number is -0.57. This implies an EPS growth rate of 25.06% for this year and 29.20% for next year. EPS is expected to grow by 27.47% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -13.02%.
Float and Shares Shorts:
At present, 126.94 million ALK shares are outstanding with a float of 126.47 million shares on hand for trading. On 2024-12-31, short shares totaled 6.58 million, which was 517.99998 higher than short shares on 1732838400. In addition to Mr. Benito Minicucci as the firm’s President, CEO & Director, Mr. Shane R. Tackett serves as its CFO & Executive VP of Finance.
Institutional Ownership:
Through their ownership of 0.88695997 of ALK’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, ALK reported revenue of $3072000000.0 and operating income of $415000000.0. The EBITDA in the recently reported quarter was $579000000.0 and diluted EPS was $1.84.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ALK since 10 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ALK analysts setting a high price target of 110.0 and a low target of 77.34, the average target price over the next 12 months is 87.22267. Based on these targets, ALK could surge 47.83% to reach the target high and rise by 3.94% to reach the target low. Reaching the average price target will result in a growth of 17.22% from current levels.
Analysts have provided yearly estimates in a range of $4.37913 being high and $4.33923 being low. For ALK, this leads to a yearly average estimate of $4.35918. Based on analyst estimates, the high estimate for the next quarter is $3.3 and the low estimate is $2.6. The average estimate for the next quarter is thus $3.0.
