Alaska Air Group (NYSE:ALK – Get Rating) will release its earnings data before the market opens on Thursday, January 26th. Analysts expect Alaska Air Group to post earnings of $0.88 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.
Alaska Air Group Trading Down 0.7 %
NYSE ALK traded down $0.37 on Tuesday, reaching $49.73. The company had a trading volume of 1,182,482 shares, compared to its average volume of 1,398,309. The stock’s 50 day moving average is $45.83 and its 200-day moving average is $44.52. The stock has a market cap of $6.31 billion, a price-to-earnings ratio of 124.33 and a beta of 1.43. The company has a quick ratio of 0.79, a current ratio of 0.81 and a debt-to-equity ratio of 0.49. Alaska Air Group has a 52 week low of $38.19 and a 52 week high of $61.55.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the company. Covestor Ltd grew its holdings in shares of Alaska Air Group by 416.4% during the first quarter. Covestor Ltd now owns 568 shares of the transportation company’s stock worth $33,000 after buying an additional 458 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in Alaska Air Group by 19.9% during the first quarter. Geneos Wealth Management Inc. now owns 1,811 shares of the transportation company’s stock valued at $105,000 after purchasing an additional 300 shares during the last quarter. CENTRAL TRUST Co boosted its position in Alaska Air Group by 19.5% during the third quarter. CENTRAL TRUST Co now owns 2,141 shares of the transportation company’s stock valued at $84,000 after purchasing an additional 350 shares during the last quarter. Wetherby Asset Management Inc. acquired a new position in Alaska Air Group during the first quarter valued at approximately $201,000. Finally, Forum Financial Management LP acquired a new position in Alaska Air Group during the first quarter valued at approximately $202,000. 77.04% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Alaska Air Group Company Profile
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.
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