In fact, Alaska Air shares have plummeted 40.3% over the past five years. Given the significant pullback in ALK’s shares currently, investors might be tempted to snap up the stock.

Alaska Air raised its third-quarter 2024 adjusted earnings per share guidance to $2.15-$2.25 compared with the previous range of $1.40-$1.60. ALK now expects its third-quarter 2024 revenue per ...

Looking at a slightly longer term, ALK stock is down 24% from levels seen in late 2020, compared to a 5% rise in the broader S&P500 index. This 24% fall for ALK can be attributed to 1. the company ...

ALK's top line is benefiting from the uptick in air travel demand, with consolidated traffic (measured in revenue passenger miles) rising 8% to 16.97 billion in the third quarter of 2024.

We at Insider Monkey have gone over 817 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds’ and investors’ portfolio positions ...

ALK has seen stronger estimate revision activity and sports more attractive valuation metrics than LUV, so it seems like value investors will conclude that ALK is the superior option right now. 5 ...

ALK stock has suffered a sharp decline of 30% from levels of $50 in early January 2021 to around $35 now, vs. an increase of about 30% for the S&P 500 over this roughly three-year period.

Summary. In December of 2023, Alaska Air Group (NYSE:ALK) announced its pending acquisition of Hawaiian Holdings (formerly “HA”), for $1.9 billion in cash.At the time, it was touted as a way ...