Should You Sell Alaska Air Group Inc (ALK) And Go Away This Year?

Alaska Air Group Inc (NYSE:ALK) currently has a daily average trading volume of 3.83M but it saw 3669881 shares traded in last market. With a market cap of 6.08B USD, the company’s current market price of $50.11 came rising about 0.68 while comparing to the previous closing price of $49.77. In past 52 weeks, the stock remained buoying in the range of price level as high as $78.08 and as low as $32.62.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the TD Cowen which reiterated the stock as “Buy” in its note to investors issued on April 25, 2025, recommending a price target of between $54 and $62 for it. UBS downgraded its recommendation for the stock as a “Neutral” from “Buy” on April 07, 2025 while assigning a price target of $54. TD Cowen also issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $85 and $110.

Over the week, ALK’s stock price is moving -5.42% down while it is 8.67% when we observe its performance for the past one month. Year-to-date it is -22.61% down and over the past year, the stock is showing an upside performance of 14.17%.

Currently, Alaska Air Group Inc’s total number of outstanding shares is 122.88M with 0.57% of that held by the insiders while 93.33% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.73% and return on equity (ROE) at 8.90%. It has a price to earnings ratio (P/E ratio) of 18.21 while having a 7.93 of forward P/E ratio. Stock’s beta reads 1.43. Stock has a price to book (P/B) ratio of 1.49 while price to sale or P/S ratio amounts to 0.48. Its return on asset (ROA) is 2.08% on average.