Alaska Air Group (ALK) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this airline, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revision ...

Alaska Air Group (ALK) closed the last trading session at $41.69, gaining 18.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $53.90 indicates a 29.3% upside potential.The average comprises 10 short-term price targets ranging from a low of $41 to a high of $70, with a standard deviation of $8.67. While the lowest estimate indicates a decline of 1.7% from the current price level, ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Cool Company Ltd. (CLCO) : This operator of LNG carriers has seen the Zacks Consensus Estimate for its current year earnings increasing 9.1% over the last 60 days.Banco de Chile (BCH) : This banking and financial products and services company has seen the Zacks Consensus Estimate for its current year earnings increasing 10.2% over the last 60 days.Idaho Strategic Resources, Inc. (IDR) : This explorer and developer of gold, silver, and b ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, September 24th:Pampa Energia S.A. (PAM) : This intregrated power company engaging in transmission of electricity carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 20.8% over the last 60 days.Pampa has a price-to-earnings ratio (P/E) of 6.48, compared with 20.70 for the industry. The company possesses a Value Score  of A.Marubeni Corporation (MAR ...

SEATTLE, Sept. 23, 2024 /PRNewswire/ -- 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").  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 ...

Key TakeawaysAlaska Airlines said Monday that an IT issue caused a ground stop in Seattle late Sunday night, impacting the airline's website and a number of flights.The issue was resolved around 1 a.m. ET, the company said in responses to customer complaints on social media.The IT struggles of other airlines during the summer's CrowdStrike outage helped Alaska Airlines lift its revenue and profit projections earlier this month. Alaska Airlines (ALK) said an IT issue was behind an issue with its system that ...

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This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain Alaska Airlines said it grounded its flights in Seattle briefly on Sunday night due to "significant disruptions" from an unspecified technology problem that was resolved by about 10 p.m. local time. In comments from its account on X to customers complaining of delays and problems with the air ...

Following the acquisition of Hawaiian Airlines, the combined organization will shed light on future plansSEATTLE, Sept. 20, 2024 /PRNewswire/ -- Alaska Air Group, Inc. will hold an Investor Day presentation in New York City on Tuesday, Dec. 10, 2024. The event will feature presentations and a question-and-answer session with members of the Alaska Airlines executive leadership team. The company looks forward to sharing more information about its business plan and shared future with Hawaiian Airlines – includ ...