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Alaska Air (ALK) Soars 22.6%: Is Further Upside Left in the Stock?
ZACKS· 2025-04-10 15:20
Alaska Air Group (ALK) shares ended the last trading session 22.6% higher at $50.27. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 23.6% loss over the past four weeks.The stock gained following President Donald Trump's announcement of a 90-day pause on most of the sweeping tariffs that were recently crushing stocks.This airline is expected to post quarterly loss of $0.69 per share in its upcoming report, which re ...
Here's Why Alaska Air Group (ALK) Fell More Than Broader Market
ZACKS· 2025-04-07 23:20
Company Performance - Alaska Air Group's stock closed at $43.87, reflecting a -1.3% change from the previous day, underperforming the S&P 500's loss of 0.23% [1] - Over the past month, shares have decreased by 26.7%, compared to the Transportation sector's decline of 24.11% and the S&P 500's drop of 12.13% [1] Upcoming Earnings - The company is expected to report earnings of -$0.68 per share, indicating a year-over-year growth of 26.09% [2] - Revenue is projected at $3.21 billion, representing a 43.67% increase from the same quarter last year [2] Annual Forecast - Zacks Consensus Estimates predict earnings of $5.88 per share and revenue of $14.71 billion for the year, reflecting increases of +20.74% and +25.35%, respectively, compared to the previous year [3] Analyst Projections - Recent shifts in analyst projections are crucial for understanding near-term business trends, with positive revisions suggesting a favorable outlook on the company's health and profitability [4] Stock Performance and Valuation - The Zacks Rank system indicates that Alaska Air Group currently holds a rank of 3 (Hold), with a recent EPS estimate decrease of 2.57% [6] - The company has a Forward P/E ratio of 7.56, which is higher than the industry's average of 6.7, and a PEG ratio of 0.28 compared to the industry average of 0.51 [7] Industry Context - The Transportation - Airline industry is ranked 156 out of over 250 industries, placing it in the bottom 38% [8]
Alaska Air Group announces webcast of first-quarter 2025 financial results
Prnewswire· 2025-04-07 20:38
SEATTLE, April 7, 2025 /PRNewswire/ -- Alaska Air Group Inc., the parent company of Alaska Airlines Inc., Hawaiian Airlines, Inc. and Horizon Air Industries Inc., will hold its quarterly conference call to discuss 2025 first quarter financial results at 11:30 a.m. EDT/ 8:30 a.m. PDT, Thursday, April 24, 2025. A webcast of the call will be available to the public at www.alaskaair.com/investors. An archive of the call will be posted on the website later that morning.The company will file its first-quarter res ...
Alaska Airlines to Launch New Flights for Boosting Connectivity
ZACKS· 2025-03-31 14:05
A long-haul, widebody Airbus A330-200 aircraft will operate on the route. The Pacific Northwest will be linked to South Korea via this route as Alaska Air develops the Seattle hub into a new global gateway. The carrier aims to serve at least 12 nonstop international destinations with widebody aircraft from Seattle by 2030. Daily flights between Seattle and Tokyo Narita will commence on May 12. The company's Seattle hub is the largest airline hub on the West Coast, serving more than 100 nonstop destinations ...
Alaska Airlines names new Vice President of Brand & Marketing
Prnewswire· 2025-03-18 15:00
Industry Veteran Eric Edge to Lead Brand Strategy and Marketing for Combined AirlineSEATTLE, March 18, 2025 /PRNewswire/ -- Alaska Airlines today announced the appointment of Eric Edge as Vice President of Brand & Marketing for both the Alaska Airlines and Hawaiian Airlines brands. In this role, Edge will oversee the marketing strategy that will deliver on the combined airline's long-term vision of connecting guests to the world with a remarkable travel experience rooted in safety, care and performance. ...
Why Alaska Air Group Stock Slipped This Week
The Motley Fool· 2025-03-14 19:29
Group 1: Company Performance - Alaska Air Group's stock fell as much as 13.7% this week, now down around 30% from recent highs earlier this year [1] - Total revenue grew 13% year over year to $11.7 billion, with premium and first-class cabin revenue increasing by 10% in the fourth quarter [5] - The company plans to grow its flight capacity by 2%-3% in 2025 compared to 2024, depending on Boeing deliveries [6] Group 2: Industry Outlook - Delta Air Lines forecasted a revenue slowdown for Q1 2025, reducing guidance from 7%-9% to 3%-4% due to falling corporate confidence and consumer trends [3] - Economic downturns can significantly impact the airline sector's profitability, leading to concerns about earnings power [2][3] - Most airline stocks, including Alaska Air Group, experienced a sell-off following Delta's announcement [4] Group 3: Strategic Positioning - Alaska Air Group is closing in on 10% market share in the U.S. when combined with Hawaiian Airlines, indicating strong market positioning [6] - The acquisition of Hawaiian Airlines is part of Alaska's strategy to build a premium airline presence on the West Coast and Pacific Ocean [5]
Alaska Air Group: A High-Flying Bargain
Seeking Alpha· 2025-03-11 07:44
Group 1 - The article discusses how SkyWest has successfully navigated industry challenges through a smart business model [1] - Nabeel Bukhari, a law graduate with expertise in financial analysis, provides insights into business dynamics by combining legal knowledge with financial insights [1] Group 2 - The article emphasizes the importance of integrating legal and financial perspectives in understanding business operations [1]
TDW+Co partners with Alaska Airlines & Hawaiian Airlines to Take Off with an Immersive Branded House in Austin
Prnewswire· 2025-03-05 19:48
Core Insights - TDW+Co is collaborating with Alaska Airlines and Hawaiian Airlines to create an immersive experience at the South by Southwest festival in Austin, TX, aimed at engaging a tech-savvy audience and showcasing innovations in travel [1][2][3] Group 1: Event Details - The event will take place on March 9, 2025, at Inn Cahoots in Austin, transforming the venue into an interactive hub for attendees to explore advancements in the airline industry [2][4] - The activation will feature live tech demonstrations, curated panels, and hands-on activities, providing guests with a first-hand look at innovations from both airlines [2][3] Group 2: Innovations Highlighted - Innovations showcased will include Alaska Airlines' electronic bag tag powered by BAGTAG and BagsID's AI-powered baggage recognition technology, emphasizing a future of streamlined travel [3][4] - Attendees will have the opportunity to personalize their experience through a "Vibe Quiz" to discover their ideal travel style and destination, while the "Future Gate Vision" will highlight the commitment to seamless airport experiences [3][4] Group 3: Company Background - TDW+Co is a community-based, purpose-driven agency that focuses on authentic brand engagement and is a certified minority-owned company with a diverse workforce [5] - Alaska Airlines and Hawaiian Airlines are subsidiaries of Alaska Air Group, operating hubs in major cities and serving over 140 destinations across North America, Latin America, Asia, and the Pacific [6]
Here's Why Investors Should Retain Alaska Air Stock Now
ZACKS· 2025-03-04 15:15
Alaska Air Group (ALK) is benefiting from an increased air travel demand scenario. The company’s labor-friendly approach is encouraging. However, ALK is grappling with high operating expenses and weak liquidity.Factors Favoring ALKThe uptick in air travel demand is boosting ALK's top line, with consolidated traffic (measured in revenue passenger miles) rising 35% to 19.1 billion in the fourth quarter of 2024. To meet this surge in demand, capacity (measured in available seat miles) grew 33% to 17.1 billion. ...
Flight Attendants of Alaska Air Vote in Favor of 3-Year Labor Deal
ZACKS· 2025-03-03 16:20
Core Points - Alaska Airlines' flight attendants approved a three-year deal that includes wage increases, boarding pay, and retroactive pay, with 95% of participating attendants voting in favor [1][2] - The new contract, effective from March 2, 2025, allows for immediate pay increases ranging from 18.6% to 28.3%, along with other benefits [2] - The previous contract became amendable in December 2022, and the new agreement follows intense negotiations [3] Company Performance - Alaska Air Group's shares have increased by 96.1% over the past year, significantly outperforming the Zacks Transportation-Airline industry [5] - The airline industry is currently experiencing a labor shortage, which has increased the bargaining power of flight attendants and pilots due to strong air travel demand [7] Industry Context - Other airlines, such as American Airlines, United Airlines, and Delta Air Lines, have also ratified significant contracts for their pilots, with pay increases ranging from 21% to 40.2% over various contract durations [8][9]