Health Care

Alaska Air Group, Inc. (ALK)

The stock is now showing YTD performance of -26.32 Percent.

A number of other research analysts have also recently commented on the company. Morgan Stanley reaffirmed an overweight rating on shares of Alaska Air Group in a research note on Tuesday, September 12th. Imperial Capital initiated coverage on shares of Alaska Air Group in a report on Friday, September 23rd. Cowen and Company cut their target price on Alaska Air Group from $100.00 to $89.00 and set an outperform rating on the stock in a research note on Thursday. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell.

The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -25.01%, and has a solid year to date (YTD) performance of -26.32% which means that the stock is constantly adding to its value from the previous fiscal year end price. Cypress Wealth Advisors LLC lifted its holdings in Alaska Air Group by 1.3% during the 1st quarter. The company's 50 day moving average is $68.92 and its 200-day moving average is $67.40.

$65.26 and $70.46. The company operates in the Industrials sector with a market capitalization of 8.08 Million. (NYSE:ALK) had its price objective decreased by Barclays PLC from $100.00 to $90.00 in a research note released on Thursday.

F5 Networks, Inc. (FFIV) surprised the stock market in its last reported earnings when it earned $2.44 a piece versus the consensus-estimated $2.21. Alaska Air Group had a net margin of 10.34% and a return on equity of 28.74%. The business had revenue of $2.12 billion during the quarter, compared to analysts' expectations of $2.13 billion. The company's quarterly revenue was up 35.4% compared to the same quarter a year ago. The business's revenue was up 35.4% on a year-over-year basis. Alaska Air Group, Inc. has 123.57 million shares outstanding, and in the last trade has seen ATR around 2.56.

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TRADEMARK VIOLATION NOTICE: This report was originally reported by StockNewsTimes and is owned by of StockNewsTimes. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of United States & global copyright law. The original version of this report can be accessed at BidaskClub cut Alaska Air Group from a "hold" rating to a "sell" rating in a report on Thursday, July 27th. Following the completion of the sale, the executive vice president now owns 21,328 shares in the company, valued at $1,834,847.84. Following the sale, the chairman now directly owns 140,346 shares of the company's stock, valued at approximately $12,045,897.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Alaska Air Group, Inc. has a beta of 0.94, offering the possibility of a higher rate of return, but also posing more risk. The shares were sold at an average price of $86.03, for a total transaction of $202,170.50. (ALK). The consensus rating is 1.9, indicating analysts in general look favorably on the company's future prospects. Institutional investors own 87.33% of the company's stock. Schroder Investment Management Group boosted its holdings in shares of Alaska Air Group by 41.2% in the 2nd quarter. Regentatlantic Capital LLC purchased a new position in Alaska Air Group during the third quarter valued at $200,000. JPMorgan Chase & Co. now owns 805,723 shares of the transportation company's stock valued at $72,323,000 after buying an additional 353,166 shares during the period. SNAK has lost -14.78% in the 1-month period. Over the past five trading sessions it is -17.06%; -12.94% for the month; -24.26% for the last quarter; -23.16% for the past six-months; and -8.08% for the last 12 months. Pacer Advisors Inc. now owns 2,169 shares of the company's stock valued at $126,000 after buying an additional 181 shares in the last quarter.

ILLEGAL ACTIVITY WARNING: "Alaska Air Group, Inc". Baltimore Capital Management Inc. now owns 38,570 shares of the transportation company's stock valued at $3,462,000 after buying an additional 32,195 shares during the period.

Alaska Air Group, Inc is the holding company of Alaska Airlines (Alaska), Virgin America Inc, Horizon Air (Horizon) and other business units.

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