Look For Institutional Buying In Alaska Air Group Inc (NYSE: ALK)

Alaska Air Group Inc (ALK) concluded trading on Wednesday at a closing price of $44.65, with 4.57 million shares of worth about $204.13 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -0.09% during that period and on April 16, 2025 the price saw a loss of about -2.57%. Currently the company’s common shares owned by public are about 123.12M shares, out of which, 122.15M shares are available for trading.

Stock saw a price change of -11.18% in past 5 days and over the past one month there was a price change of -14.69%. Year-to-date (YTD), ALK shares are showing a performance of -31.04% which increased to 8.96% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $32.62 but also hit the highest price of $78.08 during that period. The average intraday trading volume for Alaska Air Group Inc shares is 3.50 million. The stock is currently trading -8.03% below its 20-day simple moving average (SMA20), while that difference is down -25.03% for SMA50 and it goes to -13.16% lower than SMA200.

Alaska Air Group Inc (NYSE: ALK) currently have 123.12M outstanding shares and institutions hold larger chunk of about 91.72% of that.

The stock has a current market capitalization of $5.48B and its 3Y-monthly beta is at 1.40. PE ratio of stock for trailing 12 months is 14.63, while it has posted earnings per share of $3.05 in the same period. Its PEG reads 0.69 and has Quick Ratio of 0.58 while making debt-to-equity ratio of 1.46. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ALK, volatility over the week remained 6.29% while standing at 6.37% over the month.

Stock’s fiscal year EPS is expected to rise by 0.14% while it is estimated to increase by 38.90% in next year. EPS is likely to grow at an annualized rate of 21.16% for next 5-years, compared to annual growth of -13.04% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on April 07, 2025 offering a Neutral rating for the stock and assigned a target price of $54 to it. Coverage by TD Cowen stated Alaska Air Group Inc (ALK) stock as a Buy in their note to investors on January 24, 2025, suggesting a price target of $110 for the stock. On January 07, 2025, Susquehanna Upgrade their recommendations, while on December 11, 2024, TD Cowen Reiterated their ratings for the stock with a price target of $78. Stock get a Buy rating from TD Cowen on December 04, 2024.

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