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Tech leads rebound, Boeing slidesThis summary was created by AI, based on 3 opinions in the last 12 months.
Alaska Air Group (ALK-N) is a top pick for experts with an estimated upside potential of 31-36%. The company is expected to see large cost-saving synergies from its acquisition of Hawaiian, and it is reporting expanding margins in both passenger and cargo. Quarterly cash reserves are growing, while debt is retired and shares are being bought back. The stock experienced a price drop due to the grounding of its Max 9 fleet by Boeing, but it is now recovering following recently released earnings.
Is leaving the S&P. Shares sank today after taking over Hawaiian Airlines. Not worth chasing this.
Alaska Air Group is a American stock, trading under the symbol ALK-N on the New York Stock Exchange (ALK). It is usually referred to as NYSE:ALK or ALK-N
In the last year, 1 stock analyst published opinions about ALK-N. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Alaska Air Group.
Alaska Air Group was recommended as a Top Pick by on . Read the latest stock experts ratings for Alaska Air Group.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Alaska Air Group In the last year. It is a trending stock that is worth watching.
On 2024-04-26, Alaska Air Group (ALK-N) stock closed at a price of $43.96.
We reiterate ALK as a TOP PICK. The company expects its acquisition of Hawaiian to close in the next 18 months and they expect to see large cost-saving synergies. Quarterly cash reserves are growing, while debt is retired and shares bought back. It trades at 21x earnings and 1.2x book value. We recommend trailing up the stop (from $31) to $33, looking to achieve $51 -- upside potential of 31%. Yield 0%
(Analysts’ price target is $51.10)