Shares of Alaska Air Group (ALK 2.30%) fell as much as 13.7% this week, according to data from S&P Global Market Intelligence. The fifth-largest airline in the U.S. and recent acquirer of Hawaiian Airlines slipped after other airlines reduced guidance for the first quarter due to macroeconomic factors.
Despite pandemic lows, Alaska Air rebounded strongly, demonstrating resilience and operational excellence, with stock prices recovering and showing no signs of slowing down. Q4 2024 results highlight significant revenue growth, profitability rebound, and effective cost management, positioning Alaska Air as one of the best-run carriers in the industry. Valuation metrics indicate Alaska Air stock is undervalued compared to the broader sector, presenting an attractive opportunity for value investors with potential for substantial upside.
ALK is bolstered by robust air travel demand. Shareholder-friendly initiatives are encouraging.
ALK's subsidiary Alaska Airlines flight attendants vote overwhelmingly in favor of the new deal.
Alaska Air flight attendants have ratified a new three-year labor contract, a union representing the workers said on Friday.
Here is how Alaska Air Group (ALK) and International Consolidated Airlines Group SA (ICAGY) have performed compared to their sector so far this year.
Alaska Air (ALK) reported earnings 30 days ago. What's next for the stock?
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.
Alaska Air (ALK) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Does Alaska Air Group (ALK) have what it takes to be a top stock pick for momentum investors? Let's find out.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Alaska Air (ALK) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.