|Bid||60.25 x 1400|
|Ask||60.62 x 1100|
|Day's Range||60.37 - 61.88|
|52 Week Range||53.39 - 74.83|
|Beta (3Y Monthly)||1.17|
|PE Ratio (TTM)||17.22|
|Earnings Date||Jul 24, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||1.40 (2.26%)|
|1y Target Est||72.13|
The Puget Sound region's second largest aerospace company supports and gives back to the communities of its workers in a variety of fun and unique ways.
Alaska Air (ALK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
If the Big Four airlines believe that they could win approval to acquire smaller airlines, there may be huge bidding wars for both Alaska Air and JetBlue, one analyst said.
More than 150,000 passengers have passed through Paine Field since Alaska Airlines and United Airlines started offering commercial flights from the terminal in March.
The bulls finally started fighting back late in the day, but it didn't matter. Even coming up off the intraday day low of 2,805.49, the S&P 500's close of 2,822.24 was still 1.19% worse than Wednesday's last trade.Source: Allan Ajifo via Wikimedia (Modified)Bank of America (NYSE:BAC) inflicted the most net damage, falling 2.5% for no particular reason other than it's a high-profile name that could easily fold if investors continue to broadly see stocks as liabilities. Advanced Micro Devices (NASDAQ:AMD) technically lost more ground though, off 3.8% simply by being a top tech name. Technology stocks are being seen as the most vulnerable group as trade tensions between China and the United States escalate.There were some winners, believe it or not, though not many. Top among that small group was L Brands (NYSE:LB). Shares of the parent company of Victoria's Secret and Bath & Body Works rallied 12.8% in response to a surprisingly promising first-quarter report.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Names That Are Screaming Stocks to Buy None of those tickers are promising trade prospects headed into Friday's action though … too volatile to be predictable. Take a look at the stock charts of Moody's (NYSE:MCO), Comcast (NASDAQ:CMCSA) and Alaska Air Group (NYSE:ALK) instead. Here's why. Alaska Air Group (ALK)Alaska Air Group shares have been all over the place since the middle of last year. While the 2017 and early 2018 selloff has been quelled, several recovery efforts in the meantime have also been quelled. In fact, ALK slipped to new 52-week lows in March, teasing of another prolonged downtrend.That disaster has so far been avoided, but Alaska Air is hardly back in an uptrend. Thanks to yesterday's action though -- and specifically, the placement of yesterday's bar -- this is a name to put back on your radar. Click to Enlarge * The big clue from Thursday is the way the stock pushed up and off of the purple 50-day moving average line to turn a loss into a gain (on a day the market was getting hammered, no less). * The next big line in the sand is the 200-day moving average line, plotted in white on both stock charts. And it is a biggie, acting as resistance a couple of times already this month. * Although prior rally efforts have all failed rather early on, the fact that the bulls keep swinging is telling in and of itself. Moody's (MCO)The past couple of weeks haven't just been unusually volatile for Moody's. They've been volatile in an unusual way. The swings have been rather extreme, not just big changes in the day-to-day closes, but entire low-to-high ranges that haven't overlapped much with the prior day's range. That's often a sign of more indecision than it seems there is on the surface.That indecision appears to have finally resulted in something of a death blow yesterday, although there's still one narrow escape path the bulls could take if they're willing to stick together. * 7 Marijuana Stocks to Play the CBD Trend Click to Enlarge * That 'death blow' is the break below the purple 50-day moving average line, underscored by the fact that MCO shares still managed to start the day above that mark. * It's only modestly meaningful given its young age, but the lower edge of the trading range plotted with white dashed lines on the daily chart is still holding up as support. * While that near-term support line remains intact, notice how much selling volume came pouring out of the woodwork on Thursday when the trouble solidified. * Zooming out to the weekly chart it becomes clear that Moody's overextended itself early in the year and is now ripe for some profit-taking. Comcast (CMCSA)Finally, it may not have fallen off the edge of the cliff just yet, but Comcast shares have defined exactly where that edge is. And, they did so right after touching what was the most logical place for the stock to make a major peak.If the bears can just get one or two more licks in, the already vulnerable CMCSA chart could topple in a big way. Click to Enlarge * The make-or-break level is right above $42, where Comcast shares found a bottom for a few days a couple of weeks back. The floor is marked with a yellow line on the daily chart. * In the meantime, the purple 50-day moving average line has moved into position to either serve as, or fail to act as, a technical floor right around that same level. * Backing out to the weekly chart it's clear that revisiting the early 2018 high around $43.85 presented some sort of psychological problem for the rally … not that CMCSA wasn't overbought as of last month anyway.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 5 Safe Stocks to Buy This Summer * The 5 Best Telecom Stocks to Buy Now * 6 Innovative Stocks With Big Long-Term Growth Potential Compare Brokers The post 3 Big Stock Charts for Friday: Alaska Air Group, Comcast and Moody's appeared first on InvestorPlace.
After delays, cost overruns and heated political debate, construction of Seattle-Tacoma International Airport's international arrivals terminal is advancing.
The Zacks Analyst Blog Highlights: SkyWest, United Continental, Southwest Airlines, American Airlines and Alaska Air
U.S. equities are on the slide again on Wednesday as the U.S.-China trade standoff continues to devolve into an outright trade war. President Trump is looking at expanding the number of Chinese firms that will lose access to American technology -- widening the crackdown on Huawei.China, in response, has begun to call for a boycott of American products and services, including Apple (NASDAQ:AAPL) iPhones. The fear now is that the tit for tat will increasingly threaten global supply chains and undermine efforts, on the part of Apple and other American companies, to focus on Chinese consumers as a growth market. * 10 Names That Are Screaming Stocks to Buy Outside of big tech stocks directly impacted by this, airline stocks are an industry group feeling the pressure on worries over a drag on both business and leisure travel as pan-Pacific relations worsen. Here are four airline stocks to sell.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Alaska Air Group (ALK) Click to EnlargeShares of Alaska Air Group (NYSE:ALK) have been turned away from double-top resistance at its 200-day moving average, setting up a test of its 50-day average and a likely return to the March lows. Such a move would be worth a loss of 10% from here. Despite the acquisition of Virgin America's assets, the stock has been stuck in the same trading range that it first reached back in 2015.The company will next report results on July 25 after the close. Analysts are looking for earnings of $1.84 per share on revenues of $2.2 billion. When the company last reported on April 25, earnings of 17 cents per share beat estimates by 2 cents on a 2.4% rise in revenues. Delta Airlines (DAL) Click to EnlargeDelta Airlines (NYSE:DAL) shares are cutting back below their 50-day moving average, turning away from prior highs near the $60-a-share level, setting up a likely violation of its 200-day moving average and a return to prior lows set back in January. Shares were recently downgraded by analysts at Morgan Stanley. * 10 Small-Cap Stocks That Look Like Bargains The company will next report results on July 10 before the bell. Analysts are looking for earnings of $2.16 per share on revenues of $12.2 billion. When the company last reported on April 10, earnings of 96 cents per share beat estimates by 5 cents on a 5.1% rise in revenues. American Airlines (AAL) Click to EnlargeAmerican Airlines (NASDAQ:AAL) is among the weakest names on this list, threatening to break down out of an eight-month pennant formation that's formed after multiple unsuccessful attempts to push above the 200-day moving average. The stock is already down some 50% from the highs set in early 2018 and looks ready to fall back to the lows set in the summer of 2016 near $24, which would be worth a loss of roughly 20% from here.The company will next report results on July 26 before the bell. Analysts are looking for earnings of $1.72 per share on revenues of $12 billion. When the company last reported on April 26, earnings of 52 cents per share beat estimates by 2 cents on a 1.8% rise in revenues. United Continental (UAL) Click to EnlargeShares of United Continental (NASDAQ:UAL) have fallen back below their 200-day moving average, testing a critical support line that can be traced back to the lows set in the summer of 2016. A breakdown would likely put the $60-a-share level in play, which would be worth a loss of nearly 30% from here. * The 7 Best Stocks to Buy From the IPO ETF The company will next report results on July 16 after the close. Analysts are looking for earnings of $4.09 per share on revenues of $11.4 billion. When the company last reported on April 16, earnings of $1.15 beat estimates by 19 cents on a 6.2% rise in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Safe Stocks to Buy for Anxious Investors * 4 Tech Stocks Looking Vulnerable * Should You Buy, Sell, Or Hold These 7 Hot IPO Stocks? Compare Brokers The post 4 Airline Stocks Crashing Back to Earth appeared first on InvestorPlace.
For Jason Berry, Managing Director of Alaska Air Cargo (NYSE: ALK) (a division of Alaska Airlines), it's that time of year when things get a little fishy. The opening of the Copper River salmon fishing season was last week, and early Friday morning, Alaska Air Cargo brought 18,000 pounds of the prized delicacy to Seattle-Tacoma International Airport (affectionately known as Sea-Tac) in Seattle, Washington, for distribution to hungry chefs and consumers in the Pacific Northwest and the rest of the lower 48 states. While this is a single commodity trafficked seasonally on a single lane, Berry knows that Alaska Air Cargo must be diversified to succeed outside of its namesake state, and building that awareness and perception is key.
The airline industry is gearing up for record high number of passengers this summer, driven by low airfare, decent job addition, uptick in household net worth and a robust U.S. economy.
One of the main ways airlines differentiate themselves is bag fees. While the most typical offering includes maybe a free carry-on and $30 for a checked bag, there are still some major outliers in the marketplace.
Alaska Air Group Inc NYSE:ALKView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low and declining Bearish sentimentShort interest | PositiveShort interest is low for ALK with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on May 17. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding ALK totaled $11.72 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
SEATTLE, May 17, 2019 /PRNewswire/ -- About 18,000 pounds of fresh Copper River salmon arrived on a fish-filled Alaska Airlines plane touching down at Seattle-Tacoma International Airport shortly after 6:30 a.m. Today officially marks the start of the salmon season that is anticipated by seafood lovers throughout the Pacific Northwest and beyond. "This year, we are flying in the first catch of coveted Copper River salmon on the largest flying salmon in the world – the Alaska Airlines Salmon-Thirty-Salmon," said Jason Berry, managing director at Alaska Air Cargo. "Supporting the Alaska seafood industry has been a core part of the airline's history.
The IATA invited airlines that use the Boeing 737 Max to meet next week to discuss difficulties from the grounding and next steps.
Southwest Airlines' (LUV) dividend hike and the new buyback plan are indicative of its shareholder-friendly stance. The company has returned in excess of $11 billion to its shareholders since 2010.
The deal offers smoother connectivity for Alaska Airlines’ passengers, who can travel between North America and Israel on EL AL, simultaneously earning Alaska Mileage Plan miles.
The new study details how the low-fare behemoth goes about developing strong (and lasting) emotional bonds with customers.
With traffic increasing and capacity declining, Alaska Air Group's (ALK) load factor improves in April. Additionally, the carrier extends its codeshare agreement with EL AL Israel Airlines.
TEL AVIV, Israel and SEATTLE, May 13, 2019 /PRNewswire/ -- EL AL Israel Airlines and Alaska Airlines today expanded their commercial relationship to include a reciprocal frequent flyer agreement. The agreement was signed by the CEOs of each airline at a ceremony soon after the arrival of the first EL AL flight from Tel Aviv to San Francisco and was attended by San Francisco Bay Area dignitaries and civic leaders.
SEATTLE , May 13, 2019 /PRNewswire/ -- Alaska Air Group Inc. today reported April operational results on a consolidated basis for its mainline operations operated by subsidiary Alaska Airlines Inc. and ...
Airline Stocks Beat Expectations in Q1(Continued from Prior Part)Bumpy rideAirline stocks have had a rough ride this year so far, with most underperforming the broader market. The US Global Jets ETF (JETS), which invests in passenger airlines, has
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Hawaii has become an important part of Alaska Airlines' route network over the past decade, but some of the carrier's Hawaii routes may not be sustainable in the face of rising competition.
Airline Stocks Beat Expectations in Q1(Continued from Prior Part)Utilization rateMany airline companies are focusing on traffic-driving initiatives such as disciplined capacity additions, marketing, and promotional offers to improve their