Alaska Air Group Inc
ALK:NYSE
| Last | Change / % Change | Dividend Yield | Volume |
| 35.08 | 0.46 1.33% | 0.00% | 569,186 |
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Latest News Headlines for Alaska Air Group Inc
Copa Holdings is Among the Companies in the Airlines Industry With the Highest Free Cash Flow Per Share (CPA, UAL, ALK)
Below are the three companies in the Airlines industry with the highest free cash flow per share. FCF/share is a valuable metric signaling a company's ability to facilitate growth in the business.Copa Holdings (NYSE:CPA) is highest with FCF per share of $8.26. Copa Holdings SA provides international airline passenger and cargo service. The Company provides scheduled flights to countries in North, Central and South America and the Caribbean. The Company also has codeshare arrangements with Continental Airlines. There is potential upside of 28.5% for shares of Copa Holdings based on a current price of $76.61 and an average consensus analyst price target of $98.45. The stock should find resistance at its 50-day moving average (MA) of $79.42, as well as support at its 200-day MA of $72.54.
Alaska Air Group (ALK) Showing Bearish Technicals But Could Break Through $35.41 Resistance
Alaska Air Group Inc. (NYSE: ALK) closed Wednesday's trading session at $34.45. In the past year, the stock has hit a 52-week low of $25.55 and 52-week high of $39.76. Alaska Air Group (ALK) stock has been showing support around $33.73 and resistance in the $35.41 range. Technical indicators for the stock are Bearish and S&P; gives Alaska Air Group (ALK) a positive 4 STARS (out of 5) buy rating. For a hedged play on Alaska Air Group (ALK), look at the Oct '12 $32.50 covered call for a net debit in the $31.35 area. That is also the break-even stock price for this trade. This covered call has a duration of 86 days, provides 9.00% downside protection and an assigned return rate of 3.67% for an annualized return rate of 15.57% (for comparison purposes only). Alaska Air Group (ALK) has a current trailing average dividend yield of 0%.
Analysis of Relative Performance in the Airlines Industry for Shares of US Airways Group (LCC, HA, LUV, ALK, JBLU)
View more recent headlinesHere are 5 stocks in the Airlines industry ranked by performance. We compiled the trading activity from yesterday and then analyzed the industry looking for stocks that were underperforming. This is what we found:
Company Background
Alaska Air Group, Inc. (Air Group) is the holding company for Alaska Airlines and Horizon Air. The Company has two principal subsidiaries: Alaska Airlines, Inc. (Alaska) and Horizon Air Industries, Inc. (Horizon), which provides scheduled air transportation for passengers and cargo throughout the United States, Canada and Mexico. During the year ended December 31, 2011, it provided air service to approximately 24 million passengers and flew to approximately 100 destinations. Air Group has two operating airlines: Alaska Airlines and Horizon Air. It offers frequent flyer program, the Alaska Airlines Mileage Plan. Members can earn and redeem miles on Alaska, Horizon, and a network of 15 airline partners around the globe, including Delta Air Lines and American Airlines in the United States. The Company launched mobile applications for Android and iPhone smart phones. During 2011, the Company terminated the underlying subleases and sold the remaining Q200 aircraft.
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 34.57 | Previous Close 34.62 |
Day High 35.34 | Day Low 34.05 |
52wk High/Date 39.765 / 2/3/2012 | 52wk Low/Date 25.55 / 10/4/2011 |
Beta (5 Yr) 0.6 | Market Capitalization 2.5B |
Shares Outstanding 70.9M | Volatility Avg 36.75 |
Avg Vol(10 day) 831.4K | P/E Ratio 10.2x |
EPS(TTM) 3.44 | Yield 0.00% |
Dividend Announcement -- | Ex-Date -- |
Payable 0.00 - -- | Payable Date -- |
Date of Record -- | |
Last Trade as of 7/27/2012 4:02 PM ET | |
ALK Alaska Air Group Inc vs. Peers
| Peers | |
|---|---|
ALK Alaska Air Group Inc | -6.57% |
Southwest Airlines Co. | 3.97% |
US Airways Group, Inc. | 123.87% |
JetBlue Airways Corporation | 4.62% |
Allegiant Travel Company | 29.73% |
ALK Alaska Air Group Inc | 0.00% |
Southwest Airlines Co. | 0.45% |
US Airways Group, Inc. | -- |
JetBlue Airways Corporation | -- |
Allegiant Travel Company | -- |
ALK Alaska Air Group Inc | 1.33% |
Southwest Airlines Co. | 2.53% |
US Airways Group, Inc. | 1.43% |
JetBlue Airways Corporation | 4.62% |
Allegiant Travel Company | 1.05% |