Alaska Air Group ALK
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Alaska Air Group (ALK) Business Model and Operations Summary
Alaska Air Group Inc operates two airlines, Alaska and Horizon in three operating segments. The Alaska Airlines segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico, and Costa Rica. The Regional segment includes Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPA). The Hawaiian Airlines segment includes scheduled air transportation on Hawaiian's Boeing and Airbus aircraft for passengers and cargo. It earns revenues from Passenger tickets, including ticket breakage and net of taxes and fees, Passenger ancillary and Mileage Plan passenger revenue.
Key Insights
Alaska Air Group (ALK) Core Market Data and Business Metrics
Latest Closing Price
$49.04Market Cap
$6.07 BillionPrice-Earnings Ratio
19.54Total Outstanding Shares
123.08 Million SharesTotal Employees
33,941Dividend
$0.38 Per Share QuarterlyIPO Date
January 3, 1983SIC Description
Air Transportation, ScheduledPrimary Exchange
New York Stock ExchangeHeadquarters
19300 International Boulevard, Seattle, WA, 98188
Historical Stock Splits
If you bought 1 share of ALK before March 19, 2012, you'd have 2 shares today.
| Execution Date | Split Amount |
|---|---|
| March 19, 2012 | 2-for-1 |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 3,911,586 Shares | 1.24 | 3/14/2025 | 4,850,196 Shares |
| 2,452,513 Shares | 2.61 | 2/28/2025 | 6,391,060 Shares |
| 2,579,848 Shares | 2.4 | 2/14/2025 | 6,197,669 Shares |
| 3,061,072 Shares | 1.95 | 1/31/2025 | 5,968,536 Shares |
| 2,728,467 Shares | 2.37 | 1/15/2025 | 6,470,057 Shares |
| 3,195,523 Shares | 2.06 | 12/31/2024 | 6,575,497 Shares |
Cash Flow Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Financing Activities | $-152 Million |
| Net Cash Flow From Operating Activities, Continuing | $1.14 Billion |
| Net Cash Flow From Investing Activities | $-590 Million |
| Net Cash Flow, Continuing | $395 Million |
| Net Cash Flow | $395 Million |
| Net Cash Flow From Financing Activities, Continuing | $-152 Million |
Income Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Benefits Costs and Expenses | $10.28 Billion |
| Income Tax Expense/Benefit | $148 Million |
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0 |
| Net Income/Loss Attributable To Noncontrolling Interest | $0 |
| Diluted Average Shares | $127.97 Million |
| Nonoperating Income/Loss | $-59 Million |
Comprehensive Income
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $414 Million |
| Other Comprehensive Income/Loss | $92 Million |
| Comprehensive Income/Loss | $414 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
Balance Sheet
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Long-term Debt | $4.63 Billion |
| Equity Attributable To Noncontrolling Interest | $0 |
| Current Assets | $3.74 Billion |
| Assets | $19.56 Billion |
| Liabilities | $15.08 Billion |
| Other Current Assets | $223 Million |
Historical Dividends
Current dividend: $0.38 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 28, 2020 | Mar 5, 2020 | Feb 18, 2020 | $0.375 | Quarterly |
| Nov 7, 2019 | Dec 5, 2019 | Nov 19, 2019 | $0.35 | Quarterly |
| Aug 6, 2019 | Sep 5, 2019 | Aug 20, 2019 | $0.35 | Quarterly |
| May 9, 2019 | Jun 6, 2019 | May 21, 2019 | $0.35 | Quarterly |
| Jan 24, 2019 | Mar 7, 2019 | Feb 19, 2019 | $0.35 | Quarterly |
| Nov 1, 2018 | Dec 6, 2018 | Nov 20, 2018 | $0.32 | Quarterly |