Alaska Air Stock Target Price and Analyst Consensus

ALK Stock  USD 39.87  0.19  0.48%   
The current analyst and expert consensus on Alaska Air is Strong Buy with 4 hold recommendations. The current projected Alaska Air target price consensus is 51.58 with 13 analyst opinions. One of the most common ways Alaska Air Group analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Alaska Air vendors, executives, and/or customers. Alaska Air recommendation module provides expert sentiment on the projected Alaska Air Group target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Alaska Air to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
46.94
Highest Forecast
57.25
Target Price
51.58
At this time, Alaska Air's Pretax Profit Margin is quite stable compared to the past year. Operating Profit Margin is expected to rise to 0.09 this year, although the value of Gross Profit will most likely fall to about 1.4 B. At this time, Alaska Air's Property Plant And Equipment Net is quite stable compared to the past year. Net Debt is expected to rise to about 4.3 B this year, although the value of Common Stock Shares Outstanding will most likely fall to about 118 M.
  
It's important to approach Alaska Air's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Alaska Air Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Alaska target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Alaska Air's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   13  Strong Buy
Most Alaska analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Alaska stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Alaska Air Group, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Alaska Air Target Price Projection

Alaska Air's current and average target prices are 39.87 and 51.58, respectively. The current price of Alaska Air is the price at which Alaska Air Group is currently trading. On the other hand, Alaska Air's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Alaska Air Market Quote on 28th of March 2024

Low Price39.69Odds
High Price40.44Odds

39.87

Target Price

Analyst Consensus On Alaska Air Target Price

Low Estimate46.94Odds
High Estimate57.25Odds

51.58

Historical Lowest Forecast  46.94 Target Price  51.58 Highest Forecast  57.25
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Alaska Air Group and the information provided on this page.

Alaska Air Analyst Ratings

Alaska Air's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Alaska Air stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Alaska Air's financials, market performance, and future outlook by experienced professionals. Alaska Air's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Alaska Air price targets

Alaska Air's stock target price is an estimate of its future price, usually made by analysts. Using Alaska Air's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Alaska Air's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Alaska Air's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Alaska Air Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Alaska Air is a key component of Alaska Air valuation and have some predictive power on the future returns of a Alaska Air.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alaska Air's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
37.7039.8441.98
Details
Intrinsic
Valuation
LowRealHigh
35.8844.9447.08
Details
Naive
Forecast
LowNextHigh
39.1141.2543.40
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-1.9-0.91-0.49
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Alaska Air. Your research has to be compared to or analyzed against Alaska Air's peers to derive any actionable benefits. When done correctly, Alaska Air's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Alaska Air Group.

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When determining whether Alaska Air Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Alaska Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Alaska Air Group Stock. Highlighted below are key reports to facilitate an investment decision about Alaska Air Group Stock:
Check out Macroaxis Advice on Alaska Air to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for Alaska Stock analysis

When running Alaska Air's price analysis, check to measure Alaska Air's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alaska Air is operating at the current time. Most of Alaska Air's value examination focuses on studying past and present price action to predict the probability of Alaska Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alaska Air's price. Additionally, you may evaluate how the addition of Alaska Air to your portfolios can decrease your overall portfolio volatility.
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The data published in Alaska Air's official financial statements usually reflect Alaska Air's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Alaska Air Group. For example, before you start analyzing numbers published by Alaska accountants, it's critical to develop an understanding of what Alaska Air's liquidity, profitability, and earnings quality are in the context of the Passenger Airlines space in which it operates.
Please note, the presentation of Alaska Air's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Alaska Air's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Alaska Air's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Alaska Air Group. Please utilize our Beneish M Score to check the likelihood of Alaska Air's management manipulating its earnings.