Alert: New Earnings Report (1/26/21)-Alaska Air Group Inc. (NYSE: ALK).


Alaska Air Group Inc. (NYSE: ALK) has reported a loss for its fourth fiscal quarter (ending December 31) of $-3.47 versus $1.47 for the same period a year ago — a decline of -336%. Relative to the consensus estimate of $-2.93, this was a shortfall of $-0.54. For the latest four quarters through December 31, E.P.S. were $-10.59 compared to $6.24 a year ago — a decline of -270%.


Recent Price Action

Alaska Air Group Inc. (NYSE: ALK) stock suffered a large decline of -2.0% on 1/26/21. The stock closed at $51.83. Moreover, trading volume in this decline was above average at 146% of normal. Relative to the market the stock has been strong over the last nine months but has declined -3.4% during the last week.

Current PriceTarget Research Rating

ALK is expected to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.

Alaska Air has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Alaska Air has a slightly negative Appreciation Score of 32 but a slightly positive Power Rating of 64, resulting in the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

About John Lafferty 91533 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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