Alaska Air Group Inc. (ALK)
Alaska Air Statistics
Share Statistics
Alaska Air has 122.75M shares outstanding. The number of shares has increased by -3.31% in one year.
| Shares Outstanding | 122.75M |
| Shares Change (YoY) | -3.31% |
| Shares Change (QoQ) | -3.35% |
| Owned by Institutions (%) | 87.88% |
| Shares Floating | 122.49M |
| Failed to Deliver (FTD) Shares | 60 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 4.89M, so 3.98% of the outstanding shares have been sold short.
| Short Interest | 4.89M |
| Short % of Shares Out | 3.98% |
| Short % of Float | 5.33% |
| Short Ratio (days to cover) | 1 |
Valuation Ratios
The PE ratio is 20.68 and the forward PE ratio is 5.9. Alaska Air's PEG ratio is 0.29.
| PE Ratio | 20.68 |
| Forward PE | 5.9 |
| PS Ratio | 0.7 |
| Forward PS | 0.3 |
| PB Ratio | 1.87 |
| P/FCF Ratio | 44.63 |
| PEG Ratio | 0.29 |
Enterprise Valuation
Alaska Air has an Enterprise Value (EV) of 13.36B.
| EV / Sales | 1.14 |
| EV / EBITDA | 10.52 |
| EV / EBIT | 9.13 |
| EV / FCF | 73 |
Financial Position
The company has a current ratio of 0.61, with a Debt / Equity ratio of 1.46.
| Current Ratio | 0.61 |
| Quick Ratio | 0.58 |
| Debt / Equity | 1.46 |
| Debt / EBITDA | 5.03 |
| Debt / FCF | 34.93 |
| Interest Coverage | 4.01 |
Financial Efficiency
Return on Equity is 9.03% and Return on Invested Capital is 2.89%.
| Return on Equity | 9.03% |
| Return on Assets | 2% |
| Return on Invested Capital | 2.89% |
| Revenue Per Employee | $388.49K |
| Profits Per Employee | $13.08K |
| Employee Count | 30,207 |
| Asset Turnover | 0.59 |
| Inventory Turnover | 47.11 |
Taxes
| Income Tax | 150M |
| Effective Tax Rate | 27.52% |
Stock Price Statistics
The stock price has increased by 1.6% in the last 52 weeks. The beta is 1.37, so Alaska Air's price volatility has been higher than the market average.
| Beta | 1.37 |
| 52-Week Price Change | 1.6% |
| 50-Day Moving Average | 58.96 |
| 200-Day Moving Average | 51.44 |
| Relative Strength Index (RSI) | 39.99 |
| Average Volume (20 Days) | 3.77M |
Income Statement
In the last 12 months, Alaska Air had revenue of 11.73B and earned 395M in profits. Earnings per share was 3.13.
| Revenue | 11.73B |
| Gross Profit | 2.36B |
| Operating Income | 570M |
| Net Income | 395M |
| EBITDA | 1.27B |
| EBIT | 687M |
| Earnings Per Share (EPS) | 3.13 |
Balance Sheet
The company has 1.2B in cash and 6.39B in debt, giving a net cash position of -5.19B.
| Cash & Cash Equivalents | 1.2B |
| Total Debt | 6.39B |
| Net Cash | -5.19B |
| Retained Earnings | 4.93B |
| Total Assets | 19.77B |
| Working Capital | -2.38B |
Cash Flow
In the last 12 months, operating cash flow was 1.46B and capital expenditures -1.28B, giving a free cash flow of 183M.
| Operating Cash Flow | 1.46B |
| Capital Expenditures | -1.28B |
| Free Cash Flow | 183M |
| FCF Per Share | 1.45 |
Margins
Gross margin is 20.12%, with operating and profit margins of 4.86% and 3.37%.
| Gross Margin | 20.12% |
| Operating Margin | 4.86% |
| Pretax Margin | 4.64% |
| Profit Margin | 3.37% |
| EBITDA Margin | 10.82% |
| EBIT Margin | 4.86% |
| FCF Margin | 1.56% |
Dividends & Yields
ALK pays an annual dividend of $1.77, which amounts to a dividend yield of 2.16%.
| Dividend Per Share | $1.77 |
| Dividend Yield | 2.16% |
| Dividend Growth (YoY) | 7.14% |
| Payout Ratio | 57.63% |
| Earnings Yield | 4.84% |
| FCF Yield | 2.24% |
Analyst Forecast
The average price target for ALK is $59, which is 30.7% higher than the current price. The consensus rating is "Buy".
| Price Target | $59 |
| Price Target Difference | 30.7% |
| Analyst Consensus | Buy |
| Analyst Count | 12 |
Stock Splits
The last stock split was on Jul 10, 2014. It was a forward split with a ratio of 2:1.
| Last Split Date | Jul 10, 2014 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 1.15 |
| Piotroski F-Score | 7 |