Stock in Focus: Alaska Air Group (ALK)

Company Profile:

Alaska Air Group, Inc., through its subsidiaries, provides passengers and cargo air transportation services. It also focuses on providing ground and ramp handling services to airlines. The company operates through three segments: Mainline, Regional, and Horizon. It has a network of approximately 1,200 daily flights to 118 destinations across the United States, Mexico, Canada, and Costa Rica. The company was founded in 1932 and is based in Seattle, Washington.

Recent News:

The company will announce its first quarter 2018 financial results on Monday, April 23, 2018. A conference call is scheduled at 8:30 a.m. Pacific time/11:30 a.m. Eastern time.

The company reported net income for the fourth quarter 2017 of $367 million, or $2.97 per diluted share, and net income for full-year 2017 of $1.0 billion, or $8.30 per diluted share.

 

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

ALK’s strengths can be seen in its better growth, strong profitability and better solvency compared with its peers. Its revenue has increased over recent several years. Technical indicators signal the bullish signs, as there is a bullish crossover in MACD and Stochastic Oscillator. RSI(14) stands at 55.01 with positive bias. We rate Alaska Air Group (ALK) a STRONG BUY.

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