Return Trends At Alaska Air Group (NYSE:ALK) Aren't Appealing [Yahoo! Finance]
Alaska Air Group, Inc. (ALK)
Last alaska air group, inc. earnings: 1/28 04:01 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.alaskaair.com/investors
Company Research
Source: Yahoo! Finance
In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. In light of that, when we looked at Alaska Air Group NYSE:ALK ) and its ROCE trend, we weren't exactly thrilled. Understanding Return On Capital Employed (ROCE) For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. The formula for this calculation on Alaska Air Group is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.078 = US$780m ÷ (US$15b - US$4.8b) (Based on the trailing twelve months to March 2024) Thus, Alaska Air Group has an ROCE of 7.8%. In absolute terms, that's a low return but it's around the Airlines industr
Show less
Read more
Impact Snapshot
Event Time:
ALK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ALK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ALK alerts
High impacting Alaska Air Group, Inc. news events
Weekly update
A roundup of the hottest topics
ALK
News
- Outgoing Boeing CEO to stay on board as safety concerns linger [Yahoo! Finance]Yahoo! Finance
- Alaska Air and United upgraded at Wolfe on strong fundamentals for legacy carriers [Seeking Alpha]Seeking Alpha
- Alaska Air Group, Inc. (NYSE: ALK) was upgraded by analysts at Wolfe Research from a "peer perform" rating to an "outperform" rating. They now have a $55.00 price target on the stock.MarketBeat
- Hey Canada! Alaska Airlines launches new nonstop service between Seattle and Toronto [Yahoo! Finance]Yahoo! Finance
- Hey Canada! Alaska Airlines launches new nonstop service between Seattle and TorontoPR Newswire
ALK
Earnings
- 4/18/24 - Beat
ALK
Sec Filings
- 5/13/24 - Form 4
- 5/13/24 - Form 4
- 5/13/24 - Form 4
- ALK's page on the SEC website