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How to Buy Alaska Air Group Stock

Alaska Air Group Inc

Alaska Air Group is a airline company located in Washington, United States, which is part of the Industrials sector, and is traded under the ticker ALK on the NYSE exchange.

Alaska Air Group stock last closed at $38.65, down 1.85% from the previous day, and has decreased 18.99% in one year. It has underperformed other stocks in the Airlines industry by 0.23 percentage points. Alaska Air Group stock is currently +25.69% from its 52-week low of $30.75, and -32.41% from its 52-week high of $57.18.

There are currently 126.05M ALK shares outstanding. The market capitalization of ALK is $4.87B. In the last 24 hours, 1.87M ALK shares were traded.

How to Buy Alaska Air Group Stock

Wondering how to invest in Alaska Air Group stock? Here's how.
  1. Choose where to buy Alaska Air Group stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Alaska Air Group stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your brokerage account: Select your method of payment and add your information.
  4. Analyze Alaska Air Group stock: The Alaska Air Group ticker symbol is ALK. Is Alaska Air Group stock a good investment? Should you buy shares of ALK? How do ALK's underlying business fundamentals look? Do top analysts think Alaska Air Group is a good buy? Why has ALK's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if ALK is a good stock to buy).
  5. Make your ALK purchase: Decide if you will purchase ALK shares at the current market price or use a limit order to buy ALK shares at a specific price.
  6. Keep an eye on your ALK investment: Create a watchlist to monitor your new investment in Alaska Air Group stock.

Step 1: Choose where to buy Alaska Air Group stock

You will need a brokerage account in order to access the NYSE market and buy ALK shares.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

We believe that eToro is the best brokerage. Here's why:

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Step 2: Sign up for your brokerage account

Now that you've chosen the right brokerage, you'll need to fill out some personal information so you can buy ALK today.

How to Set Up a New Account on eToro

  1. Click here to get started.
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  2. Enter your personal details to start your new brokerage account.
  1. Send your details by pressing the "Create Account" button.
  2. Get started with eToro today
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Step 3: Deposit funds into your brokerage account

Now that you've created your account on apps for stocks, you can securely and quickly fund your account:

Check out the tutorial below for more details depositing funds into your new brokerage account.

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Step 4: Analyze Alaska Air Group stock

Once you have decided on the best place to buy Alaska Air Group stock, it's crucial to research their stock before you invest, so you truly wrap your head around the risk as well as the opportunity.

Alaska Air Group stock at a glance

ALK Price
$38.65
1w %
3.01%
1y %
-18.99%
5y %
-38.41%
P/E
21.01x
P/B
1.18x
P/S
0.47x
PEG
0.14x
Revenue
$10.43B
Earnings
$235.00M
Fore. Rev. Growth
5.05%
Fore. Earn. Growth
168.85%
Market Cap
$4.87B
Next Earnings
Apr 18, 2024
Next Dividend
N/A

ALK Fundamentals

WallStreetZen was designed to help part-time investors perform better fundamental analysis quickly.

You can see all of the due diligence checks on ALK's stock page.

Is ALK stock undervalued or overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ALK's intrinsic value.

Using relative valuations measures:

  • ALK may be overvalued based on its P/E ratio of 21.01x, relative to Airlines industry P/E ratio of 16.23x
  • ALK could be undervalued based on its P/B ratio of 1.18x, relative to Airlines industry P/B ratio of 2.83x
  • ALK may be undervalued based on its PEG ratio of 0.14x

You can do more valuation analysis on ALK's stock here.

How do ALK Financials look?

Passed Health Checks:

  • ALK profit margin has gone up from 0.6% to 2.3% in the past year.
  • ALK has $1.79B in cash and short term investments. This is enough to cover its annual cash burn of $444.00M.
  • ALK has cash burn of 444000000. It has sufficient cash and short-term investments to cover this for at least one year.

Failed Health Checks:

  • ALK has a relatively high debt to equity ratio of 2.55.
  • Total ALK debt is higher than 5 years ago, relative to shareholder equity.
  • There are more long-term liabilities than short-term assets on the ALK balance sheet.
  • There are more short-term liabilities than short-term assets on the ALK balance sheet.

Do analysts think it's a good time to buy ALK stock

Out of 4 sell side analysts who monitor ALK, the consensus analyst rating on Alaska Air Group is a Strong Buy

It's important to note that analyst forecasts are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the Alaska Air Group stock forecast page.

Metrics for Advanced ALK Traders

SMA10
37.98
SMA20
37.1
SMA50
37.43
SMA100
36.04
SMA200
40.98
MACD
0.6
MACD Signal
0.28
MACD Histogram
0.32
RSI
58.59
Stochastic %K
78.05
Stochastic %D
82.25
StochRSI %K
91.26
StochRSI %D
95.83

ALK Growth Numbers

Last year, ALK earnings were $235.00M. Over the past 5 year, ALK's earnings have gone up by -12.32% per year. This was slower than the Airlines industry average of -6.74%.

Last year, ALK revenue was $10.43B. During the past 5 year, ALK's revenue has gone up by 4.76% per year. This was slower than the Airlines industry average of 5.17%.

Dig into ALK's earnings and revenue performance here.

What are ALK executives and large shareholders up to?

Over the past 12 months, insiders at ALK have sold more shares than they have bought.

Rakow Diana Birkett, SVP PUB AFFAIRSSUSTAINABILITY of ALK, was the latest ALK insider to sell. They sold $24,757.89 worth of ALK shares on Feb 13, 2024.

Learn more about who owns ALK stock here.

Does ALK provide a stable income stream?

No, Alaska Air Group doesn't provide an income stream by paying out dividends.

Get opinions from other traders

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Make your ALK purchase

You have two main order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually fine for most investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at an exact dollar amount limit, use a limit order.

Hit the Open button and your broker will execute the order.

If you need more help with buying stocks on eToro, watch the helpful video below:

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Step 6: Keep an eye on your ALK investment

Now that you own some shares in ALK, you'll want to keep up with your investment.

Create a watchlist to track the latest developments regarding your ALK stock.

ALK Feed

How to Buy Stock in Alaska Air Group

To reiterate, here are the 6 steps to buy Alaska Air Group stock:

  1. Choose where to buy Alaska Air Group stock
  2. Sign up for your brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Alaska Air Group stock
  5. Make your ALK purchase
  6. Keep an eye on your ALK investment

If you are looking for a place to buy stocks, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get updates on your investment in Alaska Air Group, hit the button below to create your watchlist.

NYSE: ALK
$38.65-0.73 (-1.85%)
Updated Feb 23, 2024
Open eToro Account
NYSE: ALK
$38.65-0.73 (-1.85%)
Updated Feb 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Alaska Air Group share?

As of Feb 23, 2024, it costs $38.65 to buy one share of Alaska Air Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.259 shares of ALK.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Alaska Air Group stock?

According to 4 Wall Street analysts who monitor Alaska Air Group, their consensus recommendation is to buy Alaska Air Group stock.

What is the best way to buy Alaska Air Group stock?

One way to place an order for Alaska Air Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.