ALK Stock Recent News

Alaska Air (NYSE: ALK) saw its net income surge by 300% y-o-y to $235 million in 2023. This can primarily be attributed to higher revenues, and lower fuel costs.

The tentative deal with the union covers more than 6,500 flight attendants of Alaska Airlines, the wholly-owned subsidiary of Alaska Air Group (ALK).

A union representing flight attendants for Alaska Airlines said on Friday that they have reached a tentative agreement for a record contract with the carrier.

United and American Airlines are still negotiating contracts with their flight attendants. American Airlines' flight attendant union said talks had ended on Thursday without a deal and that cabin crews should prepare for a strike.

In June 2024, the transportation sector draws significant attention from Wall Street analysts, with several stocks receiving strong buy ratings. Analysts are particularly bullish on three standout companies that demonstrate robust fundamentals, which makes them my favorites to recommend to investors.

As the industry seeks to benefit from the upbeat air travel demand, investing in airline stocks like CPA, SKYW, UAL and ALK can be a prudent move.

Alaska Air Group (ALK) concluded the recent trading session at $41.34, signifying a -0.41% move from its prior day's close.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Here is how Alaska Air Group (ALK) and Costamare (CMRE) have performed compared to their sector so far this year.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?