Last $45.77 USD
Change Today +0.74 / 1.64%
Volume 3.3M
As of 8:04 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

alaska air group inc (ALK) Snapshot

Open
$45.81
Previous Close
$45.03
Day High
$46.88
Day Low
$45.17
52 Week High
06/3/14 - $50.49
52 Week Low
09/3/13 - $28.04
Market Cap
6.3B
Average Volume 10 Days
1.7M
EPS TTM
$2.89
Shares Outstanding
137.4M
EX-Date
05/21/14
P/E TM
15.8x
Dividend
$0.50
Dividend Yield
0.98%
Current Stock Chart for ALASKA AIR GROUP INC (ALK)

alaska air group inc (ALK) Details

Alaska Air Group, Inc., through its subsidiaries, provides passengers and cargo air transportation services in the United States. The company operates through Alaska Mainline and Alaska Regional segments. It serves approximately 100 cities in Alaska, the Lower 48, Hawaii, Canada and Mexico. As of December 31, 2013, the company’s fleet consisted of 131 Boeing 737 jet aircraft and 51 Bombardier Q400 turboprop aircraft. The company was founded in 1932 and is based in Seattle, Washington.

12,386 Employees
Last Reported Date: 05/9/14
Founded in 1932

alaska air group inc (ALK) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $425.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $293.8K
Executive Vice President, Member of Managemen...
Total Annual Compensation: $335.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $335.0K
Member of Management Executive Committee, Chi...
Total Annual Compensation: $329.6K
Compensation as of Fiscal Year 2013.

alaska air group inc (ALK) Key Developments

Alaska Air Group, Inc. Reports Unaudited Consolidated Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Capital Expenditure Guidance for the Year 2014, 2015, 2016 and 2017; Provides Production Guidance for the Third Quarter and Full Year 2014

Alaska Air Group, Inc. reported unaudited consolidated earnings and production results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total operating revenues of $1,375 million compared with $1,256 million a year ago. Operating income was $263 million compared with $174 million a year ago. Income before income tax was $265 million compared with $169 million a year ago. GAAP net income was $165 million or $1.19 per diluted share compared to $104 million or $0.74 per diluted share a year ago. Adjusted earnings per share was $1.13 per diluted share, a 53% increase over the second quarter of 2013. For the six months, the company's total operating revenues were $2,597 million compared with $2,390 million a year ago. Operating income was $405 million compared with $239 million a year ago. Income before income tax was $229 million compared with $229 million a year ago. Net income was $259 million or $1.86 per diluted share compared with $141 million or $0.99 per diluted share a year ago. For the quarter, revenue passengers were 7,353,000 compared to 6,980,000 a year ago. RPMs traffic was 7,755,000 compared to 7,385,000 a year ago. ASMs capacity was 8,988,000 compared to 8,547,000 a year ago. Load factor was 86.3% compared to 86.4% a year ago. For the six months, revenue passengers were 14,002,000 compared to 13,326,000 a year ago. RPMs traffic was 14,832,000 compared to 14,385181,000 a year ago. ASMs capacity was 17,341,000 compared to 16,530,000 a year ago. Load factor was 85.5% compared to 85.8% a year ago. For the year 2014, the company expects total property and equipment additions to be $550 million. For the year 2015, the company expects total property and equipment additions to be $505 million. For the year 2016, the company expects total property and equipment additions to be $435 million. For the year 2017, the company expects total property and equipment additions to be $455 million. For the third quarter, the company expects capacity to be in the range of 9,550 million to 9,600 million. Fuel gallons to be 122,000,000. For the year 2014, the company expects capacity to be in the range of 36,050 million to 36,150 million. Fuel gallons to be 466,000,000.

Alaska Air Group Names Veresh Sita as Vice President and Chief Information Officer

Alaska Air Group, Inc. has named Veresh Sita as vice president and chief information officer, or CIO, for Alaska Airlines. As CIO, Sita will have oversight of a department of 300 information technology professionals and be responsible for investing in the infrastructure, enterprise systems and technical innovation at Alaska Airlines and its sister carrier Horizon Air. He will join the company on Aug. 1. Prior to joining Alaska, Sita served as the CIO for Seattle-based Colliers International. He joined the company in 2008 and helped transform the information and technology services department and led the company's global technology vision, architecture and systems implementation. He also led the creation of Colliers Hub, a social portal and collaboration platform, that helps employees collect client and market information from multiple structured and unstructured sources around the world. Sita also designed and implemented a mobile application and cloud services platform that integrates and connects clients and employees in 482 offices located across 62 countries. Before Colliers, Sita was the program director of global business systems at Starbucks Coffee Company.

Glenn S. Johnson to Retire as Executive Vice President of Alaska Air Group, Effective September 1, 2014

On July 9, 2014, Glenn S. Johnson, Executive Vice President of Alaska Air Group, Inc. announced his intention to retire, effective September 1, 2014.

 

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Industry Analysis

ALK

Industry Average

Valuation ALK Industry Range
Price/Earnings 12.4x
Price/Sales 1.4x
Price/Book 3.3x
Price/Cash Flow 8.2x
TEV/Sales 0.9x
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