The first-quarter 2024 earnings season is in its final lap as far as transportation stocks are concerned. It is a well-documented fact that stocks belonging to the Zacks Transportation sector have been hit by multiple headwinds like high fuel and labor costs, weak freight demand and fleet-related woes (for the airline players in the sector). Due to these headwinds, the S&P 500 members from the transportation space (all of whom have reported) saw a 6.1% year-over-year decline in first-quarter 2024 earnings p ...

The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Alaska Air Group (ALK) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. Alaska Air Group is one of 132 individual stocks in the Transportation sector. Collectively, these companies sit at #15 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best ...

The U.S. economy added 175,000 jobs in April, well below Wall Street expectations of 240,000, strengthening bets that the Federal Reserve will be able to cut interest rates in the coming months. Health care and social assistance led the way with a gain of 87,000 jobs. The unemployment rate ticked higher to 3.9% against expectations it would hold steady at 3.8%. Average hourly earnings rose 0.2% sequentially and 3.9% year over year, both below consensus estimates. The jobless rate tied for the highest level ...

It is not surprising that before an earnings season, every investor looks for stocks that can beat market expectations. This is because investors always try to position themselves ahead of time and look to tap stocks that are of high quality. In this regard, we ran a screener that yielded Amazon.com (AMZN) , NVIDIA (NVDA) , Zscaler (ZS) , Alaska Air Group (ALK) and DocuSign (DOCU) as the likely winners on the earnings beat potential. Why Is a Positive Earnings Surprise So Important? Historically, stocks of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-8957 ALASKA AIR GROUP, INC. Delaware 91-1292054 (State of Incorporation) (I.R.S. Employer Identification No.) 19300 International Boulevard, Se ...

The Zacks Transportation - Airline industry is being driven by upbeat air travel demand. Moreover, efforts to reward shareholders by the industry players indicate financial strength. However, high labor and fuel costs represent major headwinds. Moreover, production delays at Boeing (BA) are hurting the fleet-related plans of airlines in the United States. Despite the headwinds, we believe that investors interested in the industry would do well to keep stocks like United Airlines (UAL) , Alaska Air Group (AL ...

Alaska Air Group (ALK) closed the last trading session at $43.96, gaining 2.3% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $55.58 indicates a 26.4% upside potential. The average comprises 12 short-term price targets ranging from a low of $42 to a high of $75, with a standard deviation of $9.20. While the lowest estimate indicates a decline of 4.5% from the current price level, ...

Alaska Air Group (ALK) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Individual investors often ...

Investors with an interest in Transportation - Airline stocks have likely encountered both Alaska Air Group (ALK) and Ryanair (RYAAY) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highli ...

阿拉斯加航空集团（ALK） - 阿拉斯加航空集团在今年的表现比运输同行业公司更好[1][4] - 阿拉斯加航空集团目前的Zacks排名为2（买入）[3] - 阿拉斯加航空集团在运输-航空业中的表现略逊于行业平均水平[7] 国际海运（INSW） - 国际海运今年的回报率为20%，表现优于运输行业[5] - 国际海运的一致EPS估计今年增长了16.7%[6] - 国际海运所属的运输-航运行业今年的表现较好[8] 投资建议 - 投资者应该继续关注阿拉斯加航空集团和国际海运，因为它们可能会继续表现出色[9]