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How to buy Alaska Air Group (ALK) shares in Australia

Learn how to easily invest in Alaska Air Group shares.

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Alaska Air Group Inc (ALK) is a leading airlines business with stocks listed in the US. It opened the day at US$40.25 after a previous close of US$40.05. During the day the price has varied from a low of USD39.67 to a high of USD41.2. The latest price was USD41.13 (25 minute delay). Alaska Air Group is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in Alaska Air Group

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Alaska Air Group. Find the share by name or ticker symbol: ALK. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Alaska Air Group reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$40.05, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Alaska Air Group, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Alaska Air Group. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Alaska Air Group stock price (NYSE:ALK)

Use our graph to track the performance of ALK stocks over time.

Alaska Air Group shares at a glance

Information last updated 2022-07-01.
OpenUS$40.25
HighUS$41.2
LowUS$39.67
CloseUS$41.13
Previous closeUS$40.05
Change US$1.08
Change % 2.6966%
Volume 1,365,464
Information last updated 2022-06-25.
52-week rangeUS$38.19 - US$63.76
50-day moving average US$48.5144
200-day moving average US$53.2052
Target priceUS$73.08
PE ratio 11.4724
Dividend yield US$0 (0%)
Earnings per share (TTM) US$3.654

Compare trading apps to buy Alaska Air Group shares

1 - 8 of 8
Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
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IG Share Trading
US$0
0.70%
ASX shares, US shares, UK shares, ETFs, and more
For the months of July and August, trade Aussie shares from $2.50 and international shares from $0. T&Cs apply.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Tiger Brokers
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Tiger Brokers
US$1.99
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ASX shares, Global shares, Options trading, US shares, ETFs
Exclusive to Finder: Sign up to Tiger through Finder and on completion of your first deposit of any amount or transfer of shares receive 4 extra free grab shares. T&Cs apply.
Get started with $0 brokerage on ASX and US stocks for the first 3 months upon completion of your first qualifying deposit. Also receive a free Apple share if you deposit $3,000 or more.
SelfWealth (Basic account)
US$9.5
0.60%
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
CMC Markets Invest
US$0
0.60%
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 35,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges. Plus, buy Aussie shares for $0 brokerage up to $1,000. (Limited to one buy order per stock per trading day).
Bendigo Invest Direct
$0
0.60%
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Gain access to 12 markets from one account with Bendigo.
Invest in Australian shares and access major international markets through a trusted local brand. Plus, fine tune your investment knowledge with Bendigo’s advanced research and analysis tools.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, ETFs
Access 22,000+ stocks on 50+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares, ETFs
Sign up & fund your account with A$100 or more and receive US$10 of Tesla stocks on Superhero. T&Cs apply.
Enjoy $0 brokerage on US stocks and buying ETFs as well as a flat $5 fee to trade Australian shares.
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

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

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Alaska Air Group share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Alaska Air Group price performance over time

Historical closes compared with the last close of $41.13

1 week (2022-06-24) -1.88%
1 month (2022-06-01) -11.68%
3 months (2022-03-31) -29.10%
6 months (2021-12-31) -21.06%
1 year (2021-07-02) -32.25%
2 years (2020-07-02) 12.72%
3 years (2019-07-02) -34.81%
5 years (2017-06-30) -54.18%

Is Alaska Air Group under- or over-valued?

Valuing Alaska Air Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Alaska Air Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Alaska Air Group's P/E ratio

Alaska Air Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Alaska Air Group shares trade at around 11x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Alaska Air Group's PEG ratio

Alaska Air Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.3. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Alaska Air Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Alaska Air Group's EBITDA

Alaska Air Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$467 million (£0.0 million).

The EBITDA is a measure of a Alaska Air Group's overall financial performance and is widely used to measure a its profitability.

Alaska Air Group financials

Revenue TTM US$7.1 billion
Operating margin TTM 0.96%
Gross profit TTM US$939 million
Return on assets TTM 0.3%
Return on equity TTM 14.31%
Profit margin 6.6%
Book value 28.845
Market capitalisation US$5.3 billion

TTM: trailing 12 months

Alaska Air Group share dividends

We're not expecting Alaska Air Group to pay a dividend over the next 12 months.

Have Alaska Air Group's shares ever split?

Alaska Air Group's shares were split on a 2:1 basis on 10 July 2014. So if you had owned 1 share the day before the split, the next day you would own 2 shares. This wouldn't directly have changed the overall worth of your Alaska Air Group shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Alaska Air Group shares which in turn could have impacted Alaska Air Group's share price.

Alaska Air Group share price volatility

Over the last 12 months, Alaska Air Group's shares have ranged in value from as little as US$38.19 up to US$63.76. A popular way to gauge a stock's volatility is its "beta".

ALK.US volatility(beta: 1.45)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Alaska Air Group's is 1.4478. This would suggest that Alaska Air Group's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).

Alaska Air Group overview

Alaska Air Group, Inc., through its subsidiaries, provides passenger and cargo air transportation services. The company operates through three segments: Mainline, Regional, and Horizon. It flies to approximately 120 destinations throughout North America. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington.

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